The Chief Financial Officer of Hanover, Md-based Ciena Corporation (NYSE: CEIN) filed the following stock transaction dated July 15, 2015 with the SEC.
James E. Moylan Jr., Senior Vice President and Chief Financial Officer of Ciena Corporation disposed of 1,000 common stock shares at an average price of $24.57 on July 15, 2015. Moylan held 390,227 shares after the transaction.
The sold shares are valued at approximately $24,570. The transaction adheres to a trading plan dated 10/15/14 under Rule 10b5-1.
The network technology company in Anne Arundel County was down -0.17cents at market close to $24.32. The 52-week high was $26.20 and the low end $13.77. Ciena's market value is approximately $2.88 billion.