Tiemann Investment Advisors LLC Takes $337,000 Position in Ciena Corporation $CIEN

Posted by on Jun 13th, 2026

Tiemann Investment Advisors LLC bought a new stake in Ciena Corporation (NYSE:CIEN – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,440 shares of the communications equipment provider’s stock, valued at approximately $337,000.

Several other large investors have also modified their holdings of CIEN. Jacobs Levy Equity Management Inc. acquired a new position in shares of Ciena in the 1st quarter valued at $395,000. Jones Financial Companies Lllp boosted its holdings in shares of Ciena by 139.6% in the 1st quarter. Jones Financial Companies Lllp now owns 5,253 shares of the communications equipment provider’s stock valued at $317,000 after buying an additional 3,061 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Ciena by 1.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 222,054 shares of the communications equipment provider’s stock valued at $13,419,000 after purchasing an additional 3,117 shares during the last quarter. Focus Partners Wealth raised its position in Ciena by 14.6% in the 1st 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, Franklin Resources Inc. purchased a new stake in Ciena in the 2nd quarter valued at $234,000. Institutional investors and hedge funds own 91.99% of the company’s stock.

Ciena Stock Up 0.0%

Shares of Ciena stock opened at $445.32 on Friday. The company has a market cap of $63.04 billion, a P/E ratio of 148.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.11 and a current ratio of 2.73. Ciena Corporation has a one year low of $71.72 and a one year high of $637.51. The firm has a fifty day moving average of $521.49 and a two-hundred day moving average of $363.71.

Ciena (NYSE:CIEN – Get Free Report) 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. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.50 billion. Ciena had a net margin of 7.87% and a return on equity of 18.15%. Ciena’s quarterly revenue was up 39.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.42 EPS. On average, analysts forecast that Ciena Corporation will post 5.41 earnings per share for the current year.

Insiders Place Their Bets

In other Ciena news, SVP Jason Phipps sold 22,014 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $409.80, for a total transaction of $9,021,337.20. Following the completion of the transaction, the senior vice president owned 68 shares in the company, valued at approximately $27,866.40. This represents a 99.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Brodie Gage sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $405.00, for a total transaction of $2,025,000.00. Following the transaction, the senior vice president owned 46,341 shares of the company’s stock, valued at approximately $18,768,105. The trade was a 9.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 44,174 shares of company stock worth $19,502,359. 0.58% of the stock is owned by insiders.

Analyst Ratings Changes

CIEN has been the subject of several research reports. Northland Securities set a $450.00 price target on shares of Ciena in a research report on Friday, June 5th. UBS Group upped their price target on shares of Ciena from $285.00 to $508.00 and gave the company a “neutral” rating in a research report on Friday, June 5th. Rothschild & Co Redburn initiated coverage on shares of Ciena in a research report on Friday, May 1st. They issued a “neutral” rating and a $416.00 price target for the company. TD Cowen upped their price target on shares of Ciena from $425.00 to $675.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Stifel Nicolaus set a $615.00 price target on shares of Ciena in a research report on Friday, May 29th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $530.56.

Check Out Our Latest Analysis on Ciena

About Ciena

(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.

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Institutional Ownership by Quarter for Ciena (NYSE:CIEN)

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