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Citigroup Inc. Decreases Stock Holdings in Ciena Corporation $CIEN
Citigroup Inc. reduced its stake in Ciena Corporation by 6.6% in the third quarter of 2025, selling 18,264 shares and now holding 256,575 shares valued at approximately $37.38 million. This comes amidst significant insider selling, including CEO Gary B. Smith who sold over 83,000 shares, and other institutional investors making new purchases or increasing their positions. Ciena recently reported strong quarterly earnings, beating EPS and revenue estimates, and analysts maintain a “Moderate Buy” rating for the stock.