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December 12, 2023
Ciena (NYSE:CIEN – Free Report) had its price target increased by B. Riley from $67.00 to $68.00 in a research report sent to investors on Friday morning, Benzinga reports. B. Riley currently has a buy rating on the communications equipment provider’s stock. A number of other research firms also recently weighed in on CIEN. UBS […]
December 10, 2023
Ciena (NYSE:CIEN – Get Free Report) released its quarterly earnings data on Thursday. The communications equipment provider reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06, MarketWatch Earnings reports. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. Ciena had […]
November 30, 2023
Cetera Investment Advisers reduced its position in Ciena Co. (NYSE:CIEN – Free Report) by 15.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,210 shares of the communications equipment provider’s stock after selling 1,797 shares during the period. Cetera […]
November 29, 2023
Needham & Company LLC reissued their buy rating on shares of Ciena (NYSE:CIEN – Free Report) in a report issued on Tuesday, Benzinga reports. The brokerage currently has a $60.00 price objective on the communications equipment provider’s stock. Other research analysts have also issued reports about the company. Barclays decreased their target price on Ciena […]
November 14, 2023
Ciena Co. (NYSE:CIEN – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,020,000 shares, an increase of 30.1% from the October 15th total of 3,090,000 shares. Approximately 2.8% of the shares of the company are sold […]
November 5, 2023
Bank of Nova Scotia grew its holdings in shares of Ciena Co. (NYSE:CIEN – Free Report) by 216.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 12,667 shares of the communications equipment provider’s stock after acquiring an additional 8,664 shares during the quarter. Bank of Nova Scotia’s […]
November 5, 2023
Truist Financial Corp cut its stake in shares of Ciena Co. (NYSE:CIEN – Free Report) by 20.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,207 shares of the communications equipment provider’s stock after selling 8,885 shares during the […]
October 28, 2023
Handelsbanken Fonder AB reduced its position in shares of Ciena Co. (NYSE:CIEN – Free Report) by 5.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,362 shares of the communications equipment provider’s stock after selling 1,800 shares during the period. […]
October 27, 2023
Hussman Strategic Advisors Inc. cut its stake in shares of Ciena Co. (NYSE:CIEN – Free Report) by 25.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 46,500 shares of the communications equipment provider’s stock after selling 15,500 shares during the period. Hussman Strategic Advisors […]
October 14, 2023
Hohimer Wealth Management LLC decreased its stake in Ciena Co. (NYSE:CIEN – Free Report) by 52.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 8,524 shares of the communications equipment provider’s stock after selling 9,324 shares during the period. Hohimer Wealth Management LLC’s holdings in Ciena were worth $362,000 as of its most recent […]