Diamond Hill Capital Management Inc. raised its holdings in shares of Ciena Co. (NYSE:CIEN – Get Rating) by 3.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,577,735 shares of the communications equipment provider’s stock after purchasing an additional 47,953 shares during the period. Diamond Hill Capital […]
Shares of Ciena Co. (NYSE:CIEN – Get Rating) have been assigned an average recommendation of “Moderate Buy” from the nineteen research firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to […]
Lapides Asset Management LLC increased its position in Ciena Co. (NYSE:CIEN – Get Rating) by 12.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 55,200 shares of the communications equipment provider’s stock after buying an additional 6,100 shares during the quarter. Lapides Asset Management LLC’s holdings in Ciena were worth $2,814,000 as of […]
Ciena Co. (NYSE:CIEN – Get Rating)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $51.86, but opened at $48.53. Ciena shares last traded at $49.66, with a volume of 2,004,963 shares traded. Analyst Upgrades and Downgrades A number of research firms recently weighed in on CIEN. Cowen […]