Ciena (CIEN)’s Insider Gary Smith Sells 8,000 Shares; Funds Transfer (RELL) Has 2.29 Sentiment

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Sentiment for Funds Transfer Inc (RELL)

Funds Transfer Inc (RELL) investors sentiment increased to 2.29 in Q1 2018. It’s up 1.38, from 0.91 in 2017Q4. The ratio is better, as 16 investment professionals opened new or increased positions, while 7 sold and reduced positions in Funds Transfer Inc. The investment professionals in our database reported: 5.56 million shares, up from 5.44 million shares in 2017Q4. Also, the number of investment professionals holding Funds Transfer Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 7 Increased: 8 New Position: 8.

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 $3.79 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 5.73 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.

Another recent and important Ciena Corporation (NYSE:CIEN) news was published by Nasdaq.com which published an article titled: “Sify Technologies to Deliver 400G-ready Metro Networks Using Ciena’s WaveLogic Ai Technology” on June 28, 2018.

Yesterday, the PRESIDENT – CEO of Ciena Corp, Mr. Gary Smith, sold number of company shares – 8,000, amounting to $206,705 U.S. Dollars, which is based on a market stock price of $25.8 for every share. This is not his first insider trade, in the last 30 days, he sold another 20,948 shares worth $527,566 USD. Gary Smith now holds 604,027 shares of the Firm. Dated 29-06-2018 the sale document is available online here.

Among 13 analysts covering Ciena (NYSE:CIEN), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Ciena has $3600 highest and $27.0 lowest target. $30.88’s average target is 16.53% above currents $26.5 stock price. Ciena had 19 analyst reports since January 16, 2018 according to SRatingsIntel. As per Tuesday, May 29, the company rating was maintained by Cowen & Co. The stock of Ciena Corporation (NYSE:CIEN) earned “Overweight” rating by Morgan Stanley on Monday, June 25. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, March 9 report. Jefferies maintained the shares of CIEN in report on Wednesday, March 7 with “Buy” rating. Loop Capital Markets initiated the shares of CIEN in report on Wednesday, May 23 with “Buy” rating. J.P. Morgan initiated the shares of CIEN in report on Thursday, May 3 with “Buy” rating. M Partners maintained Ciena Corporation (NYSE:CIEN) rating on Tuesday, February 27. M Partners has “Buy” rating and $28.0 target. The stock has “Overweight” rating by JP Morgan on Friday, June 1. On Thursday, April 26 the stock rating was maintained by Jefferies with “Buy”. The stock of Ciena Corporation (NYSE:CIEN) has “Buy” rating given on Friday, June 1 by Citigroup.

Analysts await Ciena Corporation (NYSE:CIEN) to report earnings on August, 30. They expect $0.34 earnings per share, down 22.73% or $0.10 from last year’s $0.44 per share. CIEN’s profit will be $48.56 million for 19.49 P/E if the $0.34 EPS becomes a reality. After $0.16 actual earnings per share reported by Ciena Corporation for the previous quarter, Wall Street now forecasts 112.50% EPS growth.

Investors sentiment increased to 1.3 in 2018 Q1. Its up 0.36, from 0.94 in 2017Q4. It improved, as 24 investors sold Ciena Corporation shares while 82 reduced holdings. 48 funds opened positions while 90 raised stakes. 142.76 million shares or 0.19% more from 142.49 million shares in 2017Q4 were reported. Financial Bank Of Montreal Can reported 0% in Ciena Corporation (NYSE:CIEN). Emerald Advisers Pa, Pennsylvania-based fund reported 654,509 shares. Credit Suisse Ag owns 229,084 shares. Hsbc Holdings Public Limited Liability Corp holds 14,367 shares or 0% of its portfolio. Aperio Grp Limited Liability Company holds 0.01% in Ciena Corporation (NYSE:CIEN) or 85,264 shares. Maverick Limited holds 0.49% in Ciena Corporation (NYSE:CIEN) or 1.46 million shares. Natl Bank Of Mellon Corporation holds 13.50 million shares or 0.1% of its portfolio. Jpmorgan Chase holds 0.01% of its portfolio in Ciena Corporation (NYSE:CIEN) for 1.24 million shares. Bnp Paribas Asset Hldg Sa invested in 877,256 shares. Federated Investors Pa invested in 118,888 shares. California Pub Employees Retirement System reported 0.01% of its portfolio in Ciena Corporation (NYSE:CIEN). 11,603 are owned by Lpl Fincl. Retirement Of Alabama holds 0.08% of its portfolio in Ciena Corporation (NYSE:CIEN) for 587,132 shares. Regions Corporation holds 0% or 71 shares. Pennsylvania-based Janney Montgomery Scott Limited Liability Com has invested 0.01% in Ciena Corporation (NYSE:CIEN).

