Watch List: Ciena Corporation (NYSE:CIEN), QUALCOMM (NASDAQ:QCOM), Infoblox Inc (NYSE:BLOX), Polycom Inc (NASDAQ:PLCM)

Ciena (NASDAQ:CIEN) SVP Stephen B. Alexander unloaded 3,500 shares of Ciena stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $22.23, for a total value of $77,805.00. Following the sale, the senior vice president now directly owns 173,214 shares in the company, valued at approximately $3,850,547. The transaction was disclosed in a filing with the SEC. Ciena Corporation (NYSE:CIEN) net profit margin is -1.70% and weekly performance is 2.69%. On last trading day company shares ended up $22.17. Analysts mean target price for the company is $28.50. Ciena Corporation (NYSE:CIEN) distance from 50-day simple moving average is 8.05%.

Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981) and Qualcomm Incorporated (NASDAQ: QCOM), have announced that SMIC and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, are working together in connection with 28nm process technology and wafer manufacturing services in China to manufacture Qualcomm® Snapdragon? processors. Qualcomm Technologies’ Snapdragon processors are purpose built for mobile devices. SMIC is one of China’s largest and most advanced semiconductor foundries, and Qualcomm Technologies is one of the world’s largest fabless semiconductor vendors and a world leader in 3G, 4G and next-generation wireless technologies. QUALCOMM, Inc. (NASDAQ:QCOM) shares advanced 1.02% in last trading session and ended the day on $80.99. QCOM Gross Margin is 60.00% and its return on assets is 14.80%. QUALCOMM, Inc. (NASDAQ:QCOM) quarterly performance is 1.07%.

Infoblox Inc (NYSE:BLOX), a provider of network control solutions that connects end users, devices and networks, published the results of a recent survey that assessed the readiness of enterprises to meet the demand and complexities of the Internet of Things (IoT), including the capabilities of their networks and the ability of their IT departments to handle the surge in connections, data usage, maintenance and security. Infoblox Inc (NYSE:BLOX) shares moved up 0.31% in last trading session and was closed at $13.04, while trading in range of $13.00-$13.20. Infoblox Inc (NYSE:BLOX) year to date performance is -60.51%.

Polycom Inc. (NASDAQ:PLCM) has earned an average recommendation of “Hold” from the twelve brokerages that are presently covering the company, AnalystRatingsNetwork reports. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Polycom Inc (NASDAQ:PLCM) ended the last trading day at $12.91. Company weekly volatility is calculated as 1.95% and price to cash ratio as 3.36. Polycom Inc (NASDAQ:PLCM) showed a positive weekly performance of 4.45%.