New York, Feb 10, 2026, 12:13 EST — Regular session
- Corning slipped roughly 1.3% around midday, following its previous session’s $131.39 finish.
- SVP Jordana Daryl Kammerud unloaded 30,000 shares on Feb. 9, according to the SEC filing.
- Investors are looking for fresh signals on optical demand at conferences slated for late February.
Corning Incorporated stock fell roughly 1.3% Tuesday, after news broke of an insider selling, prompting some investors to lock in gains.
The clock’s important here: Corning is now standing in as a fast read on AI data-center outlays, and after its recent surge, the stock isn’t built for quiet sessions. Even a modest headline can spark outsized moves if too many holders are on the same side.
The stock slipped 1.3% to $129.73 midday, following Monday’s $131.39 close. It traded between $127.88 and $133.50 so far today. Over that stretch, the S&P 500 ETF SPY edged up roughly 0.1%, with QQQ sitting unchanged.
Senior vice president Jordana Daryl Kammerud unloaded 30,000 shares on Feb. 9, according to a Form 4 she filed with the SEC. The weighted average price: $127.6673 per share, putting the total sale at roughly $3.8 million. After the move, Kammerud’s disclosure lists 2,772 shares remaining.
Corning, the company behind Gorilla Glass for smartphones, grabbed attention after landing a multi-year contract worth as much as $6 billion with Meta. The deal covers optical fiber, cable, and connectivity equipment aimed at U.S. data centers. “Power next-generation data centers,” is how CEO Wendell Weeks put it. On Meta’s side, Joel Kaplan cited the need for “world-class partners and American manufacturing” to support the buildout. Corning Investor Relations
UBS analyst Joshua Spector bumped up his price target on Corning to $125 from $109, citing management’s hints at additional optical deals in the works, a report from Insider Monkey said Monday. Spector maintained his buy rating.
Corning’s late-January earnings report made an impression. Fourth-quarter core sales jumped 14% to $4.41 billion, with core EPS climbing 26% to $0.72. “Core” numbers strip out some items, the company notes. CFO Ed Schlesinger struck an upbeat note: “We enter 2026 with exciting momentum.” For the first quarter, Corning is looking for core sales somewhere between $4.2 billion and $4.3 billion, with core EPS in the $0.66 to $0.70 range. Corning Investor Relations
Still, those intraday moves underline just how fast sentiment can shift. A slowdown in data-center spending or any hiccup in deal timing, and Corning’s shares might face steeper drops—particularly with insiders cashing out on these rallies.
Corning heads to Susquehanna’s Fifteenth Annual Technology Conference on Feb. 27, then appears at the Morgan Stanley Technology, Media & Telecom Conference on March 3. Investors will be watching for any word on optical orders and potential expansion.
