Rep. Lisa C. McClain Buys Ciena Corporation (NYSE:CIEN) Stock

Representative Lisa C. McClain (R-Michigan) recently bought shares of Ciena Corporation (NYSE:CIEN). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Ciena stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
  • Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Ciena Price Performance

Shares of CIEN traded up $5.27 during midday trading on Friday, hitting $205.56. The company’s stock had a trading volume of 1,262,325 shares, compared to its average volume of 2,482,827. The company has a quick ratio of 2.52, a current ratio of 3.28 and a debt-to-equity ratio of 0.55. Ciena Corporation has a one year low of $49.21 and a one year high of $214.17. The stock has a market capitalization of $28.99 billion, a price-to-earnings ratio of 211.91, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17. The company’s fifty day simple moving average is $173.86 and its two-hundred day simple moving average is $118.60.

Ciena (NYSE:CIENGet Free Report) last released its earnings results on Thursday, April 6th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter. Ciena had a return on equity of 6.62% and a net margin of 3.10%.The firm had revenue of $844.44 million for the quarter. As a group, equities analysts expect that Ciena Corporation will post 1.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CIEN shares. Rosenblatt Securities raised Ciena from a “neutral” rating to a “buy” rating and raised their price objective for the company from $127.50 to $175.00 in a report on Friday, September 26th. B. Riley reissued a “neutral” rating and issued a $113.00 price objective (up from $90.00) on shares of Ciena in a research note on Friday, September 5th. Morgan Stanley upgraded Ciena from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $100.00 to $140.00 in a report on Friday, October 10th. Bank of America upped their price objective on Ciena from $135.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Zacks Research downgraded Ciena from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $153.20.

View Our Latest Analysis on CIEN

Insiders Place Their Bets

In related news, SVP Joseph Cumello sold 1,863 shares of Ciena stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $141.14, for a total transaction of $262,943.82. Following the sale, the senior vice president owned 43,531 shares of the company’s stock, valued at approximately $6,143,965.34. This trade represents a 4.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Brodie Gage sold 350 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $169.36, for a total value of $59,276.00. Following the completion of the transaction, the senior vice president owned 40,653 shares of the company’s stock, valued at $6,884,992.08. The trade was a 0.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 51,935 shares of company stock valued at $8,029,442 in the last ninety days. Insiders own 0.93% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CIEN. Vanguard Group Inc. raised its stake in Ciena by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 15,088,445 shares of the communications equipment provider’s stock worth $1,227,143,000 after acquiring an additional 103,199 shares during the period. JPMorgan Chase & Co. raised its position in shares of Ciena by 23.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,462,840 shares of the communications equipment provider’s stock valued at $941,451,000 after purchasing an additional 1,219,787 shares during the period. Bank of America Corp DE lifted its stake in shares of Ciena by 10.4% during the 2nd quarter. Bank of America Corp DE now owns 3,495,795 shares of the communications equipment provider’s stock valued at $284,313,000 after buying an additional 329,821 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in Ciena by 35.0% in the 2nd quarter. William Blair Investment Management LLC now owns 2,708,540 shares of the communications equipment provider’s stock worth $220,286,000 after buying an additional 702,909 shares during the period. Finally, Lone Pine Capital LLC purchased a new stake in Ciena in the 3rd quarter worth $292,310,000. Hedge funds and other institutional investors own 91.99% of the company’s stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Ciena Company Profile

(Get Free Report)

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services.

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