Ciena (NYSE:CIEN) SVP Sells $284,545.28 in Stock

Ciena Corporation (NYSE:CIEN) SVP Jason Phipps sold 1,984 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $143.42, for a total value of $284,545.28. Following the completion of the transaction, the senior vice president directly owned 80,244 shares of the company’s stock, valued at $11,508,594.48. This represents a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ciena Trading Up 9.4%

CIEN opened at $230.42 on Friday. Ciena Corporation has a fifty-two week low of $49.21 and a fifty-two week high of $248.00. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.73 and a quick ratio of 2.09. The firm has a market capitalization of $32.45 billion, a price-to-earnings ratio of 271.09, a PEG ratio of 1.34 and a beta of 1.17. The company’s 50 day moving average price is $194.17 and its two-hundred day moving average price is $133.46.

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

Analysts Set New Price Targets

CIEN has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Ciena in a research report on Wednesday, October 8th. Morgan Stanley set a $213.00 price target on shares of Ciena in a research report on Wednesday. Rosenblatt Securities increased their price objective on shares of Ciena from $175.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Bank of America lifted their target price on shares of Ciena from $200.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, JPMorgan Chase & Co. upped their price target on shares of Ciena from $215.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $237.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Community Bank N.A. acquired a new stake in Ciena in the third quarter worth $25,000. Mather Group LLC. bought a new stake in Ciena in the 3rd quarter valued at about $28,000. Assetmark Inc. raised its stake in Ciena by 50.4% during the 3rd quarter. Assetmark Inc. now owns 200 shares of the communications equipment provider’s stock worth $29,000 after buying an additional 67 shares during the period. Ameritas Advisory Services LLC boosted its holdings in Ciena by 104.0% in the third quarter. Ameritas Advisory Services LLC now owns 204 shares of the communications equipment provider’s stock worth $30,000 after acquiring an additional 104 shares in the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in Ciena in the third quarter valued at approximately $31,000. 91.99% of the stock is owned by institutional investors.

More Ciena News

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: AI/data‑center demand — Technical writeups highlight that AI‑ready data centers are increasingly dependent on coherent optics for high‑bandwidth links, a direct end‑market tailwind for Ciena’s optical transport products. Why the expansion of AI-ready data center networks depends increasingly on coherent optics
• Positive Sentiment: Analyst momentum & earnings beat — Wall‑street research notes and coverage summaries point to upgraded price targets and “buy/overweight” calls after Ciena’s recent quarter (beat on revenue and EPS) and upbeat guidance; big firms (Barclays, JPMorgan, Needham, BofA among others) lifted targets, supporting the rally. Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
• Positive Sentiment: Institutional buying — Filings show large new and expanded positions from hedge funds and institutions (Lone Pine, JPMorgan additions, Arrowstreet, etc.), signalling conviction from allocators and supporting upward price pressure. Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
• Neutral Sentiment: Bullish commentaries — Several independent bull‑case pieces summarize reasons to own CIEN (market position in optical, recurring software/services revenue). Useful for background but are opinion‑driven. Ciena Corporation (CIEN): A Bull Case Theory
• Neutral Sentiment: Options/promotional pieces — A Zacks options strategy article touts a possible 30% spread return tied to CIEN moves; this is a trade idea rather than company fundamentals and can amplify short‑term volume but doesn’t change fundamentals. Weekly Option Windfall: AI Communications Giant Flexes 30% Profit Potential
• Negative Sentiment: Insider sales — Multiple disclosures show senior insiders selling shares recently (Director Thomas Nevens sold ~8,554 shares; SVP Jason Phipps sold ~1,984 shares). While sales can be routine diversification, such filings can temper sentiment when they coincide with a rally. Ciena (NYSE:CIEN) Director Thomas Michael Nevens Sells 8,554 Shares
• Negative Sentiment: Smaller insider sale (SVP) — Additional filing: SVP Jason Phipps sold 1,984 shares (disclosed), another datapoint investors watch for insider conviction. Insider Selling: Ciena (NYSE:CIEN) SVP Sells 1,984 Shares of Stock

About Ciena

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.