Docoh
Loading...

CIEN CIENA

Ciena is a networking systems, services and software company. The Company provides solutions that help its customers create the Adaptive Network™ in response to the constantly changing demands of their end-users. By delivering best-in-class networking technology through high-touch consultative relationships, the Company builds the world's most agile networks with automation, openness and scale.

Company profile

Ticker
CIEN
Exchange
Website
CEO
Gary Smith
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
232725311

CIEN stock data

(
)

Calendar

9 Jun 21
2 Aug 21
30 Oct 21
Quarter (USD)
May 21 Jan 21 Oct 20 Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Oct 20 Oct 19 Oct 18 Oct 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from CIENA earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
22 Jul 21 Moylan James E JR Common Stock Sell Dispose S No Yes 55.54 2,000 111.08K 329,421
22 Jul 21 Smith Gary B Common Stock Sell Dispose S No Yes 55.2067 5,000 276.03K 365,530
21 Jul 21 Smith Gary B Common Stock Sell Dispose S No Yes 55.2707 5,000 276.35K 370,530
15 Jul 21 Alexander Stephen B Common Stock Sell Dispose S No Yes 56.7 2,000 113.4K 75,083
15 Jul 21 Rothenstein David M Common Stock Sell Dispose S No Yes 56.7 2,500 141.75K 259,855
8 Jul 21 Moylan James E JR Common Stock Sell Dispose S No Yes 55.98 2,000 111.96K 331,421

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

90.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 449 464 -3.2%
Opened positions 49 85 -42.4%
Closed positions 64 85 -24.7%
Increased positions 159 162 -1.9%
Reduced positions 167 165 +1.2%
13F shares
Current Prev Q Change
Total value 7.64B 7.55B +1.2%
Total shares 139.82M 143.06M -2.3%
Total puts 1.72M 2.43M -29.2%
Total calls 1.71M 3.48M -50.8%
Total put/call ratio 1.0 0.7 +43.9%
Largest owners
Shares Value Change
BLK Blackrock 15.88M $868.81M +7.3%
Vanguard 14.66M $802.35M +2.4%
Spring Creek Capital 7.63M $417.77M +64.1%
FMR 4.94M $270.46M -1.3%
STT State Street 3.7M $202.56M +1.2%
Congress Asset Management 3.66M $200.03M +1.7%
Ubs Global Asset Management Americas 3.37M $184.39M +20.3%
Wellington Management 3.2M $175.1M -3.9%
BNP Paribas Asset Management Holding 2.71M $148.03M -14.2%
BAC Bank Of America 2.69M $146.93M +8.8%
Largest transactions
Shares Bought/sold Change
Spring Creek Capital 7.63M +2.98M +64.1%
Norges Bank 0 -2.56M EXIT
Swedbank 0 -1.8M EXIT
Menora Mivtachim 0 -1.42M EXIT
Arrowstreet Capital, Limited Partnership 30.15K -1.09M -97.3%
BLK Blackrock 15.88M +1.09M +7.3%
JHG Janus Henderson 884.97K -1.06M -54.5%
Holocene Advisors 1.72M +951.83K +123.4%
Platinum Investment Management 726.25K +709.78K +4310.9%
BK Bank Of New York Mellon 1.85M -575.83K -23.8%

Financial report summary

?
Competition
NokiaAdtranUTStarcomJuniper NetworksAmdocsInfineraINPHICalixZteCommScope Holding
Risks
  • Our reliance on third-party component suppliers, including sole and limited source suppliers, exposes our business to additional risk and could limit our sales, increase our costs and harm our customer relationships.
  • The resurgence of COVID-19 in India or other countries where we or our supply chain partners have operations could have a material adverse effect on our business, results of operations and financial condition.
Management Discussion
  • •Networking Platforms segment revenue decreased, primarily reflecting product line sales decreases of $80.6 million of our Converged Packet Optical products.
  • ◦Converged Packet Optical sales decreased, primarily reflecting a sales decrease of $91.7 million of our 6500 Packet-Optical Platform to communications service providers and Web-scale providers. This sales decrease was partially offset by a sales increase of $9.4 million of our Waveserver® products, primarily to communications service providers and Web-scale providers.
  • ◦Routing and Switching sales remained relatively unchanged.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: absenteeism, accommodate, back, Britain, cease, claim, compensatory, death, disagree, Don, earlier, eliminate, enroll, ESPP, evergreen, examination, extension, fashion, FDII, Great, Group, healthcare, intercompany, Joseph, mechanism, met, methodology, outcome, physical, preceding, presence, proportionate, put, receipt, reorganization, reorganize, resurgence, retroactive, reversal, River, shortage, spike, subsidy, taxation, upgrade, valuation, Wage, weaker, whichever
Removed: Austin, BEAT, cable, Code, consisted, deductible, denominator, Department, entrance, erosion, excluded, Japanese, multiservice, pay, reconcile, Yen

Patents

APP
Utility
Forward Error Correction with Compression Coding
29 Jul 21
A method performed at an electronic device comprises receiving information bits, a first nub, and a second nub, each nub comprising redundant values; calculating first calculated determiners from first subsets of the information bits along a first dimension; calculating first corrected determiners by applying first FEC decoding to a combination of the first calculated determiners and the first nub; correcting at least one error in the information bits using a difference between the first corrected determiners and the first calculated determiners; calculating second calculated determiners from second subsets of the information bits along a second dimension that differs from the first dimension; calculating second corrected determiners by applying second FEC decoding to a combination of the second calculated determiners and the second nub; and correcting at least one additional error in the information bits using a difference between the second corrected determiners and the second calculated determiners.
APP
Utility
System-level optical amplifier efficiency performance metric
22 Jul 21
Systems and methods for a system-level Erbium-Doped Fiber Amplifier (EDFA) optical amplifier efficiency metric.
APP
Utility
EVPN VPWS FXC local switching connectivity
22 Jul 21
A network element configured to implement an Ethernet Virtual Private Network (EVPN) Virtual Private Wire Service (VPWS) Flexible Cross-Connect (FXC) local switching service includes a plurality of ports; and a switching fabric configured to switch traffic between the plurality of ports; wherein a set of ports is configured in a distributed Link Aggregation Group (LAG) with two nodes, and an inter-chassis link configured with a second network element, and wherein, responsive to a failure of the inter-chassis link, a distribution state of members in the distributed LAG is coordinated.
GRANT
Utility
Opportunistic network defragmentation and optimization
20 Jul 21
Systems and methods include determining a defragmentation plan that changes a configuration of a network to move the network from a current state of operation to a new state of operation; updating any of the defragmentation plan and the new state of operation in response to an opportunity presented during operation of the network; and implementing one or more steps in the defragmentation plan based on the opportunity.
GRANT
Utility
Compression forward error correction coding using a tree structure
20 Jul 21
A transmitter generates determiners from data vectors representing payload information, each determiner representing parity information dependent on the payload information.