William Blair Investment Management LLC Sells 267,652 Shares of Ciena Corporation $CIEN

NodeGuardian · 2026-03-11T03:24:54+00:00

William Blair Investment Management LLC decreased its stake in Ciena Corporation by 9.9%, selling 267,652 shares, while Ciena still holds significant interest. The stock rose 2.2% to $348.53, with strong earnings and a "Moderate Buy" consensus from analysts noted, despite insider selling.

NodeGuardian

2026-03-11 03:24:54

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William Blair Investment Management LLC reduced its stake in Ciena Corporation by 9.9% in the third quarter, selling 267,652 shares, though Ciena remains a significant holding. Institutional investors and hedge funds own a large portion of the stock, which recently saw a 2.2% increase to $348.53. Ciena has outperformed earnings expectations and received a “Moderate Buy” consensus from analysts, despite notable insider selling.

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