ADTRAN, Inc. is a provider of telecommunications networking equipment and internetworking products. Its headquarters are in Huntsville, Alabama. The company is ISO 9001 and TL9000 certified.
Company profile
Ticker
ADTN
Exchange
Website
CEO
Thomas R. Stanton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • Netgear • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne • Sonim ...
Former names
ADTRAN INC
SEC CIK
Corporate docs
Subsidiaries
ADTRAN Networks Pty. Ltd • ADTRAN Networks Comunicações Ltda. • ADTRAN Canada, Inc. • ADTRAN d.o.o. • ADTRAN, Inc. • ADTRAN International, Inc. • ADTRAN Networks Worldwide, Inc. • ADTRAN Networks, LLC • Bluesocket, Inc. • ADTRAN GmbH ...
IRS number
630918200
ADTN stock data
Latest filings (excl ownership)
8-K
Cost Associated with Exit or Disposal Activities
17 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Results of Operations and Financial Condition
15 Mar 24
Transcripts
ADTN
Earnings call transcript
2023 Q4
27 Feb 24
ADTN
Earnings call transcript
2023 Q3
7 Nov 23
ADTN
Earnings call transcript
2023 Q2
8 Aug 23
ADTN
Earnings call transcript
2023 Q1
9 May 23
ADTN
Earnings call transcript
2022 Q4
21 Feb 23
ADTN
Earnings call transcript
2022 Q3
8 Nov 22
ADTN
Earnings call transcript
2022 Q2
8 Aug 22
ADTN
Earnings call transcript
2022 Q1
8 May 22
ADTN
Earnings call transcript
2021 Q4
3 Feb 22
ADTN
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
SC 13G
Divisar Capital Management LLC
25 Mar 24
SC 13G
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
12 Feb 24
SC 13G/A
VANGUARD GROUP INC
12 Feb 24
SC 13G/A
VANGUARD GROUP INC
12 Feb 24
4
James Denson Wilson Jr
30 Jan 24
4
Christoph Glingener
30 Jan 24
4
Ulrich Dopfer
30 Jan 24
4
THOMAS R STANTON
30 Jan 24
4
James Denson Wilson Jr
23 Jan 24
4
THOMAS R STANTON
23 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 116.09 mm | 116.09 mm | 116.09 mm | 116.09 mm | 116.09 mm | 116.09 mm |
Cash burn (monthly) | 2.73 mm | (no burn) | 30.73 mm | 18.46 mm | (no burn) | 2.57 mm |
Cash used (since last report) | 18.61 mm | n/a | 209.19 mm | 125.62 mm | n/a | 17.48 mm |
Cash remaining | 97.48 mm | n/a | -93.10 mm | -9.53 mm | n/a | 98.62 mm |
Runway (months of cash) | 35.7 | n/a | -3.0 | -0.5 | n/a | 38.4 |
Institutional ownership, Q3 2023
85.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 164 |
Opened positions | 22 |
Closed positions | 21 |
Increased positions | 63 |
Reduced positions | 62 |
13F shares | Current |
---|---|
Total value | 511.93 bn |
Total shares | 67.77 mm |
Total puts | 75.80 k |
Total calls | 83.10 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 12.79 mm | $105.28 bn |
Vanguard | 8.92 mm | $73.39 bn |
Brian Protiva | 4.89 mm | $98.77 mm |
BK Bank Of New York Mellon | 3.42 mm | $28.16 bn |
DnB Asset Management AS | 3.11 mm | $25.56 bn |
STT State Street | 2.79 mm | $22.99 bn |
William Blair Investment Management | 2.41 mm | $19.80 bn |
Fuller & Thaler Asset Management | 2.11 mm | $17.40 bn |
Divisar Capital Management | 1.96 mm | $16.12 bn |
Needham Investment Management | 1.75 mm | $14.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jan 24 | Christoph Glingener | Common Stock | Grant | Acquire A | No | No | 0 | 12,044 | 0.00 | 19,669 |
26 Jan 24 | Ulrich Dopfer | Common Stock | Grant | Acquire A | No | No | 0 | 13,321 | 0.00 | 22,253 |
26 Jan 24 | Wilson James Denson Jr | Common Stock | Grant | Acquire A | No | No | 0 | 11,516 | 0.00 | 107,384.486 |
26 Jan 24 | Stanton Thomas R | Common Stock | Grant | Acquire A | No | No | 0 | 129,958 | 0.00 | 856,629.51 |
20 Jan 24 | Wilson James Denson Jr | Common Stock | Payment of exercise | Dispose F | No | No | 7.03 | 1,096 | 7.70 k | 95,868.486 |
News
ADTRAN Says It Determined On April 11, 2024 To Close Its Facility In Greifswald, Germany, Within Next Three Months - Filing
17 Apr 24
Needham Reiterates Buy on Adtran Holdings, Maintains $8 Price Target
17 Apr 24
Adtran Announced Unit Adva Network Security Launched Strategic Project Within European Collaboration To Create Sovereign Clouds
20 Mar 24
Adtran Holdings Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)
28 Feb 24
Rosenblatt Maintains Neutral on Adtran Holdings, Lowers Price Target to $7.5
28 Feb 24
Press releases
ADTRAN Holdings, Inc. to Release First Quarter 2024 Earnings on May 6, 2024
16 Apr 24
ADTN INVESTOR NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - ADTN
8 Apr 24
ROSEN, LEADING TRIAL ATTORNEYS, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – ADTN
4 Apr 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ADTRAN Holdings, Inc. - ADTN
31 Mar 24
ROSEN, A LEADING NATIONAL FIRM, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - ADTN
31 Mar 24