Summary of ADTRAN, Inc. (NASDAQ:ADTN) Ratings

May 17, 2018 - By Jenna Rose

ADTRAN, Inc. (NASDAQ:ADTN) Corporate Logo
During Q4 2017 the big money sentiment decreased to 1.1. That’s change of 0.42, from 2017Q3’s 1.52. 20 investors sold all, 50 reduced holdings as ADTRAN, Inc. ratio turned negative. 52 increased holdings while 25 funds bought holdings. Funds hold 42.06 million shares thus 1.76% less from 2017Q3’s 42.82 million shares.
Menta Capital Llc accumulated 0.17% or 45,338 shs. 50,278 are held by First Tru Limited Partnership. Mufg Americas Hldgs stated it has 1,780 shs or 0% of all its holdings. Great West Life Assurance Can reported 62,241 shs. Moreover, Horrell has 0.01% invested in ADTRAN, Inc. (NASDAQ:ADTN) for 1,250 shs. Comerica Bankshares invested in 0.01% or 62,987 shs. Alliancebernstein Ltd Partnership has invested 0% of its capital in ADTRAN, Inc. (NASDAQ:ADTN). Balyasny Asset Mngmt Ltd Com accumulated 21,676 shs. Bank & Trust Of New York Mellon stated it has 0% in ADTRAN, Inc. (NASDAQ:ADTN). Fil Ltd holds 0.07% or 1.28 million shs in its capital. Canada Pension Plan Board owns 557,200 shs or 0.02% of their US capital. Eaton Vance Mgmt has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Barrow Hanley Mewhinney Strauss holds 250,946 shs or 0.01% of its capital. Legal General Gru Public Lc holds 0% or 95,911 shs in its capital. Thrivent For Lutherans has invested 0.01% in ADTRAN, Inc. (NASDAQ:ADTN).

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

A total of 7 analysts rate Adtran (NASDAQ:ADTN) as follows: 3 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 43% are bullish. (NASDAQ:ADTN) has 11 ratings reports on May 17, 2018 according to StockzIntelligence. On Friday, January 12 the firm earned “Buy” rating by Needham. In Thursday, January 18 report Northland Capital maintained it with “Buy” rating and $23.0 target. On Thursday, April 19 the firm has “Hold” rating given by Cowen & Co. On Wednesday, January 17 the stock has “Hold” rating by Jefferies. On Tuesday, January 16 the company was upgraded by Goldman Sachs. In Wednesday, April 18 report Needham maintained the stock with “Buy” rating. On Friday, December 29 the stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Hold” rating given by Cowen & Co. On Thursday, April 19 the firm has “Hold” rating by Argus Research given. On Thursday, April 19 the firm has “Hold” rating by Jefferies given. On Wednesday, April 18 the rating was maintained by Northland Capital with “Buy”. Listed here are ADTRAN, Inc. (NASDAQ:ADTN) PTs and latest ratings.

19/04/2018 Broker: Cowen & Co Rating: Hold New Target: $15.0000 Maintain
19/04/2018 Broker: Jefferies Rating: Hold New Target: $16.0000 Maintain
18/04/2018 Broker: Needham Rating: Buy New Target: $18.0000 Maintain
18/04/2018 Broker: Northland Capital Rating: Buy New Target: $20.0000 Maintain
19/04/2018 Broker: Argus Research Old Rating: Buy New Rating: Hold Downgrade
18/01/2018 Broker: Northland Capital Rating: Buy New Target: $23.0 Maintain
17/01/2018 Broker: Jefferies Rating: Hold New Target: $17.25 Maintain
16/01/2018 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral Upgrade
12/01/2018 Broker: Needham Rating: Buy New Target: $22.0 Maintain
29/12/2017 Broker: Cowen & Co Rating: Hold New Target: $16.0 Maintain

ADTN is hitting $14.725 during the last trading session, after increased 0.17%.ADTRAN, Inc. has volume of 111,502 shares. Since May 17, 2017 ADTN has declined 27.42% and is downtrending. The stock underperformed the S&P500 by 38.97%.

ADTRAN, Inc. provides networking and communications equipment worldwide.The firm is worth $705.54 million. The firm operates through two divisions, Network Solutions and Services & Support.30.05 is the P/E ratio. It offers access and aggregation solutions, including fiber to the premises and fiber to the node multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; fiber access network elements; optical networking edge aggregation; and IP digital subscriber line access multiplexers.

More recent ADTRAN, Inc. (NASDAQ:ADTN) news were posted by Multichannel.com, Seekingalpha.com and Businesswire.com. The first one has “ADTRAN to Lead Broadband Forum’s Advanced Application-Level Traffic Generation Testing” as a title and was posted on May 14, 2018. The next is “Adtran down on Q1 earnings miss” on April 18, 2018. And last was posted on May 08, 2018, called “Annual Cowen and Company Technology, Media and Telecom Conference in New York on May 31, 2018”.

ADTRAN, Inc. (NASDAQ:ADTN) Analyst Ratings Chart

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