J. Safra Sarasin Holding 13F: Adds $17M to Ciena (CIEN) Stake
Key Points
- J. Safra Sarasin increased its Ciena shares by 48,031, bringing its total to 74,722 shares worth about $26.3 million.
- The fund's position now represents 1.11% of its total reported value of $2.37 billion, ranking 20th among its holdings.
- Ciena's stock recently traded around $336.09, which is about 4.9% above its closing price of $320.26 on October 23, 2026.
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On October 26, 2026, J. Safra Sarasin Holding boosted its stake in Ciena Corporation (CIEN) by 48,031 shares. This increase brings the total holdings to 74,722 shares, valued at approximately $26.3 million. This information comes from the fund's latest Form 13F filing with the SEC.
In this filing, J. Safra Sarasin's position in Ciena represents 1.11% of its total reported value of $2.37 billion. The fund ranks 20th among its 800 positions. The share increase is a significant 179.95%, indicating a strong move in its investment strategy.
CIEN
Ciena Corporation
Other Institutional Activity in Ciena
American Century Companies Inc added 1,315,939 shares of Ciena, resulting in a total of 1,851,788 shares worth about $622.1 million. Gf Fund Management sold its entire stake of 23,000 shares, valued at approximately $7.4 million, in its latest filing on the same day.
Ciena Corporation Stock Up 4.9%
Ciena shares recently traded around $336.09, which is about 4.9% above the closing price of $320.26 on October 23, 2026. However, the stock is currently trading below its 50-day and 200-day moving averages, which suggests it has faced challenges in maintaining upward momentum. The stock is also about 47.3% below its 52-week high of $637.51, but it is nearly 99.8% above its 52-week low of $168.22.
Recent Earnings
Ciena reported trailing twelve-month revenue of approximately $6.02 billion, reflecting a year-over-year revenue growth of 37%. The next earnings report is expected on December 10, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
7 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 10.1%. Revenue beat estimates by 2.3%.
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Profit surprise
EBITDA missed by 27 percent. Operating income missed by 16 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
7 target raises.
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Earnings quality
Gross margin up 3.8 points. Operating margin up 12.1 points. Positive free cash flow.
Earnings Call Summary
Ciena delivered a strong quarter with $1.57 billion in revenue, up 40 percent year over year, and adjusted earnings of $1.64 per share. The company announced its first multirail Hyper-Rail system order from a leading hyperscaler and is seeing broad adoption across cloud and service provider customers. With a $7.7 billion backlog and expanding gross margins to 44.9 percent, management expects sustained growth through 2027 driven by AI infrastructure buildout.
Guidance Ciena raised its full year 2026 revenue guidance to $6.3 billion, up 32 percent year over year. For next quarter, they expect about $1.625 billion in revenue. The company plans to continue investing in supply chain capacity and R and D to support strong AI-driven demand from hyperscalers and service providers.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Ciena Corporation
Several insiders sold shares on October 15, 2026. CEO Gary Brian Smith sold 2,952 shares at an average price of $348.02, totaling about $1.03 million. Other executives, including Dino Diperna and Brodie Gage, also sold shares, contributing to a significant insider selling activity.
Analysts Set New Price Targets
On September 17, 2026, Barclays maintained an Overweight rating on Ciena with a price target of $548.00, up from a prior target of $475.00. Other firms, including Rosenblatt and Morgan Stanley, also maintained their ratings, with targets ranging from $450.00 to $550.00, reflecting positive sentiment towards the stock.
About Ciena
Ciena Corporation is a network technology company that provides hardware, software, and services for network operators globally. Its offerings include optical networking and routing products, which are essential for modern communication networks. The recent boost in J. Safra Sarasin's stake signals confidence in Ciena's growth potential.
Bottom Line
Investors should keep an eye on Ciena's upcoming earnings report on December 10, 2026, as well as any further updates from J. Safra Sarasin and other institutional investors regarding their positions in the company.
Related Filing Alerts
Source: J. Safra Sarasin Holding's 13F filing on $CIEN (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts