Ciena (NYSE:CIEN) SVP Sells $2,741,522.78 in Stock

Ciena Corporation (NYSE:CIEN) SVP Joseph Cumello sold 11,929 shares of Ciena stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $229.82, for a total value of $2,741,522.78. Following the transaction, the senior vice president owned 49,475 shares of the company’s stock, valued at approximately $11,370,344.50. This 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 this link.

Ciena Trading Up 2.2%

Ciena stock opened at $243.74 on Friday. The firm has a market cap of $34.33 billion, a PE ratio of 286.76, a P/E/G ratio of 1.33 and a beta of 1.13. Ciena Corporation has a 12 month low of $49.21 and a 12 month high of $261.13. The stock’s 50 day simple moving average is $217.08 and its two-hundred day simple moving average is $154.68. The company has a current ratio of 2.73, a quick ratio of 2.09 and a debt-to-equity ratio of 0.56.

Ciena (NYSE:CIEN) last posted its 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 analysts’ expectations of $1.29 billion. During the same period in the previous year, the business posted $0.54 EPS. The business’s revenue was up 20.1% compared to the same quarter last year. Analysts anticipate that Ciena Corporation will post 1.6 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on CIEN. Barclays upped their price target on Ciena from $138.00 to $279.00 and gave the stock an “overweight” rating in a 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. BNP Paribas set a $185.00 target price on Ciena and gave the company an “outperform” rating in a research report on Monday, October 13th. Morgan Stanley set a $213.00 price target on shares of Ciena in a report on Wednesday, December 17th. Finally, Citigroup upped their price objective on shares of Ciena to $280.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $237.50.

More Ciena News

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: AI/datacenter demand — Multiple pieces highlight Ciena’s role in the AI infrastructure buildout (optical networking and “Optical AI” positioning), which supports higher revenue/margin expectations for 2026 and investor enthusiasm. Ciena: A Stock To Benefit From AI Infrastructure Buildout
• Positive Sentiment: Competitive positioning — Ciena’s CSO pushed back against peers (Nokia, Cisco), signaling confidence in product differentiation and wins in optical networking markets. That competitive narrative supports upside versus large incumbents. Ciena CSO confident against competitors Nokia, Cisco
• Positive Sentiment: Analyst/quant momentum — Recent analyst upgrades and inclusion on growth/strong‑buy lists (Zacks Rank #1 and Zacks’ growth stock roundups) are attracting flows and supporting sentiment. 5 Growth Stocks to Buy in January for a Stronger Portfolio
• Neutral Sentiment: Investor / industry coverage — Long-form coverage and fund letters are upbeat on Ciena’s AI positioning but mainly reiterate the narrative rather than adding new catalysts; useful for conviction but not an immediate new driver. Ciena Has Emerged as a High-Growth, Key Infrastructure Winner
• Neutral Sentiment: Conference/transcript color — Needham Growth presentation and other transcripts provide incremental detail on wins/guidance but contain no new headline surprises; they help validate management commentary. Ciena Presents at 28th Annual Needham Growth Conference Transcript
• Negative Sentiment: Insider selling — Two disclosed sales (SVP Joseph Cumello and Director Patrick Gallagher) involved sizable blocks (~11.9k and ~11.6k shares), which some investors view as a cautionary signal despite the company’s upbeat outlook. Joseph Cumello Sells 11,929 Shares of Ciena
• Negative Sentiment: Additional insider disclosure — The director sale was also filed publicly; clustered insider selling can weigh on sentiment even when company fundamentals are strong. Insider Selling: Ciena Director Sells 11,618 Shares
• Negative Sentiment: Valuation / earnings-focus — Some commentary calls out near-term valuation and a multi-year earnings trend that could draw investor scrutiny if growth slows, a potential headwind to further multiple expansion. Pulling back 3.1% this week, Ciena’s three-year decline in earnings may be coming into investors focus

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Three Seasons Wealth LLC acquired a new stake in Ciena during the 4th quarter worth $991,000. Nisa Investment Advisors LLC lifted its stake in shares of Ciena by 101.9% in the fourth quarter. Nisa Investment Advisors LLC now owns 13,073 shares of the communications equipment provider’s stock worth $3,057,000 after buying an additional 6,598 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of Ciena in the fourth quarter worth about $795,000. Pallas Capital Advisors LLC boosted its position in Ciena by 1.5% during the fourth quarter. Pallas Capital Advisors LLC now owns 8,164 shares of the communications equipment provider’s stock worth $1,909,000 after acquiring an additional 118 shares during the last quarter. Finally, Wolff Wiese Magana LLC purchased a new stake in Ciena during the 4th quarter valued at about $47,000. 91.99% of the stock is owned by institutional investors and hedge funds.

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.