Weekly ADTRAN, Inc. (NASDAQ:ADTN) Ratings as of Jun 27, 2018

June 27, 2018 - By Ira Colvard

ADTRAN, Inc. (NASDAQ:ADTN) Corporate Logo
During Q1 2018 the big money sentiment decreased to 1.01. That’s change of 0.09, from 2017Q4’s 1.1. 33 investors sold all, 42 reduced holdings as ADTRAN, Inc. ratio dived. 50 increased holdings while 26 funds bought holdings. Funds hold 44.27 million shares thus 5.24% more from 2017Q4’s 42.06 million shares.
State Board Of Administration Of Florida Retirement Systems holds 0% or 47,181 shs. Illinois-based Ubs Asset Americas has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Wells Fargo And Mn holds 0% of its capital in ADTRAN, Inc. (NASDAQ:ADTN) for 268,873 shs. Pnc Financial Ser Gp has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Thrivent Financial For Lutherans invested 0% of its capital in ADTRAN, Inc. (NASDAQ:ADTN). Stone Ridge Asset Mgmt Limited Liability Company invested 0.01% in ADTRAN, Inc. (NASDAQ:ADTN). Northern, Illinois-based fund reported 1.03M shs. Horrell Cap Management holds 0.01% or 1,250 shs in its capital. Meeder Asset Management has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). State Bank Of Montreal Can reported 0% in ADTRAN, Inc. (NASDAQ:ADTN). American Incorporated owns 0% invested in ADTRAN, Inc. (NASDAQ:ADTN) for 31,061 shs. Grantham Mayo Van Otterloo & Co Ltd Llc holds 0% or 39,500 shs in its capital. Heartland, Wisconsin-based fund reported 136,412 shs. Teachers Retirement Of The State Of Kentucky, Kentucky-based fund reported 15,147 shs. Mason Street Advisors Ltd Llc accumulated 13,433 shs.

ADTRAN, Inc. (NASDAQ:ADTN) Ratings Coverage

In total 7 analysts cover Adtran (NASDAQ:ADTN). “Buy” rating has 3, “Sell” are 0, while 4 are “Hold”. 43% are bullish. 11 are the (NASDAQ:ADTN)’s analyst reports since December 29, 2017 according to StockzIntelligence Inc. On Thursday, January 18 Northland Capital maintained the shares of ADTN in report with “Buy” rating. On Thursday, April 19 the rating was maintained by Jefferies with “Hold”. On Thursday, April 19 the rating was maintained by Cowen & Co with “Hold”. On Wednesday, April 18 the stock has “Buy” rating by Needham. In Friday, December 29 report Cowen & Co maintained it with “Hold” rating and $16.0 target. On Tuesday, January 16 the rating was upgraded by Goldman Sachs to “Neutral”. On Thursday, April 19 the firm has “Hold” rating by Argus Research given. On Friday, January 12 the firm earned “Buy” rating by Needham. On Wednesday, January 17 Jefferies maintained ADTRAN, Inc. (NASDAQ:ADTN) with “Hold” rating. On Wednesday, April 18 the firm has “Buy” rating by Northland Capital given. 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 hit $14.55 during the last trading session after $0.05 change.Currently ADTRAN, Inc. is downtrending after 23.60% change in last June 27, 2017. ADTN has 11,569 shares volume. ADTN underperformed by 36.17% the S&P500.

ADTRAN, Inc. provides networking and communications equipment worldwide.The firm is worth $697.15 million. The firm operates through two divisions, Network Solutions and Services & Support.110.23 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.

There’s an important ADTRAN, Inc. (NASDAQ:ADTN) news published by Seekingalpha.com. It’s a report titled: “Lumentum up, Infinera down as Goldman analyst covers opticals” on June 21, 2018.

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

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