Rep. Lisa C. McClain Sells Ciena Corporation (NYSE:CIEN) Shares

Representative Lisa C. McClain (R-Michigan) recently sold shares of Ciena Corporation (NYSE:CIEN). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Ciena stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Ciena Price Performance

CIEN traded up $2.91 on Friday, reaching $203.20. 399,044 shares of the company’s stock were exchanged, compared to its average volume of 2,478,489. Ciena Corporation has a twelve month low of $49.21 and a twelve month high of $214.17. The stock has a market cap of $28.66 billion, a PE ratio of 209.60, a P/E/G ratio of 2.62 and a beta of 1.17. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.28 and a quick ratio of 2.52. The stock’s fifty day moving average price is $173.86 and its 200-day moving average price is $118.60.

Ciena (NYSE:CIEN) last released its quarterly earnings data on Thursday, April 6th. The communications equipment provider reported $0.47 EPS for the quarter. Ciena had a net margin of 3.10% and a return on equity of 6.62%. The company had revenue of $844.44 million during the quarter. Sell-side analysts expect that Ciena Corporation will post 1.6 EPS for the current year.

Hedge Funds Weigh In On Ciena

A number of hedge funds have recently modified their holdings of CIEN. Allianz Asset Management GmbH raised its holdings in Ciena by 44.7% in the 1st quarter. Allianz Asset Management GmbH now owns 103,437 shares of the communications equipment provider’s stock valued at $6,251,000 after buying an additional 31,947 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Ciena during the first quarter worth about $1,137,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Ciena during the first quarter valued at about $6,924,000. Oak Thistle LLC raised its stake in shares of Ciena by 57.4% in the 1st quarter. Oak Thistle LLC now owns 14,012 shares of the communications equipment provider’s stock valued at $847,000 after acquiring an additional 5,112 shares during the period. Finally, Convergence Investment Partners LLC acquired a new position in shares of Ciena in the 1st quarter worth approximately $973,000. 91.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ciena

In related news, CEO Gary B. Smith sold 6,800 shares of Ciena stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $92.93, for a total value of $631,924.00. Following the completion of the sale, the chief executive officer owned 305,157 shares in the company, valued at approximately $28,358,240.01. This trade represents a 2.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brodie Gage sold 350 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $169.36, for a total value of $59,276.00. Following the transaction, the senior vice president owned 40,653 shares in the company, valued at $6,884,992.08. This trade represents a 0.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 51,935 shares of company stock worth $8,029,442. Company insiders own 0.93% of the company’s stock.

Analyst Upgrades and Downgrades

CIEN has been the subject of several recent research reports. Argus increased their price target on Ciena from $100.00 to $135.00 and gave the company a “buy” rating in a report on Friday, September 5th. BNP Paribas set a $185.00 price objective on Ciena and gave the stock an “outperform” rating in a research note on Monday, October 13th. Stifel Nicolaus raised their target price on Ciena from $120.00 to $152.00 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. B. Riley reiterated a “neutral” rating and set a $113.00 price target (up previously from $90.00) on shares of Ciena in a report on Friday, September 5th. Finally, Wall Street Zen lowered shares of Ciena from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Ciena has an average rating of “Moderate Buy” and a consensus price target of $153.20.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Ciena

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services.