AdtranADTN
Market Cap: 513M
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
17% more call options, than puts
Call options by funds: $988K | Put options by funds: $843K
1.05% more ownership
Funds ownership: 79.94% [Q4 2023] → 80.99% (+1.05%) [Q1 2024]
0% more funds holding
Funds holding: 169 [Q4 2023] → 169 (+0) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
15% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 67
25% less capital invested
Capital invested by funds: $462M [Q4 2023] → $347M (-$115M) [Q1 2024]
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Needham Ryan Koontz | 23%upside $8 | Buy Reiterated | 20 May 2024 |
Needham Ryan Koontz | 23%upside $8 | Buy Reiterated | 8 May 2024 |
Needham Ryan Koontz | 23%upside $8 | Buy Reiterated | 17 Apr 2024 |
Rosenblatt Mike Genovese | 16%upside $7.5 | Neutral Maintained | 28 Feb 2024 |
Needham Ryan Koontz | 23%upside $8 | Buy Maintained | 28 Feb 2024 |
Financial journalist opinion
Based on 3 articles about ADTN published over the past 30 days