<div id="readability-page-1"><p>Vanguard Group Inc. decreased its position in  Ciena Corporation (NYSE:CIEN - Free Report) by 0.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 15,068,602 shares of the communications equipment provider's stock after selling 19,843 shares during the period. Vanguard Group Inc. owned about 10.68% of Ciena worth $2,195,043,000 as of its most recent SEC filing.</p><ul><li>It's Not Too Late to Buy These 2 Red-Hot AI Infrastructure Stocks</li></ul><p>A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CIEN. Fifth Third Bancorp boosted its position in  Ciena by 8.3% during the 3rd quarter. Fifth Third Bancorp now owns 1,437 shares of the communications equipment provider's stock valued at $209,000 after buying an additional 110 shares during the period.  JPMorgan Chase &amp; Co. raised its stake in shares of  Ciena by 23.3% during the third quarter. JPMorgan Chase &amp; Co. now owns 6,462,840 shares of the communications equipment provider's stock valued at $941,451,000 after acquiring an additional 1,219,787 shares during the last quarter.  State of New Jersey Common Pension Fund D boosted its holdings in shares of  Ciena by 0.8% during the third quarter. State of New Jersey Common Pension Fund D now owns 50,798 shares of the communications equipment provider's stock worth $7,400,000 after purchasing an additional 394 shares during the period.  HighTower Advisors LLC grew its stake in shares of  Ciena by 77.0% in the third quarter. HighTower Advisors LLC now owns 22,095 shares of the communications equipment provider's stock worth $3,219,000 after purchasing an additional 9,613 shares during the last quarter.  Finally, GF Fund Management CO. LTD. purchased a new position in  Ciena during the 3rd quarter valued at about $16,687,000. 91.99% of the stock is currently owned by institutional investors. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have weighed in on CIEN. Barclays increased their price objective on Ciena from $138.00 to $279.00 and gave the stock an &#34;overweight&#34; rating in a report on Friday, December 12th. Zacks Research lowered Ciena from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Monday, February 9th. Citigroup boosted their price objective on shares of Ciena to $280.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, December 12th. Bank of America  restated a &#34;neutral&#34; rating and issued a $260.00 price objective on shares of Ciena in a report on Tuesday, January 20th. Finally, Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Ciena in a research note on Wednesday, January 21st. One equities research analyst  has rated the stock with a Strong Buy rating, nine have assigned  a Buy rating and eight have assigned  a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $247.67.</p><ul><li>Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge</li></ul><p><b>Get Our Latest Analysis on Ciena</b></p><h2>Insider Transactions at Ciena</h2><p>In other Ciena news, CEO Gary B. Smith sold 2,952 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $299.51, for a total transaction of $884,153.52. Following the completion of the sale, the chief executive officer directly owned 298,988 shares in the company, valued at approximately $89,549,895.88. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, Director Patrick Gallagher sold 11,618 shares of the company's stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $227.45, for a total transaction of $2,642,514.10. Following the completion of the transaction, the director owned 50,184 shares in the company, valued at approximately $11,414,350.80. This represents a 18.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 160,083 shares of company stock valued at $37,204,740. 0.58% of the stock is currently owned by corporate insiders. </p><h2>Ciena Trading Up 2.1%</h2><ul><li>Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains</li></ul><p>Shares of NYSE CIEN opened at $317.60 on Friday. Ciena Corporation has a 1 year low of $49.21 and a 1 year high of $320.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.73 and a quick ratio of 2.09. The firm has a 50-day moving average of $250.80 and a 200 day moving average of $186.59. The stock has a market cap of $44.93 billion, a P/E ratio of 373.65, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. </p><p>Ciena (NYSE:CIEN - Get Free Report) last released its earnings results on Thursday, December 11th. The communications equipment provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.15. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.29 billion. Ciena had a net margin of 2.59% and a return on equity of 8.38%. The business's revenue was up 20.1% on a year-over-year basis. During the same period last year, the business earned $0.54 earnings per share.  As a group, sell-side analysts expect that  Ciena Corporation will post 1.6 EPS for the current fiscal year. </p><h2>Ciena Company Profile</h2> (Free Report)<p>Ciena Corporation <span>NYSE: CIEN<span></span></span> 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.  </p><p>In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Ciena</li><li>3 Signs You May Want to Switch Financial Advisors</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>From Quiet Compounder to 2026 Breakout? BSEM</li><li>Unlocked: Elon Musk’s Next Big IPO</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNJRU4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNJRU4"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ciena Right Now?</h2><p>Before you consider Ciena, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ciena wasn't on the list.</p><p>While Ciena currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CIEN

<p>Vanguard Group Inc. reduced its stake in Ciena Corporation (NYSE:CIEN) by 0.1% in Q3, selling 19,843 shares, leaving it with 15,068,602 shares valued at approximately $2.2 billion. Other institutional investors also adjusted their positions, with Fifth Third Bancorp increasing its stake by 8.3% and JPMorgan Chase & Co. by 23.3%. Analyst ratings for Ciena vary, with Barclays raising its price target to $279 and Zacks downgrading it to a hold. Ciena's stock is currently trading at $317.60, up 2.1%.</p>

Vanguard Group Inc. Sells 19,843 Shares of Ciena Corporation $CIEN