Mitsubishi UFJ Trust & Banking Corp Reduces Position in Ciena Corporation $CIEN

Mitsubishi UFJ Trust & Banking Corp decreased its position in shares of Ciena Corporation (NYSE:CIEN) by 30.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,690 shares of the communications equipment provider’s stock after selling 6,505 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Ciena were worth $2,140,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Global Retirement Partners LLC increased its holdings in shares of Ciena by 11.1% in the 3rd quarter. Global Retirement Partners LLC now owns 698 shares of the communications equipment provider’s stock valued at $102,000 after acquiring an additional 70 shares during the period. Nisa Investment Advisors LLC grew its position in Ciena by 1.3% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,475 shares of the communications equipment provider’s stock worth $943,000 after purchasing an additional 80 shares during the last quarter. GAMMA Investing LLC increased its stake in Ciena by 2.3% in the third quarter. GAMMA Investing LLC now owns 4,071 shares of the communications equipment provider’s stock valued at $593,000 after purchasing an additional 92 shares during the period. Fifth Third Wealth Advisors LLC raised its holdings in shares of Ciena by 2.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,889 shares of the communications equipment provider’s stock valued at $712,000 after buying an additional 112 shares during the last quarter. Finally, Nwam LLC raised its holdings in shares of Ciena by 4.7% in the third quarter. Nwam LLC now owns 2,505 shares of the communications equipment provider’s stock valued at $404,000 after buying an additional 113 shares during the last quarter. 91.99% of the stock is owned by institutional investors and hedge funds.

Ciena News Roundup

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: TPN selected Ciena to upgrade subsea connectivity across the Asia‑Pacific region — a win that expands Ciena’s footprint in high‑growth international submarine capacity and complements its AI‑ready optical roadmap. TPN picks Ciena to boost subsea connectivity in APAC
• Positive Sentiment: Report: Ciena rose to a 52‑week high, reflecting investor enthusiasm after recent contract announcements and stronger near‑term guidance/end‑market visibility. Ciena stock hits 52-week high at 262.02 USD
• Positive Sentiment: Analysis: Ciena’s shares jumped after new “AI‑ready” optical deals in Europe and APAC; coverage highlights that these contracts are driving the recent double‑digit move and improving outlook for wavelength and edge connectivity demand. Why Ciena (CIEN) Is Up 10.2% After New AI-Ready Optical Deals In Europe And Asia-Pacific
• Positive Sentiment: Telekom Srbija and Mtel deployed Ciena optical tech to improve cross‑border connectivity, a direct commercial proof point in service provider networks that supports recurring revenue and regional expansion. Telekom Srbija and Mtel Deploy Ciena Optical Technology to Improve Cross-Border Connectivity
• Positive Sentiment: Technical/short‑term: A Benzinga piece notes a “power inflow” trading signal around $248.84 that preceded a >2% intraday rise — this can attract momentum traders and amplify near‑term buying. Ciena Shares Rise Over 2% To Intraday High After Key Trading Signal
• Positive Sentiment: Zacks upgraded Ciena into its Rank #1 (Strong Buy) growth list and published favorable comparisons versus Nokia, citing Ciena’s optical technology lead and raised 2026 revenue outlook — analyst positioning that can support multiple expansion. Best Growth Stocks to Buy for January 30th Ciena vs. Nokia: Which Optical Networking Stock is the Better Buy?
• Neutral Sentiment: Industry context: Zacks and other outlets highlight broader demand drivers (fiber densification, 5G, cloud/on‑ramps) that favor Ciena long term, but these are secular positives rather than immediate catalysts. 3 Communication Stocks Likely to Ride on Inherent Industry Strength
• Neutral Sentiment: Media roundup: Ciena is being mentioned alongside peers (e.g., Corning) as the sector gains attention; helpful for visibility but less impactful than direct contract wins or analyst upgrades. After Corning breaks out, this fiber optics peer lights up. Both shine on this elite screen.

Analysts Set New Price Targets

Several brokerages recently issued reports on CIEN. Northland Securities set a $190.00 price target on Ciena and gave the company a “market perform” rating in a research report on Friday, December 12th. Wall Street Zen downgraded Ciena from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 21st. Barclays upped their price target on Ciena from $138.00 to $279.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Argus increased their price target on Ciena from $135.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ciena from $215.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $241.67.

Insider Activity at Ciena

In other news, SVP Joseph Cumello sold 11,929 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $229.82, for a total value of $2,741,522.78. Following the completion of the transaction, the senior vice president owned 49,475 shares in the company, valued at $11,370,344.50. This trade represents a 19.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Gary B. Smith sold 2,993 shares of Ciena stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $247.65, for a total value of $741,216.45. Following the transaction, the chief executive officer directly owned 304,892 shares of the company’s stock, valued at $75,506,503.80. This trade represents a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 167,890 shares of company stock valued at $38,277,035 in the last 90 days. 0.93% of the stock is owned by corporate insiders.

Ciena Trading Down 0.7%

Shares of CIEN opened at $251.72 on Friday. Ciena Corporation has a twelve month low of $49.21 and a twelve month high of $269.90. The company has a current ratio of 2.73, a quick ratio of 2.09 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $35.46 billion, a P/E ratio of 296.14, a PEG ratio of 1.42 and a beta of 1.13. The firm’s 50-day moving average is $227.66 and its two-hundred day moving average is $167.05.

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

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.