ADTRAN, Inc. (NASDAQ:ADTN) Weekly Ratings on Apr 16, 2018

April 16, 2018 - By Gwen Gough

ADTRAN, Inc. (NASDAQ:ADTN) Corporate Logo
Big Money Sentiment decreased to 1.1 in Q4 2017. It has change of 0.42, from 2017Q3’s 1.52. The ratio turned negative due to ADTRAN, Inc. positioning: 20 sold and 50 reduced. 25 funds acquired holdings and 52 increased holdings. Investors holded 42.82 million in 2017Q3 but now own 42.06 million shares or 1.76% less.
Nj State Employees Deferred Compensation Plan reported 0.03% in ADTRAN, Inc. (NASDAQ:ADTN). Goldman Sachs Gp Inc reported 0% of its capital in ADTRAN, Inc. (NASDAQ:ADTN). Eqis Capital Mngmt holds 0.01% of its capital in ADTRAN, Inc. (NASDAQ:ADTN) for 14,027 shs. Prudential Incorporated holds 0.01% or 407,925 shs. Glenmede Tru Na has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Royal Natl Bank Of Canada holds 0% or 1,000 shs in its capital. Voya Ltd Liability reported 0% stake. State Street has 1.38 million shs. Credit Suisse Ag has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Pub Employees Retirement Association Of Colorado owns 14,235 shs or 0% of their US capital. Connecticut-based Northcoast Asset Mngmt Lc has invested 0.12% in ADTRAN, Inc. (NASDAQ:ADTN). Jpmorgan Chase And reported 294,797 shs stake. Bnp Paribas Arbitrage Sa has 0% invested in ADTRAN, Inc. (NASDAQ:ADTN) for 26,864 shs. Mufg Americas Holdings Corp holds 0% in ADTRAN, Inc. (NASDAQ:ADTN) or 1,780 shs. Atlantic Trust Grp Incorporated Ltd Co reported 522 shs.

ADTRAN, Inc. registered $1.25 million net activity with 0 insider purchases and 2 selling transactions since October 20, 2017. Schansman Raymond R sold $1.04 million worth of stock.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

Total analysts of 6 have positions in Adtran (NASDAQ:ADTN) as follows: 3 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 50%. Since October 18, 2017 according to StockzIntelligence Inc Adtran has 8 analyst reports. On Wednesday, October 18 the stock has “Buy” rating by Northland Capital. On Friday, December 29 the company was maintained by Cowen & Co. The stock rating was maintained by Northland Capital with “Buy” on Thursday, January 18. On Wednesday, October 18 the firm has “Buy” rating by Needham given. The company rating was upgraded by Goldman Sachs on Tuesday, January 16. On Wednesday, January 17 Jefferies maintained the shares of ADTN in report with “Hold” rating. On Friday, January 12 Needham maintained ADTRAN, Inc. (NASDAQ:ADTN) with “Buy” rating. Listed here are ADTRAN, Inc. (NASDAQ:ADTN) PTs and latest ratings.

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
29/12/2017 Broker: M Partners Rating: Buy New Target: $25.0
18/10/2017 Broker: Needham Rating: Buy New Target: $26.0 Maintain
18/10/2017 Broker: Northland Capital Rating: Buy New Target: $28.0 Maintain

ADTN reached $15.48 on during the last trading session after $0.07 change.ADTRAN, Inc. has volume of 82,300 shares. Since April 16, 2017 ADTN has declined 27.42% and is downtrending. ADTN underperformed the S&P500 by 38.97%.

ADTRAN, Inc. provides networking and communications equipment worldwide.The firm is valued at $741.32 million. The firm operates through two divisions, Network Solutions and Services & Support.31.58 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.

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

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