Natixis Advisors LLC Has $18.86 Million Stake in Ciena Corporation $CIEN

Natixis Advisors LLC trimmed its holdings in shares of Ciena Corporation (NYSE:CIEN) by 57.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,633 shares of the communications equipment provider’s stock after selling 108,991 shares during the period. Natixis Advisors LLC’s holdings in Ciena were worth $18,858,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CIEN. Elyxium Wealth LLC acquired a new stake in shares of Ciena in the 4th quarter valued at $2,747,810,000. Lone Pine Capital LLC acquired a new stake in shares of Ciena in the 3rd quarter valued at $292,310,000. Atreides Management LP acquired a new stake in shares of Ciena in the 2nd quarter valued at $102,705,000. JPMorgan Chase & Co. increased its stake in shares of Ciena by 23.3% in 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 buying an additional 1,219,787 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Ciena by 2,174.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,143,855 shares of the communications equipment provider’s stock valued at $166,625,000 after buying an additional 1,093,557 shares during the period. 91.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Northland Securities set a $450.00 target price on Ciena in a research note on Friday. UBS Group lifted their target price on Ciena from $285.00 to $508.00 and gave the company a “neutral” rating in a research note on Friday. Evercore set a $330.00 target price on Ciena in a research note on Thursday, February 19th. B. Riley Financial lifted their target price on Ciena from $283.00 to $531.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Rothschild & Co Redburn assumed coverage on Ciena in a research note on Friday, May 1st. They issued a “neutral” rating and a $416.00 target price for the company. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Ciena currently has an average rating of “Moderate Buy” and a consensus target price of $530.56.

Ciena Stock Down 8.7%

Shares of Ciena stock opened at $489.24 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.73 and a debt-to-equity ratio of 0.53. Ciena Corporation has a 12 month low of $70.85 and a 12 month high of $637.51. The business has a fifty day simple moving average of $516.11 and a 200 day simple moving average of $354.57. The stock has a market cap of $69.18 billion, a PE ratio of 163.08 and a beta of 1.24.

Ciena (NYSE:CIEN) last announced its quarterly earnings data on Thursday, June 4th. The communications equipment provider reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.18. Ciena had a return on equity of 18.15% and a net margin of 7.87%.The business had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the previous year, the firm earned $0.42 earnings per share. The firm’s quarterly revenue was up 39.5% compared to the same quarter last year. Research analysts predict that Ciena Corporation will post 5.14 EPS for the current year.

More Ciena News

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Ciena reported Q2 EPS of $1.64 and revenue of $1.57 billion, both above estimates, with revenue up 39.5% year over year as AI-driven networking demand continued to accelerate.
• Positive Sentiment: The company raised its fiscal 2026 revenue outlook to about $6.3 billion and lifted its Q3 revenue guidance, signaling confidence in continued demand and visibility.
• Positive Sentiment: Analysts responded bullishly, with Rosenblatt Securities raising its price target sharply to $720 from $350 and maintaining a buy rating, suggesting substantial upside from current levels. Article Title
• Neutral Sentiment: Management highlighted a $7.7 billion backlog and said supply constraints are being turned into an opportunity, which supports the long-term growth narrative but does not directly explain the near-term stock weakness. Article Title
• Negative Sentiment: Shares sold off because investors were expecting an even larger beat-and-raise result, and some reports noted that orders missed very high expectations, pressuring sentiment in the near term.
• Negative Sentiment: One analyst downgrade from Zacks Research to hold added to the cautious tone, reinforcing the market’s concern that expectations had become too elevated heading into earnings.

Insider Buying and Selling

In related news, CEO Gary B. Smith sold 2,952 shares of Ciena stock in a transaction on Monday, June 1st. The stock was sold at an average price of $565.92, for a total transaction of $1,670,595.84. Following the completion of the sale, the chief executive officer directly owned 269,557 shares of the company’s stock, valued at $152,547,697.44. The trade was a 1.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Brodie Gage sold 1,200 shares of Ciena stock in a transaction on Friday, May 15th. The stock was sold at an average price of $570.65, for a total value of $684,780.00. Following the sale, the senior vice president directly owned 43,941 shares of the company’s stock, valued at approximately $25,074,931.65. This trade represents a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,174 shares of company stock valued at $19,502,359 over the last three months. Company insiders own 0.58% of the company’s stock.

Ciena 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.