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Ciena Posts Higher 4Q Sales, Lifted by Optical-Networking Business

By Will Feuer Ciena posted higher sales for its fiscal fourth quarter, lifted by demand for its optical-networking products. The Hanover, Md.-based. ....

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Future Fund LLC Raises Stock Holdings in Ciena Co. (NYSE:CIEN)

Future Fund LLC boosted its stake in Ciena Co. (NYSE:CIEN – Free Report) by 49.7% during the second quarter, HoldingsChannel reports. The firm owned 7,893 shares of the communications equipment provider’s stock after buying an additional 2,620 shares during the period. Ciena comprises about 3.2% of Future Fund LLC’s portfolio, making the stock its 16th […] ....

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Ciena's (CIEN) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of Ciena (NYSE:CIEN – Free Report) in a research note published on Tuesday morning, Benzinga reports. They currently have a $65.00 price objective on the communications equipment provider’s stock. A number of other research analysts also recently commented on the stock. Needham & Company LLC dropped their […] ....

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PNC Financial Services Group Inc. Sells 6,725 Shares of Ciena Co. (NYSE:CIEN)

PNC Financial Services Group Inc. lowered its position in Ciena Co. (NYSE:CIEN – Free Report) by 13.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,802 shares of the communications equipment provider’s stock after selling 6,725 shares during the period. PNC Financial Services […] ....

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Sei Investments Co. Has $9.42 Million Stock Holdings in Ciena Co. (NYSE:CIEN)

Sei Investments Co. lessened its stake in Ciena Co. (NYSE:CIEN – Free Report) by 9.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 221,760 shares of the communications equipment provider’s stock after selling 22,382 shares during the quarter. Sei Investments Co.’s holdings in […] ....

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