Insider Cluster (2 insiders) ·Filed Jun 30, 2026
Insider cluster: 2 insiders, $796K total
Actionable Insight • Neutral
The dollar amounts are too small to convey a bearish signal. Monitor for larger insider sales or a cluster exceeding 0.1% of market cap before drawing any directional conclusion.
Final — all horizons settled through T+60d
CIEN ▼ -27.45% at T+60d
NEUTRAL call -27.45% · α vs SPY -31.01% · entry $490.56 → $355.91
T+1d
-5.73%
call -5.73% · α -5.60%
$462.44
settled 4mo ago
T+5d
-11.56%
call -11.56% · α -12.17%
$433.83
settled 4mo ago
T+20d
-23.09%
call -23.09% · α -22.07%
$377.27
settled 3mo ago
T+60d
-27.45%
call -27.45% · α -31.01%
$355.91
settled 5w ago
Price Chart
Loading chart...
Executive Summary
Two CIEN insiders (SVP & CFO) sold a combined $796K in open-market transactions over a 7-day window. The total is 0.0012% of the $67.8B market cap — a trivial amount with no material signal.
Key Financial Metrics
Direction
selling
Total Value
$796.2K
Insiders
2
Key Facts
- Joseph Cumello (SVP, General Mgr. Blue Planet) sold 1,586 shares at $466.33 for ~$740K on 2026-06-26.
- Marc Graff (SVP & CFO) sold 126 shares at $449.36 for ~$57K on 2026-06-24.
- Total insider sales of $796K represent 0.0012% of CIEN's $67.8B market cap.
- Both transactions were open-market sales (code S); no 10b5-1 plan pattern is evident.
Financial Impact
Total insider sales of $796K, negligible relative to $67.8B market cap.
Risk Factors
- Insider sales may increase in size or frequency, but current data shows no material risk.
Market Snapshot
Exchange
NYSE
Sector
Telephone & Telegraph Apparatus
Analyst Consensus
69% bullish (26 analysts)
Investment Themes
Media & Telecom
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CIEN-1782844449655 |
33 reports for CIEN
63% Hit rate @ T+5 Went positive at some point 7 of 10 best @ T+60▲ +90.31%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Institutional Cluster | $320.26 | awaiting T+5 | — | $335.93 (−4.89%) |
Oct 19, 2026 7d ago | Insider Cluster | $341.95 | awaiting T+5 | — | $335.93 (+1.76%) |
Oct 13, 2026 13d ago | Insider Cluster | $400.40 $341.95 | ▲ +14.60% | ▲ +13.45% | $335.93 (+16.10%) |
Sep 29, 2026 27d ago | Insider Cluster | $351.82 $446.45 | ▲ +26.90% | ▲ +24.98% | $335.93 (−4.52%) |
Sep 28, 2026 28d ago | Insider Cluster | $354.92 $443.65 | ▼ −25.00% | ▼ −23.05% | $335.93 (+5.35%) |
Sep 25, 2026 4w ago | Insider Cluster | $344.19 $389.69 | ▼ −13.22% | ▼ −12.02% | $335.93 (+2.40%) |
Sep 17, 2026 5w ago | Insider Cluster | $348.80 $356.91 | ▲ +2.33% | ▲ +1.06% | $335.93 (−3.69%) |
Sep 17, 2026 5w ago | Insider Cluster | $348.80 $356.91 | ▲ +2.33% | ▲ +1.06% | $335.93 (−3.69%) |
Sep 17, 2026 5w ago | Insider Cluster | $348.80 $356.91 | ▲ +2.33% | ▲ +1.06% | $335.93 (−3.69%) |
Sep 3, 2026 7w ago | 8-K | $317.46 $349.54 | ▲ +10.11% | ▲ +11.25% | $335.93 (+5.82%) |
Showing 10 of 33
US Market Status
Market Closed — Opens Wed (10h 8m)
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers