Yeomans Consulting Group Inc. Takes Position in Ciena Corporation $CIEN

Yeomans Consulting Group Inc. acquired a new position in shares of Ciena Corporation (NYSE:CIEN) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,943 shares of the communications equipment provider’s stock, valued at approximately $454,000.

A number of other hedge funds also recently added to or reduced their stakes in CIEN. Assetmark Inc. grew its position in shares of Ciena by 50.4% during the third quarter. Assetmark Inc. now owns 200 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 67 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of Ciena by 11.1% in the third quarter. Global Retirement Partners LLC now owns 698 shares of the communications equipment provider’s stock valued at $102,000 after purchasing an additional 70 shares during the period. Coldstream Capital Management Inc. increased its stake in shares of Ciena by 1.7% in the third quarter. Coldstream Capital Management Inc. now owns 4,772 shares of the communications equipment provider’s stock valued at $695,000 after purchasing an additional 79 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of Ciena by 1.3% during the third quarter. Nisa Investment Advisors LLC now owns 6,475 shares of the communications equipment provider’s stock valued at $943,000 after buying an additional 80 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Ciena by 2.3% during the third quarter. GAMMA Investing LLC now owns 4,071 shares of the communications equipment provider’s stock worth $593,000 after buying an additional 92 shares during the period. 91.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Evercore set a $330.00 price objective on Ciena in a report on Thursday, February 19th. Northland Securities set a $190.00 price target on Ciena and gave the stock a “market perform” rating in a research report on Friday, December 12th. Morgan Stanley raised their price target on Ciena from $280.00 to $286.00 and gave the company an “equal weight” rating in a report on Thursday, March 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ciena in a report on Wednesday, January 21st. Finally, Bank of America raised shares of Ciena from a “neutral” rating to a “buy” rating and raised their target price for the company from $260.00 to $355.00 in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $320.65.

Ciena Price Performance

NYSE:CIEN opened at $384.29 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.81 and a debt-to-equity ratio of 0.55. The business’s 50-day moving average price is $298.77 and its 200 day moving average price is $223.64. Ciena Corporation has a 52-week low of $49.21 and a 52-week high of $419.80. The firm has a market cap of $54.34 billion, a P/E ratio of 244.77, a PEG ratio of 1.58 and a beta of 1.08.

Ciena (NYSE:CIEN) last announced its quarterly earnings data on Thursday, March 5th. The communications equipment provider reported $1.35 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the business earned $0.64 EPS. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. As a group, sell-side analysts predict that Ciena Corporation will post 1.6 earnings per share for the current fiscal year.

Insider Activity at Ciena

In related news, CEO Gary B. Smith sold 2,952 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $359.53, for a total transaction of $1,061,332.56. Following the completion of the sale, the chief executive officer directly owned 293,084 shares in the company, valued at approximately $105,372,490.52. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Joseph Cumello sold 11,929 shares of Ciena stock in a transaction 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 sale, the senior vice president directly owned 49,475 shares of the company’s stock, valued at approximately $11,370,344.50. The trade was a 19.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 150,083 shares of company stock worth $35,960,019. Corporate insiders own 0.58% of the company’s stock.

Key Headlines Impacting Ciena

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Record subsea demo with Meta validates Ciena’s optical leadership and supports long‑term revenue opportunities from hyperscalers and subsea operators. Ciena and Meta claim record-breaking subsea transmission speed
• Positive Sentiment: Commercial win: TIME dotCom is deploying a 1 Tb/s Pacific route using Ciena gear — a conversion of lab/PR wins into paying customer revenue. TIME dotCom offers 1 Tb/s data transmission across the Pacific with Ciena
• Positive Sentiment: Service‑provider revenue and order momentum tied to MOFN demand underpin the company’s growth narrative and help justify analyst upgrades and higher price targets. Ciena’s Service Provider Revenues Rise on MOFN Tailwinds
• Neutral Sentiment: Analyst coverage has been upgraded and targets raised recently (UBS, Needham, BofA among others), which supports a constructive medium‑term view but also concentrates expectations into the stock price. CIEN price & analyst coverage
• Neutral Sentiment: Industry visibility from conferences (OFC) and media pieces boosts awareness but is informational rather than an immediate revenue driver. Ciena Presents at OFC 2026
• Negative Sentiment: Macro/market selloff: rising rates and a tech‑led pullback (Nasdaq weakness, large cap tech volatility) pushed momentum names lower today and amplified profit‑taking after CIEN’s recent run. Stock market today: Nasdaq feels pain as rates surge; Super Micro craters, Ciena touches a high (live coverage)
• Negative Sentiment: Insider selling: CEO Gary Smith disclosed a ~2,952‑share sale (~$1.06M). Small relative to his holdings but can stoke short‑term caution among some investors. SEC filing: CEO stock sale

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.