Ciena Corporation $CIEN Shares Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lifted its holdings in shares of Ciena Corporation (NYSE:CIEN) by 151.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,197 shares of the communications equipment provider’s stock after purchasing an additional 4,333 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Ciena were worth $1,048,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Ciena in the first quarter valued at approximately $395,000. Jones Financial Companies Lllp raised its position in Ciena by 139.6% in the first quarter. Jones Financial Companies Lllp now owns 5,253 shares of the communications equipment provider’s stock worth $317,000 after acquiring an additional 3,061 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Ciena by 1.4% in the first quarter. Goldman Sachs Group Inc. now owns 222,054 shares of the communications equipment provider’s stock valued at $13,419,000 after acquiring an additional 3,117 shares during the period. Focus Partners Wealth lifted its holdings in Ciena by 14.6% in the first quarter. Focus Partners Wealth now owns 5,762 shares of the communications equipment provider’s stock valued at $348,000 after acquiring an additional 733 shares during the period. Finally, Savant Capital LLC boosted its position in shares of Ciena by 2.6% during the 2nd quarter. Savant Capital LLC now owns 35,775 shares of the communications equipment provider’s stock worth $2,910,000 after purchasing an additional 912 shares in the last quarter. 91.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ciena

In other news, CEO Gary B. Smith sold 83,552 shares of the stock in a transaction dated 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 in the company, valued at $70,641,134.40. This represents a 21.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Patrick Gallagher sold 11,618 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $227.45, for a total transaction of $2,642,514.10. Following the completion of the sale, the director directly owned 50,184 shares in the company, valued at $11,414,350.80. This represents a 18.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 156,235 shares of company stock worth $36,941,890. Corporate insiders own 0.58% of the company’s stock.

Ciena News Roundup

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Q1 beat and raised FY guidance — Ciena reported record quarterly revenue ($1.43B) and beat EPS estimates; management raised FY2026 revenue guidance to $5.9B–$6.3B and Q2 revenue to $1.5B–$1.6B, underpinning the case for continued AI/cloud-driven demand. Ciena posts record $1.43B quarter
• Positive Sentiment: Analyst upgrades and price-target increases — Several firms (Bank of America, Citi, Barclays, Needham and others) raised ratings/targets and explicitly cited cloud and hyperscaler data-center spending as a multi-year revenue tailwind, which helped stabilize and lift the stock after the initial sell-off. BofA upgrades Ciena
• Positive Sentiment: Analysts revise forecasts upward — Following the upbeat Q1, multiple shop forecasts and models were raised, increasing near-term earnings and revenue expectations and giving investors fresh conviction for CIEN’s AI/optical-infrastructure exposure. Analysts increase forecasts on Ciena
• Neutral Sentiment: Backlog and demand drivers — Company cited a record backlog (~$7B) and rising AI/cloud networking demand; these are medium‑to‑longer-term positives but execution and lead times will determine short-term revenue recognition. Zacks: Q1 beats and backlog
• Neutral Sentiment: Supply-chain / component constraints — Management said component availability constrained some revenue pacing; that limits upside in the near term even as demand is healthy. SDxCentral: component crunch
• Negative Sentiment: Profit-taking and guidance disappointment — Despite the beat, investors punished the stock because expectations had run ahead of fundamentals; some saw the guidance as conservative relative to the prior rally, triggering a sharp post-earnings sell-off. Barchart: sell-off after earnings
• Negative Sentiment: Insider sale — CEO sold a small block of shares (disclosed SEC filing), which some investors view as a minor negative signal. SEC filing: insider sale

Analysts Set New Price Targets

A number of research firms have recently weighed in on CIEN. Bank of America raised shares of Ciena from a “neutral” rating to a “buy” rating and upped their price target for the stock from $260.00 to $355.00 in a research note on Friday. Wolfe Research reiterated an “outperform” rating and issued a $375.00 price objective on shares of Ciena in a research note on Thursday. Argus boosted their price objective on shares of Ciena from $135.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Weiss Ratings restated a “hold (c)” rating on shares of Ciena in a research report on Wednesday, January 21st. Finally, Northland Securities set a $190.00 target price on shares of Ciena and gave the company a “market perform” rating in a report on Friday, December 12th. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $314.13.

Ciena Price Performance

Shares of NYSE:CIEN opened at $293.42 on Friday. The company has a market cap of $41.51 billion, a P/E ratio of 186.89, a P/E/G ratio of 1.66 and a beta of 1.08. The business has a fifty day simple moving average of $274.80 and a 200-day simple moving average of $205.06. Ciena Corporation has a 52 week low of $49.21 and a 52 week high of $365.90. The company has a quick ratio of 2.09, a current ratio of 2.81 and a debt-to-equity ratio of 0.55.

Ciena (NYSE:CIEN) last released its earnings results on Thursday, March 5th. The communications equipment provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.18. Ciena had a return on equity of 12.09% and a net margin of 4.47%.The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the business posted $0.64 earnings per share. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. Equities research analysts forecast 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.