Northwestern Mutual Wealth Management Co. Purchases 20,682 Shares of Ciena Corporation $CIEN

Posted by Stanley Muller on May 24th, 2026

Northwestern Mutual Wealth Management Co. increased its position in Ciena Corporation (NYSE:CIEN – Free Report) by 467.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,107 shares of the communications equipment provider’s stock after buying an additional 20,682 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Ciena were worth $5,872,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CIEN. Community Bank N.A. bought a new stake in Ciena in the 3rd quarter worth approximately $25,000. Assetmark Inc. lifted its position in Ciena by 50.4% in the 3rd quarter. Assetmark Inc. now owns 200 shares of the communications equipment provider’s stock worth $29,000 after buying an additional 67 shares during the last quarter. Ameritas Advisory Services LLC lifted its position in Ciena by 104.0% in the 3rd quarter. Ameritas Advisory Services LLC now owns 204 shares of the communications equipment provider’s stock worth $30,000 after buying an additional 104 shares during the last quarter. Hilltop National Bank bought a new stake in Ciena in the 4th quarter worth approximately $35,000. Finally, Root Financial Partners LLC bought a new stake in Ciena in the 3rd quarter worth approximately $45,000. Institutional investors own 91.99% of the company’s stock.

Ciena Price Performance

CIEN opened at $583.65 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.14 and a current ratio of 2.81. Ciena Corporation has a 52-week low of $70.77 and a 52-week high of $599.50. The stock has a market capitalization of $82.53 billion, a PE ratio of 371.75, a price-to-earnings-growth ratio of 1.91 and a beta of 1.24. The stock’s 50 day moving average price is $478.27 and its 200-day moving average price is $328.12.

Ciena (NYSE:CIEN – Get Free Report) last posted its earnings results on Thursday, March 5th. The communications equipment provider reported $1.35 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. The business’s revenue was up 33.1% compared to the same quarter last year. On average, equities research analysts predict that Ciena Corporation will post 5.12 EPS for the current year.

Insider Activity

In other news, SVP Jason Phipps sold 22,014 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $409.80, for a total transaction of $9,021,337.20. Following the transaction, the senior vice president directly owned 68 shares of the company’s stock, valued at approximately $27,866.40. The trade was a 99.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Brodie Gage sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $405.00, for a total value of $2,025,000.00. Following the transaction, the senior vice president directly owned 46,341 shares in the company, valued at $18,768,105. This trade represents a 9.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 44,174 shares of company stock valued at $18,878,661. Company insiders own 0.58% of the company’s stock.

Wall Street Analyst Weigh In

CIEN has been the subject of several recent research reports. TD Cowen boosted their price objective on Ciena from $425.00 to $675.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Raymond James Financial reiterated an “outperform” rating and issued a $320.00 price objective on shares of Ciena in a research report on Thursday, March 5th. Stifel Nicolaus boosted their price objective on Ciena from $430.00 to $585.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Rosenblatt Securities boosted their price objective on Ciena from $305.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Finally, Citigroup boosted their price objective on Ciena from $345.00 to $658.00 and gave the company a “buy” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $398.83.

Check Out Our Latest Stock Analysis on CIEN

Ciena Company Profile

(Free Report)

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.