Summary of Ciena Corporation (NYSE:CIEN) Ratings as of Apr 20, 2018

April 20, 2018 - By Jane Lemasters

Ciena Corporation (NYSE:CIEN) Corporate Logo
During 2017 Q4 the big money sentiment decreased to 0.94. That’s change of 0.06, from 2017Q3’s 1. 47 investors sold all, 80 reduced holdings as Ciena Corporation ratio fall. 76 increased holdings while 44 funds acquired holdings. Funds hold 142.49 million shares thus 3.75% less from 2017Q3’s 148.04 million shares.
Ingalls Snyder Limited holds 0.01% of its capital in Ciena Corporation (NYSE:CIEN) for 11,385 shs. Prelude Capital Management Ltd Liability Corporation holds 0.01% of its capital in Ciena Corporation (NYSE:CIEN) for 5,512 shs. Deutsche National Bank & Trust Ag accumulated 0.02% or 1.61M shs. 26,599 are owned by Tudor Investment Corporation Et Al. Zweig owns 269,849 shs. Ameritas Invest Partners Inc owns 0.05% invested in Ciena Corporation (NYSE:CIEN) for 54,813 shs. Great West Life Assurance Can has invested 0% in Ciena Corporation (NYSE:CIEN). Advisors Cap Limited Liability accumulated 88,217 shs or 0.15% of the stock. Ahl Prtnrs Llp invested in 56,784 shs or 0.02% of the stock. Koch Industries invested 0.04% in Ciena Corporation (NYSE:CIEN). Legal General Gp Public Ltd Com holds 0% or 131,835 shs. Vanguard Group owns 12.17M shs. Smithfield holds 0% in Ciena Corporation (NYSE:CIEN) or 496 shs. Bnp Paribas Arbitrage Sa has invested 0% of its capital in Ciena Corporation (NYSE:CIEN). Catalyst Cap Advsr Lc has invested 0.05% in Ciena Corporation (NYSE:CIEN).

Ciena Corporation had 49 sales and 0 insider purchases since October 23, 2017. This’s net activity of $3.73 million. Another trade for 1,625 shs valued at $43,193 was made by NETTLES PATRICK H on Wednesday, March 21. On Wednesday, February 21 $185,810 worth of Ciena Corporation (NYSE:CIEN) was sold by SMITH GARY B. On Wednesday, March 21 McFeely Scott sold $30,913 worth of Ciena Corporation (NYSE:CIEN) or 1,163 shs. Shares for $42,620 were sold by Rothenstein David M. Shares for $31,471 were sold by HAMILTON RICK on Wednesday, March 21. Phipps Jason had sold 1,380 shs worth $36,680.

Ciena Corporation (NYSE:CIEN) Ratings Coverage

A total of 16 analysts rate Ciena Corp (NYSE:CIEN) as follows: 13 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 81% are bullish. (NYSE:CIEN) has 22 ratings reports on Apr 20, 2018 according to StockzIntelligence. On Tuesday, February 27 the company was maintained by M Partners. On Monday, November 27 the rating was upgraded by Bank of America to “Buy”. In Monday, March 19 report Northland Capital maintained it with “Buy” rating and $34.0 target. On Friday, December 8 the stock of Ciena Corporation (NYSE:CIEN) earned “Buy” rating by UBS. On Friday, December 8 the rating was downgraded by PiperJaffray to “Neutral”. On Wednesday, March 7 Jefferies maintained Ciena Corporation (NYSE:CIEN) rating. Jefferies has “Buy” rating and $31.0 target. On Thursday, December 7 the company was maintained by Stifel Nicolaus. On Tuesday, January 16 Goldman Sachs upgraded Ciena Corporation (NYSE:CIEN) to “Buy” rating. On Friday, December 8 the stock of Ciena Corporation (NYSE:CIEN) earned “Buy” rating by William Blair. On Monday, November 13 the stock of Ciena Corporation (NYSE:CIEN) has “Buy” rating given by William Blair. Listed here are Ciena Corporation (NYSE:CIEN) PTs and latest ratings.

19/03/2018 Broker: Northland Capital Rating: Buy New Target: $34.0 Maintain
09/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $30 New Target: $32 Maintain
09/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $25 New Target: $29 Maintain
07/03/2018 Broker: Jefferies Rating: Buy New Target: $31.0 Maintain
06/03/2018 Broker: Northland Capital Rating: Buy New Target: $30.0 Maintain
06/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $27.0 Maintain
27/02/2018 Broker: M Partners Rating: Buy New Target: $28.0 Maintain
16/01/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
08/12/2017 Broker: Needham Rating: Buy Old Target: $26.00 New Target: $24.00 Maintain
07/12/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $28.0 Maintain

CIEN is reaching $26.27 during the last trading session, after increased 0.23%.Ciena Corporation has volume of 241,405 shares. Since April 20, 2017 CIEN has risen 9.21% and is uptrending. The stock underperformed the S&P 500 by 2.34%.

Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide.The company has $3.77 billion market cap. The companyÂ’s Networking Platforms segment offers hardware networking solutions optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching.5.59 is the P/E ratio. The Company’s products include 6500 Packet-Optical Platform and the 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 4200 Advanced Services Platform, Corestream 5100/5200 Advanced Services Platform, Common Photonic Layer, and 6100 Multiservice Optical Platform.

Ciena Corporation (NYSE:CIEN) Institutional Investors Chart

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