The Insider Gary Smith Sold 12948 shares of Ciena (CIEN); Shorts at ACOM CO LTD JPY ORDINARY SHARES (ACJJF) Lowered By 17.88%

ACOM CO LTD JPY ORDINARY SHARES (OTCMKTS:ACJJF) had a decrease of 17.88% in short interest. ACJJF’s SI was 7.17 million shares in March as released by FINRA. Its down 17.88% from 8.73M shares previously. With 100 avg volume, 71666 days are for ACOM CO LTD JPY ORDINARY SHARES (OTCMKTS:ACJJF)’s short sellers to cover ACJJF’s short positions. The SI to ACOM CO LTD JPY ORDINARY SHARES’s float is 2.29%. It closed at $4.25 lastly. It is down 0.00% since March 23, 2017 and is . It has underperformed by 16.70% the S&P500.

Two days ago, the PRESIDENT – CEO of Ciena Corp, Mr. Gary Smith, sold amount of shares – 12,948, totalling $344,158 USD, based on a market price of $26.6 a share. He also unloaded 16,000 shares with a market value $403,057 USD in the last 30 days. Gary Smith presently owns 672,975 shares or 0.47% of Ciena Corp’s total market capitalization.

Since September 27, 2017, it had 0 insider purchases, and 34 insider sales for $2.74 million activity. 2,500 shares valued at $56,876 were sold by ALEXANDER STEPHEN B on Tuesday, January 16. 2,000 shares were sold by Rothenstein David M, worth $45,501 on Tuesday, January 16. Shares for $92,564 were sold by FRODSHAM JAMES. MOYLAN JAMES E JR had sold 2,000 shares worth $46,252 on Wednesday, February 21. Another trade for 4,375 shares valued at $94,342 was made by PETRIK ANDREW C on Monday, October 16. SMITH GARY B also sold $171,062 worth of Ciena Corporation (NYSE:CIEN) on Thursday, December 14. McFeely Scott sold $23,152 worth of stock.

Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The company has market cap of $3.72 billion. The companyÂ’s Networking Platforms segment offers hardware networking solutions optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. It has a 5.51 P/E ratio. The Company’s products include 6500 Packet-Optical Platform and the 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 4200 Advanced Services Platform, Corestream 5100/5200 Advanced Services Platform, Common Photonic Layer, and 6100 Multiservice Optical Platform.

The stock decreased 0.38% or $0.1 during the last trading session, reaching $25.92. About 1.06M shares traded. Ciena Corporation (NYSE:CIEN) has risen 44.43% since March 23, 2017 and is uptrending. It has outperformed by 27.73% the S&P500.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.06, from 1 in 2017Q2. It dived, as 46 investors sold Ciena Corporation shares while 79 reduced holdings. 31 funds opened positions while 94 raised stakes. 148.04 million shares or 3.07% more from 143.63 million shares in 2017Q2 were reported. Lazard Asset Mgmt Lc holds 0.03% or 609,615 shares in its portfolio. Nomura stated it has 0% of its portfolio in Ciena Corporation (NYSE:CIEN). Mason Street Advsr Limited Liability holds 0.04% in Ciena Corporation (NYSE:CIEN) or 70,365 shares. Riverhead Capital Management Limited Liability reported 11,894 shares. Moreover, Dana Advsrs Incorporated has 0.1% invested in Ciena Corporation (NYSE:CIEN). Vanguard holds 0.01% or 12.61 million shares in its portfolio. Tower Ltd Liability (Trc) invested 0.04% in Ciena Corporation (NYSE:CIEN). 24,662 are held by Creative Planning. Envestnet Asset Mngmt Inc holds 24,647 shares or 0% of its portfolio. The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.01% in Ciena Corporation (NYSE:CIEN). Great West Life Assurance Can invested 0% of its portfolio in Ciena Corporation (NYSE:CIEN). Fmr Limited Liability Corp accumulated 0% or 1.44 million shares. Alliancebernstein Lp holds 0.06% of its portfolio in Ciena Corporation (NYSE:CIEN) for 3.42 million shares. Nuveen Asset Mngmt Limited Liability accumulated 49,996 shares. Royal Fincl Bank Of Canada reported 55,931 shares stake.

Analysts await Ciena Corporation (NYSE:CIEN) to report earnings on June, 7. They expect $0.23 EPS, down 39.47% or $0.15 from last year’s $0.38 per share. CIEN’s profit will be $33.03 million for 28.17 P/E if the $0.23 EPS becomes a reality. After $0.07 actual EPS reported by Ciena Corporation for the previous quarter, Wall Street now forecasts 228.57% EPS growth.

Among 23 analysts covering Ciena (NYSE:CIEN), 19 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Ciena has $3600 highest and $17 lowest target. $28.39’s average target is 9.53% above currents $25.92 stock price. Ciena had 87 analyst reports since August 18, 2015 according to SRatingsIntel. Jefferies maintained Ciena Corporation (NYSE:CIEN) rating on Friday, June 3. Jefferies has “Buy” rating and $25 target. The stock has “Buy” rating by B. Riley & Co on Tuesday, August 29. The rating was upgraded by Raymond James on Wednesday, August 26 to “Mkt Perform”. The firm earned “Buy” rating on Friday, March 9 by Citigroup. The rating was maintained by Cowen & Co on Tuesday, October 31 with “Buy”. Jefferies maintained Ciena Corporation (NYSE:CIEN) on Wednesday, October 4 with “Buy” rating. The firm has “Neutral” rating by PiperJaffray given on Friday, December 8. The firm has “Buy” rating given on Wednesday, August 30 by Citigroup. The company was maintained on Friday, June 2 by Bank of America. Morgan Stanley upgraded Ciena Corporation (NYSE:CIEN) rating on Tuesday, January 12. Morgan Stanley has “Overweight” rating and $23 target.

Acom Co., Ltd. engages in the loan and credit card business in Japan and internationally. The company has market cap of $7.22 billion. The firm operates through four divisions: Loan and Credit Card Business, Guarantee Business, Overseas Financial Business, and Loan Servicing Business. It currently has negative earnings. It provides unsecured and secured loans; credit cards; guarantees; and loan servicing covering purchased receivables.