Wealth Enhancement Advisory Services LLC Has $187 Million Holdings in Ciena Corporation $CIEN

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of Ciena Corporation (NYSE:CIEN) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 734,365 shares of the communications equipment provider’s stock after selling 70,274 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.52% of Ciena worth $186,998,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Jacobs Levy Equity Management Inc. bought a new stake in shares of Ciena during the 1st quarter worth about $395,000. Jones Financial Companies Lllp lifted its holdings in Ciena by 139.6% in the 1st quarter. Jones Financial Companies Lllp now owns 5,253 shares of the communications equipment provider’s stock worth $317,000 after purchasing an additional 3,061 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in 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 purchasing an additional 3,117 shares during the period. Focus Partners Wealth grew its holdings in Ciena by 14.6% during the first quarter. Focus Partners Wealth now owns 5,762 shares of the communications equipment provider’s stock valued at $348,000 after purchasing an additional 733 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of Ciena by 107.5% in the second quarter. Allworth Financial LP now owns 718 shares of the communications equipment provider’s stock valued at $58,000 after purchasing an additional 372 shares during the period. 91.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CIEN. Barclays boosted their price objective on shares of Ciena from $279.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Argus boosted their target price on shares of Ciena from $135.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. UBS Group upped their price target on shares of Ciena from $230.00 to $285.00 and gave the company a “neutral” rating in a report on Friday, March 6th. Needham & Company LLC raised their price target on Ciena from $280.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Wall Street Zen cut Ciena from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 21st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Ciena currently has an average rating of “Moderate Buy” and an average target price of $320.65.

Ciena Price Performance

NYSE:CIEN opened at $384.29 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.81 and a quick ratio of 2.14. Ciena Corporation has a one year low of $49.21 and a one year high of $419.80. The company has a fifty day moving average price of $298.77 and a 200 day moving average price of $224.55. The stock has a market cap of $54.34 billion, a P/E ratio of 244.77, a PEG ratio of 1.47 and a beta of 1.08.

Ciena (NYSE:CIEN) last posted 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. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.40 billion. Ciena had a net margin of 4.47% and a return on equity of 12.09%. The business’s revenue was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 EPS. Analysts anticipate that Ciena Corporation will post 1.6 earnings per share for the current year.

Ciena News Roundup

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

Insider Transactions at Ciena

In other Ciena news, CEO Gary B. Smith sold 83,552 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $229.44, for a total value of $19,170,170.88. Following the completion of the transaction, the chief executive officer owned 307,885 shares of the company’s stock, valued at $70,641,134.40. This represents a 21.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jason Phipps sold 21,383 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $247.89, for a total value of $5,300,631.87. Following the completion of the sale, the senior vice president owned 91,765 shares of the company’s stock, valued at $22,747,625.85. This represents a 18.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 150,083 shares of company stock valued at $35,960,019. 0.58% of the stock is currently owned by insiders.

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.