Insider Buying: ADTRAN (NASDAQ:ADTN) CEO Acquires $601,500.00 in Stock

ADTRAN Holdings, Inc. (NASDAQ:ADTN) CEO Thomas Stanton purchased 150,000 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was acquired at an average cost of $4.01 per share, for a total transaction of $601,500.00. Following the completion of the acquisition, the chief executive officer owned 1,410,890 shares in the company, valued at $5,657,668.90. This represents a 11.90% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

ADTRAN Trading Up 6.3%

Shares of ADTN opened at $4.69 on Thursday. The firm has a market cap of $382.24 million, a P/E ratio of -18.04, a price-to-earnings-growth ratio of 2.88 and a beta of 1.53. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.89 and a quick ratio of 1.23. ADTRAN Holdings, Inc. has a 1 year low of $3.92 and a 1 year high of $19.98. The company has a 50 day simple moving average of $6.64 and a two-hundred day simple moving average of $10.85.

ADTRAN (NASDAQ:ADTN) last released its earnings results on Tuesday, November 3rd. The communications equipment provider reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05. ADTRAN had a negative net margin of 2.20% and a positive return on equity of 17.76%. The firm had revenue of $281.17 million for the quarter, compared to the consensus estimate of $285.15 million. During the same quarter in the previous year, the firm earned $0.05 earnings per share. The company’s quarterly revenue was up .6% compared to the same quarter last year. On average, equities analysts expect that ADTRAN Holdings, Inc. will post 0.15 earnings per share for the current fiscal year.

Key Stories Impacting ADTRAN

Investors following ADTN have been watching these stories:

• Positive Sentiment: CFO Timothy Santo bought 17,820 shares for about $74,000, increasing his direct holdings by nearly 30%. The purchase may signal confidence from company leadership. Article: ADTRAN CFO Purchases Stock
• Positive Sentiment: ADTRAN’s latest reported quarter beat earnings-per-share expectations, though revenue came in slightly below forecasts.
• Negative Sentiment: Northland Securities cut its Q4 2026 EPS estimate from $0.02 to a loss of $0.03, and lowered its FY2027 forecast from $0.39 to $0.24 per share, signaling weaker expected profitability.

Wall Street Analysts Forecast Growth

Several research firms have commented on ADTN. Wall Street Zen downgraded shares of ADTRAN from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Craig Hallum set a $12.00 price objective on ADTRAN in a research report on Wednesday, August 5th. Needham & Company LLC reduced their target price on ADTRAN from $14.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Rosenblatt Securities downgraded ADTRAN from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $15.00 to $6.25 in a research report on Tuesday, November 3rd. Finally, Zacks Research raised ADTRAN from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.21.

Institutional Investors Weigh In On ADTRAN

Several institutional investors have recently modified their holdings of ADTN. Integrated Wealth Concepts LLC bought a new position in shares of ADTRAN during the 2nd quarter valued at approximately $27,000. Persistent Asset Partners Ltd bought a new stake in ADTRAN in the second quarter worth $28,000. Global Retirement Partners LLC bought a new stake in ADTRAN in the third quarter worth $29,000. State of Alaska Department of Revenue lifted its position in ADTRAN by 44.3% in the third quarter. State of Alaska Department of Revenue now owns 5,589 shares of the communications equipment provider’s stock worth $38,000 after buying an additional 1,717 shares during the last quarter. Finally, StoneX Group Inc. purchased a new position in ADTRAN during the third quarter worth $135,000. 80.56% of the stock is owned by institutional investors.

About ADTRAN

ADTRAN Holdings, Inc. is a global provider of networking and communications equipment, software, and services. Its products help communications service providers and businesses build and manage broadband and other communications networks. The company’s offerings include fiber-optic access systems, broadband access equipment, optical transport and Ethernet solutions, and cloud-managed Wi-Fi and network-management software. These products support connections between service providers’ networks and homes, businesses, and other locations.