WINTON GROUP Ltd Buys Shares of 30,240 Ciena Corporation $CIEN

WINTON GROUP Ltd bought a new stake in Ciena Corporation (NYSE:CIEN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,240 shares of the communications equipment provider’s stock, valued at approximately $14,835,000.

Several other institutional investors also recently modified their holdings of CIEN. Transamerica Financial Advisors LLC lifted its holdings in Ciena by 71.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 106 shares of the communications equipment provider’s stock valued at $25,000 after buying an additional 44 shares during the period. Markowski Investments acquired a new stake in Ciena during the 2nd quarter worth $28,000. Asset Dedication LLC grew its holdings in Ciena by 2,100.0% during the 1st quarter. Asset Dedication LLC now owns 88 shares of the communications equipment provider’s stock worth $34,000 after acquiring an additional 84 shares during the period. Carolina Wealth Advisors LLC raised its position in shares of Ciena by 57.8% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 71 shares of the communications equipment provider’s stock valued at $35,000 after acquiring an additional 26 shares during the last quarter. Finally, Truvestments Capital LLC raised its position in shares of Ciena by 45.3% during the 4th quarter. Truvestments Capital LLC now owns 154 shares of the communications equipment provider’s stock valued at $36,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 91.99% of the company’s stock.

Wall Street Analyst Weigh In

CIEN has been the topic of several recent research reports. Raymond James Financial restated an “outperform” rating and issued a $600.00 price target on shares of Ciena in a research report on Thursday, September 3rd. TD Cowen cut their target price on Ciena from $575.00 to $400.00 and set a “buy” rating on the stock in a research note on Friday, September 4th. UBS Group reduced their target price on Ciena from $508.00 to $394.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Citigroup restated a “buy” rating on shares of Ciena in a report on Friday, September 4th. Finally, Zacks Research cut Ciena from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Thirteen research analysts have rated the stock with a Buy rating and seven have given 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 $480.95.

More Ciena News

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Northland Securities maintained an “Outperform” rating and a $500 price target, forecasting quarterly EPS of $2.15 in Q1 2027, $2.49 in Q2, $2.93 in Q3 and $3.41 in Q4. The estimates imply significant earnings growth and provide an optimistic counterpoint to recent weakness. MarketBeat Ciena analyst estimates
• Positive Sentiment: A Zacks analysis identified Ciena’s growth characteristics as potentially capable of producing exceptional returns, supporting the bullish case for investors seeking exposure to communications infrastructure and AI-related networking demand. Zacks growth-stock analysis
• Positive Sentiment: Ciena and Telstra reported a record 1.6-terabit-per-second transmission over 1,100 kilometers, highlighting the company’s optical technology and its ability to support high-capacity telecom networks. Ciena optics are also being deployed in high-capacity networks for Telstra and Spark in the Asia-Pacific region. Telstra and Ciena transmission announcement
• Neutral Sentiment: Citi reportedly believes Ciena shares could more than double, reinforcing the upside narrative, although the article provides limited detail on the assumptions behind that view. Citi Ciena price-target article
• Negative Sentiment: Recent commentary points to a roughly 14%–17% monthly decline. Supply limitations are restricting growth, while margin concerns have weighed on the shares even after Ciena exceeded quarterly earnings expectations and reported record margins. At a high valuation, investors may be demanding continued upside surprises. Zacks Ciena stock analysis

Insider Activity

In other Ciena news, SVP Joseph Cumello sold 1,586 shares of Ciena stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $466.33, for a total value of $739,599.38. Following the transaction, the senior vice president owned 42,872 shares of the company’s stock, valued at approximately $19,992,499.76. The trade was a 3.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marc Graff sold 4,995 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $430.72, for a total transaction of $2,151,446.40. Following the completion of the transaction, the chief financial officer owned 107,519 shares of the company’s stock, valued at $46,310,583.68. This trade represents a 4.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 25,422 shares of company stock worth $11,038,802. Corporate insiders own 0.58% of the company’s stock.

Ciena Stock Performance

CIEN stock opened at $337.76 on Thursday. Ciena Corporation has a 1-year low of $123.65 and a 1-year high of $637.51. The company has a current ratio of 3.80, a quick ratio of 3.17 and a debt-to-equity ratio of 1.06. The firm has a market cap of $47.90 billion, a PE ratio of 75.39 and a beta of 1.30. The business’s 50-day moving average price is $395.02 and its two-hundred day moving average price is $438.74.

Ciena (NYSE:CIEN) last released its quarterly earnings results on Thursday, September 3rd. The communications equipment provider reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.38. Ciena had a return on equity of 25.33% and a net margin of 10.87%.The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the firm posted $0.35 earnings per share. Ciena’s revenue was up 37.0% compared to the same quarter last year. As a group, research analysts forecast that Ciena Corporation will post 5.43 earnings per share for the current year.

Ciena Profile

Ciena Corporation (NYSE: CIEN) is a networking technology company that provides hardware, software and services for communications networks. Its solutions help service providers, cloud companies, enterprises and government organizations build, manage and automate high-capacity networks that support broadband, cloud computing, data center interconnection and other digital services.

The company’s product portfolio includes optical networking systems, coherent optical technology, routers, switches, network control and automation software, and network management tools.