Ciena (CIEN) reported fiscal third-quarter 2026 revenue of $1.67 billion, up 37% from $1.22 billion a year earlier. GAAP net income was $266.4 million, or $1.88 per basic share and $1.83 per diluted share, for the quarter ended August 1, 2026.
The company provided fiscal fourth-quarter revenue guidance of $1.75 billion, plus or minus $50 million, and raised its fiscal 2026 revenue outlook to $6.42 billion, plus or minus $50 million.
- GAAP operating income totaled $301.2 million, compared with $73.5 million in the prior-year quarter.
- GAAP gross margin was 45.4%, versus 41.3% a year earlier.
- Networking Platforms revenue was $1.36 billion, including $1.19 billion from Optical Networking.
- Two customers accounted for 41.7% of quarterly revenue.
- Ciena repurchased approximately 0.4 million shares for $171.7 million during the quarter.
$CIEN Insider Trading Activity
$CIEN insiders have traded $CIEN stock on the open market 51 times in the past 6 months. Of those trades, 0 have been purchases and 51 have been sales.
Here’s a breakdown of recent trading of $CIEN stock by insiders over the last 6 months:
- GARY B SMITH (President, CEO) has made 0 purchases and 12 sales selling 35,424 shares for an estimated $16,075,607.
- JASON PHIPPS (SVP Global Sales and Marketing) has made 0 purchases and 16 sales selling 24,643 shares for an estimated $10,246,911.
- DAVID M ROTHENSTEIN (SVP and Chief Strategy Officer) has made 0 purchases and 6 sales selling 15,000 shares for an estimated $6,727,809.
- BRODIE GAGE (SVP Global Products & Supply) has made 0 purchases and 6 sales selling 11,000 shares for an estimated $4,901,316.
- MARC D. GRAFF (SVP & Chief Financial Officer) has made 0 purchases and 3 sales selling 5,247 shares for an estimated $2,266,795.
- SHEELA KOSARAJU (SVP and General Counsel) has made 0 purchases and 2 sales selling 4,025 shares for an estimated $1,746,701.
- DINO DIPERNA (SVP Global R&D) has made 0 purchases and 4 sales selling 3,611 shares for an estimated $1,685,929.
- JOSEPH CUMELLO (SVP, General Mgr. Blue Planet) has made 0 purchases and 2 sales selling 3,359 shares for an estimated $1,439,615.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CIEN Hedge Fund Activity
We have seen 716 institutional investors add shares of $CIEN stock to their portfolio, and 542 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 11,206,209 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,497,317,887
- CORIENT PRIVATE WEALTH LLC removed 2,836,397 shares (-98.8%) from their portfolio in Q1 2026, for an estimated $1,101,174,407
- FMR LLC removed 2,096,218 shares (-9.9%) from their portfolio in Q2 2026, for an estimated $1,028,320,702
- CAPITAL RESEARCH GLOBAL INVESTORS removed 2,093,496 shares (-76.1%) from their portfolio in Q2 2026, for an estimated $1,026,985,397
- AMERICAN CENTURY COMPANIES INC added 1,315,946 shares (+245.6%) to their portfolio in Q2 2026, for an estimated $645,550,469
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,248,995 shares (+inf%) to their portfolio in Q2 2026, for an estimated $612,706,987
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,171,401 shares (-22.3%) from their portfolio in Q2 2026, for an estimated $574,642,474
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CIEN Congressional Stock Trading
Members of Congress have traded $CIEN stock 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CIEN stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 2 purchases worth up to $30,000 on 05/29, 05/14 and 0 sales.
- SENATOR ALAN ARMSTRONG has traded it 2 times. They made 2 purchases worth up to $30,000 on 03/30, 03/27 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
