FengHe Fund Management Pte. Ltd. Invests $36.48 Million in Ciena Corporation $CIEN

FengHe Fund Management Pte. Ltd. purchased a new position in Ciena Corporation (NYSE:CIEN) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 250,400 shares of the communications equipment provider’s stock, valued at approximately $36,476,000. Ciena makes up 3.3% of FengHe Fund Management Pte. Ltd.’s portfolio, making the stock its 13th biggest holding. FengHe Fund Management Pte. Ltd. owned about 0.18% of Ciena as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Mather Group LLC. bought a new position in shares of Ciena during the third quarter valued at approximately $28,000. Salomon & Ludwin LLC purchased a new stake in shares of Ciena in the 3rd quarter worth approximately $31,000. Bayforest Capital Ltd increased its position in Ciena by 34.7% during the 1st quarter. Bayforest Capital Ltd now owns 636 shares of the communications equipment provider’s stock valued at $38,000 after buying an additional 164 shares in the last quarter. Allworth Financial LP raised its stake in Ciena by 107.5% during the second quarter. Allworth Financial LP now owns 718 shares of the communications equipment provider’s stock valued at $58,000 after buying an additional 372 shares during the last quarter. Finally, True Wealth Design LLC boosted its holdings in Ciena by 3,663.6% in the third quarter. True Wealth Design LLC now owns 414 shares of the communications equipment provider’s stock worth $60,000 after acquiring an additional 403 shares in the last quarter. Institutional investors own 91.99% of the company’s stock.

Trending Headlines about Ciena

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Argus upgraded CIEN citing an AI networking surge and a record ~$5 billion backlog, signaling stronger near-term revenue visibility and improving analyst sentiment. Argus upgrades Ciena amid AI networking surge
• Positive Sentiment: Zacks added CIEN to its Rank #1 (Strong Buy) growth list for Jan. 9, reinforcing buy-side momentum from momentum/growth-focused investors. Best Growth Stocks to Buy for January 9th
• Positive Sentiment: Zacks and other outlets highlighted CIEN among top liquid and communication-components stocks benefiting from AI-driven network spending, supporting continued institutional interest. Boost Your Portfolio Returns With These 4 Top-Performing Liquid Stocks
• Positive Sentiment: Industry coverage notes CIEN trading close to its 52‑week high after a huge multi-month rally (~200% over six months), underscoring strong market momentum. Ciena Trading Close to 52-Week High
• Neutral Sentiment: A retrospective piece shows long-term shareholder gains (what $100 invested 10 years ago would be worth), useful for buy-and-hold investors but less relevant to near-term price moves. $100 Invested In Ciena 10 Years Ago
• Neutral Sentiment: Coverage questioning whether it’s too late to buy after a 210% one‑year surge frames risk/reward for new buyers but doesn’t change fundamentals. Is It Too Late To Consider Ciena?
• Negative Sentiment: AAII flagged an 8.29% drop (short-term headline) that reflected profit-taking and reaction to recent events — a reminder of outsized volatility after CIEN’s big run. Why Ciena’s Stock Is Down 8.29%
• Negative Sentiment: Significant insider selling: reports show the CEO sold roughly $19.17M of stock, which likely amplified selling pressure and investor concern about timing after the rapid rally. Insider Selling: Ciena CEO Sells Stock

Ciena Trading Up 2.4%

Shares of CIEN stock opened at $230.58 on Friday. The company has a current ratio of 2.73, a quick ratio of 2.09 and a debt-to-equity ratio of 0.56. Ciena Corporation has a 12-month low of $49.21 and a 12-month high of $261.13. The stock has a market capitalization of $32.48 billion, a P/E ratio of 271.27, a P/E/G ratio of 1.25 and a beta of 1.13. The firm’s 50 day moving average is $213.22 and its 200 day moving average is $150.23.

Ciena (NYSE:CIEN) last released its quarterly earnings results on Thursday, December 11th. The communications equipment provider reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.15. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Ciena had a return on equity of 8.38% and a net margin of 2.59%.The company’s revenue was up 20.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 EPS. Research analysts expect that Ciena Corporation will post 1.6 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CIEN. Bank of America raised their price target on Ciena from $200.00 to $260.00 and gave the company a “buy” rating in a report on Friday, December 12th. Wall Street Zen downgraded shares of Ciena from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 21st. Morgan Stanley set a $213.00 target price on shares of Ciena in a research note on Wednesday, December 17th. Barclays increased their price target on shares of Ciena from $138.00 to $279.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Finally, UBS Group boosted their price objective on shares of Ciena from $120.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Ciena has an average rating of “Moderate Buy” and an average target price of $237.50.

Insider Buying and Selling at Ciena

In other Ciena news, CEO Gary B. Smith sold 83,552 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $229.44, for a total value of $19,170,170.88. Following the transaction, the chief executive officer directly owned 307,885 shares in the company, valued at approximately $70,641,134.40. This trade represents a 21.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas Michael Nevens sold 8,554 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $224.66, for a total transaction of $1,921,741.64. Following the sale, the director directly owned 9,422 shares of the company’s stock, valued at approximately $2,116,746.52. The trade was a 47.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 127,117 shares of company stock valued at $28,068,125. Insiders own 0.93% of the company’s stock.

Ciena Profile

Ciena Corporation (NYSE: CIEN) is a global supplier of telecommunications networking equipment, software and services. The company develops high-capacity optical transport systems and packet-optical platforms that enable service providers, cloud operators and large enterprises to build, manage and scale their networks. Ciena’s product portfolio includes coherent optical solutions, packet networking platforms and a suite of network automation software designed to optimize bandwidth, reduce latency and simplify network operations.

In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance.