Mosley Wealth Management Buys Shares of 7,510 Ciena Corporation $CIEN

Mosley Wealth Management bought a new stake in shares of Ciena Corporation (NYSE:CIEN) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,510 shares of the communications equipment provider’s stock, valued at approximately $1,756,000. Ciena comprises 0.8% of Mosley Wealth Management’s investment portfolio, making the stock its 28th biggest position.

Several other hedge funds have also bought and sold shares of CIEN. Jacobs Levy Equity Management Inc. bought a new stake in Ciena during the first quarter valued at approximately $395,000. Jones Financial Companies Lllp lifted its position in Ciena by 139.6% during the first quarter. Jones Financial Companies Lllp now owns 5,253 shares of the communications equipment provider’s stock valued at $317,000 after purchasing an additional 3,061 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Ciena by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 222,054 shares of the communications equipment provider’s stock worth $13,419,000 after acquiring an additional 3,117 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Ciena by 14.6% during the first quarter. Focus Partners Wealth now owns 5,762 shares of the communications equipment provider’s stock worth $348,000 after acquiring an additional 733 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new position in shares of Ciena during the second quarter worth approximately $234,000. 91.99% of the stock is currently owned by institutional investors.

Ciena Stock Up 2.1%

Shares of NYSE CIEN opened at $443.56 on Friday. The company has a quick ratio of 2.11, a current ratio of 2.73 and a debt-to-equity ratio of 0.53. Ciena Corporation has a 52 week low of $71.52 and a 52 week high of $637.51. The firm’s fifty day moving average is $520.89 and its 200 day moving average is $363.13. The company has a market cap of $62.79 billion, a price-to-earnings ratio of 147.85 and a beta of 1.24.

Ciena (NYSE:CIEN) last issued its earnings results on Thursday, June 4th. The communications equipment provider reported $1.64 EPS for the quarter, topping the consensus estimate of $1.46 by $0.18. Ciena had a net margin of 7.87% and a return on equity of 18.15%. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm earned $0.42 earnings per share. The firm’s revenue for the quarter was up 39.5% on a year-over-year basis. On average, equities research analysts expect that Ciena Corporation will post 5.41 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Jason Phipps sold 22,014 shares of Ciena stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $409.80, for a total value of $9,021,337.20. Following the transaction, the senior vice president directly owned 68 shares of the company’s stock, valued at $27,866.40. The trade was a 99.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Brodie Gage sold 5,000 shares of Ciena stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $405.00, for a total transaction of $2,025,000.00. Following the completion of the transaction, the senior vice president directly owned 46,341 shares in the company, valued at approximately $18,768,105. The trade was a 9.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,174 shares of company stock valued at $19,502,359 over the last three months. 0.58% of the stock is owned by company insiders.

Key Ciena News

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Northland Securities raised its earnings estimates for Ciena, lifting its Q3 2026 EPS view to $1.44, Q4 2026 EPS to $1.51, and FY2026 EPS to $5.39, which is above the broader consensus of $5.14. Northland raises Ciena estimates
• Positive Sentiment: Colt and Ciena announced a record quantum-safe transatlantic data transmission, highlighting demand for Ciena’s high-speed networking and encryption technology. Quantum-safe transatlantic transmission announcement
• Positive Sentiment: Commentary around Ciena’s strong free cash flow and AI-driven demand suggests the company has room to fund growth while still supporting shareholder returns. Zacks free cash flow article
• Neutral Sentiment: Ciena closed an upsized $2.875 billion offering of 0.00% convertible senior notes, a move that strengthens the balance sheet and funds strategic flexibility, but also introduces potential future dilution if converted. Convertible notes closing announcement
• Neutral Sentiment: Investor commentary continues to frame Ciena as a beneficiary of AI/networking spending, reinforcing a constructive long-term narrative for the stock. TipRanks article on capital structure
• Negative Sentiment: The large convertible debt offering may weigh on sentiment because investors could view it as a sign of future share dilution or a more complex capital structure, even if the financing is low-cost. Convertible notes closing announcement

Analyst Ratings Changes

Several research analysts have commented on the stock. Morgan Stanley lifted their price target on shares of Ciena from $405.00 to $490.00 and gave the stock an “equal weight” rating in a research note on Friday, June 5th. Raymond James Financial lifted their price target on shares of Ciena from $320.00 to $530.00 and gave the stock an “outperform” rating in a research note on Thursday, June 4th. Citigroup lifted their price target on shares of Ciena from $345.00 to $658.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Rothschild & Co Redburn assumed coverage on shares of Ciena in a research note on Friday, May 1st. They set a “neutral” rating and a $416.00 price target on the stock. Finally, Northland Securities set a $450.00 price target on shares of Ciena in a research note on Friday, June 5th. Thirteen 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, Ciena currently has an average rating of “Moderate Buy” and an average target price of $530.56.

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.