Cerity Partners LLC Buys 16,255 Shares of Ciena Corporation $CIEN

Cerity Partners LLC increased its holdings in Ciena Corporation (NYSE:CIEN) by 26.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,276 shares of the communications equipment provider’s stock after acquiring an additional 16,255 shares during the quarter. Cerity Partners LLC owned about 0.06% of Ciena worth $11,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CIEN. World Investment Advisors acquired a new stake in Ciena in the 2nd quarter worth $253,000. Vaughan Nelson Investment Management L.P. raised its position in shares of Ciena by 375.4% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,235,696 shares of the communications equipment provider’s stock valued at $100,499,000 after buying an additional 975,792 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Ciena by 7.4% in the second quarter. JPMorgan Chase & Co. now owns 5,243,053 shares of the communications equipment provider’s stock valued at $426,420,000 after buying an additional 359,579 shares during the period. Inspire Investing LLC lifted its position in shares of Ciena by 516.6% in the 1st quarter. Inspire Investing LLC now owns 18,719 shares of the communications equipment provider’s stock worth $1,131,000 after acquiring an additional 15,683 shares during the period. Finally, Amundi increased its position in shares of Ciena by 322.8% during the first quarter. Amundi now owns 34,035 shares of the communications equipment provider’s stock valued at $1,912,000 after purchasing an additional 25,986 shares during the period. 91.99% of the stock is currently owned by institutional investors.

Ciena News Roundup

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 Price Performance

Shares of NYSE CIEN opened at $230.58 on Friday. The stock has a market capitalization of $32.48 billion, a price-to-earnings ratio of 271.27, a PEG ratio of 1.28 and a beta of 1.13. Ciena Corporation has a fifty-two week low of $49.21 and a fifty-two week high of $261.13. The business has a 50-day moving average of $213.22 and a 200-day moving average of $150.73. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.73 and a quick ratio of 2.09.

Ciena (NYSE:CIEN) last issued its quarterly earnings data 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 company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.29 billion. Ciena had a net margin of 2.59% and a return on equity of 8.38%. The company’s revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 earnings per share. As a group, sell-side analysts predict that Ciena Corporation will post 1.6 earnings per share for the current fiscal year.

Insider Activity at Ciena

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CIEN shares. Rosenblatt Securities increased their target price on Ciena from $175.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Bank of America raised their price objective on shares of Ciena from $200.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Stifel Nicolaus set a $270.00 target price on shares of Ciena in a research note on Thursday, December 11th. Needham & Company LLC increased their target price on Ciena to $280.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, BNP Paribas set a $185.00 price objective on shares of Ciena and gave the stock an “outperform” rating in a report on Monday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $237.50.

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.