Since January 11, 2018, it had 0 buys, and 71 sales for $5.46 million activity. $76,742 worth of Ciena Corporation (NYSE:CIEN) was sold by HAMILTON RICK. McFeely Scott sold $29,740 worth of stock. $56,876 worth of Ciena Corporation (NYSE:CIEN) was sold by ALEXANDER STEPHEN B on Tuesday, January 16. Shares for $46,252 were sold by MOYLAN JAMES E JR. SMITH GARY B sold $214,068 worth of Ciena Corporation (NYSE:CIEN) on Tuesday, May 8. The insider PETRIK ANDREW C sold $15,496. 1,972 shares were sold by NETTLES PATRICK H, worth $50,937 on Monday, March 26.

The stock increased 1.65% or $0.43 during the last trading session, reaching $26.5. About 1.49 million shares traded. Ciena Corporation (NYSE:CIEN) has risen 7.17% since June 29, 2017 and is uptrending. It has underperformed by 5.40% the S&P500. Some Historical CIEN News: 03/05/2018 – Eletronet Collaborates with Ciena for High-Speed and Cost-Effective Data Transport; 27/03/2018 – Ciena Introduces Enhanced Policy Capabilities for its Blue Planet Platform Leveraging ONAP Elements; 06/03/2018 – Ciena 1Q Adj EPS 15c; 26/04/2018 – CIENA JOB REORGANIZATION PLAN UNRELATED TO AT&T; 26/04/2018 – CIENA RECENTLY IMPLEMENTED TARGETED ORGANIZATION ALIGNMENT; 15/05/2018 – GlobeNet Strengthens its Latin American Submarine Network with Ciena; 19/04/2018 – DJ Ciena Corporation, Inst Holders, 1Q 2018 (CIEN); 31/05/2018 – Ciena 2Q EBITDA $77.1M; 13/03/2018 – Ciena Reveals New Solutions that Tackle Fiber Densification Challenges and Create More Adaptive Networks; 31/05/2018 – Ciena 2Q Adj EPS 23c

The stock increased 2.00% or $0.19 during the last trading session, reaching $9.68. About 3,209 shares traded. Richardson Electronics, Ltd. (RELL) has risen 57.21% since June 29, 2017 and is uptrending. It has outperformed by 44.64% the S&P500. Some Historical RELL News: 22/03/2018 Canvys Introduces New 27” and 32” 4K Ultra HD Displays; 22/03/2018 – Canvys Introduces New 27” and 32” 4K Ultra HD Displays; 11/04/2018 – Richardson Electronics Reports Third Quarter Fiscal 2018 Profit and Declares Quarterly Cash Dividend; 11/04/2018 – Richardson Electronics 3Q EPS 4c; 11/04/2018 – Richardson Electronics Declares Dividend of 6c; 11/04/2018 – RICHARDSON ELECTRONICS LTD – QTRLY TOTAL NET INCOME PER COMMON SHARE — DILUTED $0.04; 21/04/2018 – DJ Richardson Electronics Ltd, Inst Holders, 1Q 2018 (RELL)

Another recent and important Richardson Electronics, Ltd. (NASDAQ:RELL) news was published by Globenewswire.com which published an article titled: “Richardson Healthcare Announces The ALTA750â„¢ Replacement CT Tube” on May 31, 2018.

Zpr Investment Management holds 0.26% of its portfolio in Richardson Electronics, Ltd. for 22,917 shares. Mutual Of America Capital Management Llc owns 752,963 shares or 0.09% of their US portfolio. Moreover, Ancora Advisors Llc has 0.08% invested in the company for 222,056 shares. The New York-based Boothbay Fund Management Llc has invested 0.04% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 129,911 shares.

Ciena Corporation (NYSE:CIEN) Institutional Positions Chart