Bienville Capital Management LLC Makes New Investment in ADTRAN Holdings, Inc. $ADTN

Posted by Stanley Muller on Sep 10th, 2026

Bienville Capital Management LLC bought a new position in shares of ADTRAN Holdings, Inc. (NASDAQ:ADTN – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 127,247 shares of the communications equipment provider’s stock, valued at approximately $1,769,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of ADTRAN in the 2nd quarter valued at approximately $108,923,000. DNB Asset Management AS grew its stake in ADTRAN by 7.6% in the fourth quarter. DNB Asset Management AS now owns 3,123,679 shares of the communications equipment provider’s stock worth $27,145,000 after purchasing an additional 219,810 shares during the period. Millennium Management LLC raised its holdings in ADTRAN by 371.2% in the fourth quarter. Millennium Management LLC now owns 2,694,800 shares of the communications equipment provider’s stock worth $23,418,000 after purchasing an additional 2,122,844 shares in the last quarter. Royce & Associates LP lifted its position in ADTRAN by 7.7% during the fourth quarter. Royce & Associates LP now owns 2,597,013 shares of the communications equipment provider’s stock valued at $22,568,000 after buying an additional 186,238 shares during the period. Finally, State Street Corp lifted its position in ADTRAN by 4.5% during the fourth quarter. State Street Corp now owns 1,985,890 shares of the communications equipment provider’s stock valued at $17,257,000 after buying an additional 86,382 shares during the period. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ADTN shares. Wall Street Zen downgraded shares of ADTRAN from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Evercore set a $11.00 price objective on shares of ADTRAN in a research note on Wednesday, August 5th. Zacks Research cut shares of ADTRAN from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Craig Hallum set a $12.00 target price on shares of ADTRAN in a research note on Wednesday, August 5th. Finally, Needham & Company LLC cut their price target on ADTRAN from $18.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $14.67.

Check Out Our Latest Analysis on ADTN

ADTRAN Price Performance

ADTN opened at $7.20 on Thursday. The firm has a market cap of $586.66 million, a PE ratio of -25.71, a P/E/G ratio of 4.64 and a beta of 1.47. The stock has a 50-day moving average price of $9.36 and a 200-day moving average price of $12.40. ADTRAN Holdings, Inc. has a 1 year low of $7.04 and a 1 year high of $19.98. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.79 and a quick ratio of 1.19.

ADTRAN (NASDAQ:ADTN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The communications equipment provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.06). The firm had revenue of $281.15 million for the quarter, compared to analysts’ expectations of $290.19 million. ADTRAN had a negative net margin of 2.29% and a positive return on equity of 14.24%. ADTRAN’s revenue for the quarter was up 6.0% on a year-over-year basis. Sell-side analysts predict that ADTRAN Holdings, Inc. will post 0.16 earnings per share for the current fiscal year.

ADTRAN Profile

(Free Report)

ADTRAN, Inc is a global provider of networking and communications equipment, specializing in broadband access solutions for service providers, enterprises and government organizations. Founded in 1985 and headquartered in Huntsville, Alabama, the company develops and delivers hardware and software platforms that enable high-speed Internet access over fiber, copper and wireless networks. Its core offerings include fiber access and aggregation equipment, Ethernet switches, customer premises equipment (CPE) and network management systems designed to support both legacy and next-generation broadband deployments.

The company’s product portfolio encompasses a broad range of optical line terminals (OLTs), optical network terminals (ONTs), multiservice access gateways and virtualized access solutions.