CIENA Corp (NYSE: CIEN) is 73.40% higher on its value in year-to-date trading and has touched a low of $44.89 and a high of $101.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CIEN stock was last observed hovering at around $81.51 in the last trading session, with the day’s loss setting it -79.3%.
Currently trading at $2.21M, the stock is 7.24% and 10.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.33 million and changing 3328101% at the moment leaves the stock 12.70% off its SMA200. CIEN registered -3.17% loss for a year compared to 6-month loss of -6.28%. The firm has a 50-day simple moving average (SMA 50) of $74.47 and a 200-day simple moving average (SMA200) of $72.86915.
The stock witnessed a -0.70% gain in the last 1 month and extending the period to 3 months gives it a 30.64%, and is 10.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.17% over the week and 3.45% over the month.
CIENA Corp (CIEN) has around 8657 employees, a market worth around $11.61B and $4.26B in sales. Current P/E ratio is 114.39 and Fwd P/E is 24.75. Profit margin for the company is 2.46%. Distance from 52-week low is 82.94% and -19.05% from its 52-week high. The company has generated returns on investments over the last 12 months (2.41%).
The EPS is expected to grow by 24.25% this year.
CIENA Corp (CIEN) Top Institutional Holders
722.0 institutions hold shares in CIENA Corp (CIEN), with institutional investors hold 101.53% of the company’s shares. The shares outstanding are 141.69M, and float is at 138.88M with Short Float at 3.51%. Institutions hold 100.69% of the Float.
The top institutional shareholder in the company is FMR LLC with over 21.56 million shares valued at $1.04 billion. The investor’s holdings represent 14.9284% of the CIEN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.61 million shares valued at $752.08 million to account for 10.8105 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.98 million shares representing 10.3715% and valued at over $721.54 million, while BARROW HANLEY MEWHINNEY & STRAUSS LLC holds 3.7381 of the shares totaling 5.4 million with a market value of $260.05 million.
CIENA Corp (CIEN) Insider Activity
CIENA Corp disclosed in a document filed with the SEC on Jun 16 ’25 that SMITH GARY B (President, CEO) sold a total of 6,800 shares of the company’s common stock. The trade occurred on Jun 16 ’25 and was made at $74.19 per share for $0.5 million. Following the transaction, the insider now directly holds 0.35 million shares of the CIEN stock.
Still, SEC filings show that on Jun 16 ’25, Rothenstein David M (SVP and Chief Strategy Officer) disposed off 2,500 shares at an average price of $74.13 for $0.19 million. The insider now directly holds 199,870 shares of CIENA Corp (CIEN).
