We rank companies based on fund manager, research analyst and news sentiment
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Adtran
ADTN

$4.69
1.69%
 

About: Adtran Holdings Inc formerly Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.

Employees: 3,227

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 7 analysts
0
News positive %
of 11 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

95% more call options, than puts

Call options by funds: $1.05M | Put options by funds: $539K

11% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 28

2% more funds holding

Funds holding: 164 [Q3] → 167 (+3) [Q4]

0.92% less ownership

Funds ownership: 80.77% [Q3] → 79.85% (-0.92%) [Q4]

5% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 60

12% less capital invested

Capital invested by funds: $523M [Q3] → $462M (-$61.4M) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$7
49%
upside
Avg. target
$8.07
72%
upside
High target
$9
92%
upside

7 analyst ratings

positive
57%
neutral
43%
negative
0%
Needham
Ryan Koontz
71%upside
$8
Buy
Reiterated
17 Apr 2024
Rosenblatt
Mike Genovese
60%upside
$7.5
Neutral
Maintained
28 Feb 2024
Needham
Ryan Koontz
71%upside
$8
Buy
Maintained
28 Feb 2024
Needham
Ryan Koontz
92%upside
$9
Buy
Reiterated
17 Jan 2024
Rosenblatt
Mike Genovese
71%upside
$8
Neutral
Maintained
15 Dec 2023

Financial journalist opinion

Based on 11 articles about ADTN published over the past 30 days