Ciena Corporation $CIEN Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lowered its stake in Ciena Corporation (NYSE:CIEN) by 30.7% during the third quarter, Holdings Channel.com reports. The institutional investor 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 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CIEN. Mather Group LLC. acquired a new position in shares of Ciena in the third quarter worth $28,000. Salomon & Ludwin LLC purchased a new stake in Ciena during the 3rd quarter worth about $31,000. Quent Capital LLC purchased a new stake in Ciena during the 3rd quarter worth about $39,000. Root Financial Partners LLC acquired a new position in Ciena in the 3rd quarter valued at about $45,000. Finally, Allworth Financial LP lifted its holdings in Ciena by 107.5% in the 2nd quarter. Allworth Financial LP now owns 718 shares of the communications equipment provider’s stock valued at $58,000 after purchasing an additional 372 shares in the last quarter. Hedge funds and other institutional investors own 91.99% of the company’s stock.

Wall Street Analyst Weigh In

CIEN has been the subject of a number of recent research reports. Evercore ISI set a $240.00 price target on shares of Ciena in a report on Thursday, December 11th. Citigroup raised their target price on shares of Ciena to $280.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Needham & Company LLC boosted their price target on Ciena to $280.00 and gave the company a “buy” rating in a report on Thursday, December 11th. UBS Group raised their price objective on Ciena from $120.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Finally, Rosenblatt Securities upped their target price on Ciena from $175.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $241.67.

Ciena News Summary

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.

Insider Transactions at Ciena

In other Ciena news, SVP Jason Phipps sold 21,383 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $247.89, for a total value of $5,300,631.87. Following the transaction, the senior vice president directly owned 91,765 shares of the company’s stock, valued at $22,747,625.85. This trade represents a 18.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gary B. Smith sold 2,993 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $247.65, for a total value of $741,216.45. Following the completion of the sale, the chief executive officer directly owned 304,892 shares of the company’s stock, valued at $75,506,503.80. The trade was a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 167,890 shares of company stock worth $38,277,035 in the last quarter. 0.93% of the stock is owned by corporate insiders.

Ciena Trading Down 0.7%

NYSE CIEN opened at $251.72 on Friday. The firm has a market capitalization of $35.46 billion, a price-to-earnings ratio of 296.14, a PEG ratio of 1.42 and a beta of 1.13. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.09 and a current ratio of 2.73. Ciena Corporation has a one year low of $49.21 and a one year high of $269.90. The company’s 50 day moving average price is $227.66 and its 200 day moving average price is $167.05.

Ciena (NYSE:CIEN) last released its quarterly earnings data on Thursday, December 11th. The communications equipment provider reported $0.91 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the business earned $0.54 earnings per share. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. On average, sell-side analysts predict that Ciena Corporation will post 1.6 EPS for the current year.

Ciena Company 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.