Thomas Nevens Biography and Net Worth

Director of Ciena

Mr. T. Michael Nevens joined Ciena as a Director in February 2014. Since 2006, Mr. Nevens has served as senior adviser to Permira Advisers, LLC, an international private equity fund. From 1980 to 2002, Mr. Nevens held various leadership positions at McKinsey & Co., most recently as a director (senior partner) and as managing partner of the firm’s Global Technology Practice. He also served on the board of the McKinsey Global Institute, which conducts research on economic and policy issues. Mr. Nevens received a B.S. in Physics from the University of Notre Dame and a Master of Science in Industrial Administration from the Krannert School of Management at Purdue University, where he was designated a Krannert Scholar. Mr. Nevens is a member of the Advisory Council of the Mendoza College of Business at the University of Notre Dame, where he has been an adjunct professor of Corporate Governance and Strategy. Mr. Nevens also serves on the board of directors of NetApp, Inc. and Altera Corporation.

What is Thomas Michael Nevens' net worth?: The estimated net worth of Thomas Michael Nevens is at least $689,315.29 as of October 2nd, 2023. Mr. Nevens owns 14,789 shares of Ciena stock worth more than $689,315 as of April 27th. This net worth estimate does not reflect any other investments that Mr. Nevens may own. Learn More about Thomas Michael Nevens' net worth.
How do I contact Thomas Michael Nevens?: The corporate mailing address for Mr. Nevens and other Ciena executives is 7035 RIDGE ROAD, HANOVER MD, 21076. Ciena can also be reached via phone at (410) 694-5700 and via email at [email protected]. Learn More on Thomas Michael Nevens' contact information.
Has Thomas Michael Nevens been buying or selling shares of Ciena?: Thomas Michael Nevens has not been actively trading shares of Ciena during the past quarter. Most recently, Thomas Michael Nevens sold 21,737 shares of the business's stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $74.31, for a transaction totalling $1,615,276.47. Following the completion of the sale, the director now directly owns 12,732 shares of the company's stock, valued at $946,114.92. Learn More on Thomas Michael Nevens' trading history.
Who are Ciena's active insiders?: Ciena's insider roster includes Stephen Alexander (SVP), Bruce Claflin (Director), Joseph Cumello (SVP), Rick Hamilton (SVP), Scott McFeely (SVP), James Moylan, Jr. (CFO), Patrick Nettles (Director), Thomas Nevens (Director), Judith O'Brien (Director), Andrew Petrik (VP), Jason Phipps (SVP), David Rothenstein (VP), and Gary Smith (CEO). Learn More on Ciena's active insiders.
Are insiders buying or selling shares of Ciena?: In the last twelve months, insiders at the communications equipment provider sold shares 40 times. They sold a total of 207,055 shares worth more than $10,226,741.40. The most recent insider tranaction occured on April, 15th when SVP Joseph Cumello sold 3,156 shares worth more than $144,355.44. Insiders at Ciena own 0.8% of the company. Learn More about insider trades at Ciena.
Information on this page was last updated on 4/15/2024.

Thomas Michael Nevens Insider Trading History at Ciena

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/12/2023	Sell	21,737	$74.31	$1,615,276.47	12,732
1/13/2020	Sell	2,000	$41.98	$83,960.00
11/11/2019	Sell	2,000	$37.17	$74,340.00
10/11/2019	Sell	2,000	$37.75	$75,500.00
9/11/2019	Sell	2,000	$40.10	$80,200.00
8/12/2019	Sell	2,000	$43.23	$86,460.00
7/11/2019	Sell	2,000	$43.40	$86,800.00
5/13/2019	Sell	7,000	$34.24	$239,680.00

Thomas Michael Nevens Buying and Selling Activity at Ciena

Ciena Company Overview

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as 8100 coherent routing platforms; 3000 family of service delivery switches and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, multi-cloud orchestration, and unified assurance and analytics services. Its Platform Software and Service segment offers MCP domain controller solution, and OneControl unified management system, as well as planning tools. The company's Global Services segment provides maintenance support and training, installation and deployment, and consulting and network design services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.

Today's Range

Now: $46.61

$45.72

$46.84

50 Day Range

MA: $50.68

$43.57

$62.47

2 Week Range

Now: $46.61

$39.94

$63.24

Volume

1,461,241 shs

Average Volume

1,496,450 shs

Market Capitalization

$6.74 billion

P/E Ratio

30.27

Dividend Yield

N/A

Beta

0.99

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