ADTRAN (NASDAQ:ADTN) Stock: Insider Timothy Santo Buys 17,820 Shares

Posted by Brenda Bartman on Nov 11th, 2026

ADTRAN Holdings, Inc. (NASDAQ:ADTN – Get Free Report) CFO Timothy Santo acquired 17,820 shares of ADTRAN stock in a transaction on Friday, November 6th. The stock was purchased at an average cost of $4.16 per share, for a total transaction of $74,131.20. Following the purchase, the chief financial officer owned 77,744 shares in the company, valued at approximately $323,415.04. The trade was a 29.74% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

ADTRAN Price Performance

ADTRAN stock opened at $4.41 on Wednesday. The company has a market cap of $359.42 million, a price-to-earnings ratio of -16.96, a PEG ratio of 2.63 and a beta of 1.53. The firm’s fifty day moving average is $6.70 and its 200 day moving average is $10.87. The company has a quick ratio of 1.23, a current ratio of 1.89 and a debt-to-equity ratio of 2.32. ADTRAN Holdings, Inc. has a 52-week low of $3.92 and a 52-week high of $19.98.

ADTRAN (NASDAQ:ADTN – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The communications equipment provider reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm posted $0.05 EPS. The business’s quarterly revenue was up .6% on a year-over-year basis. Sell-side analysts forecast that ADTRAN Holdings, Inc. will post 0.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Evercore set a $11.00 price target on ADTRAN in a report on Wednesday, August 5th. Zacks Research upgraded shares of ADTRAN from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Weiss Ratings downgraded shares of ADTRAN from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, September 16th. Craig Hallum set a $12.00 target price on shares of ADTRAN in a research note on Wednesday, August 5th. Finally, Needham & Company LLC lowered their target price on shares of ADTRAN from $14.00 to $9.00 and set a “buy” rating for the company in a report on Tuesday, November 3rd. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.21.

Get Our Latest Analysis on ADTN

ADTRAN News Summary

Here are the key news stories impacting ADTRAN this week:

Positive Sentiment: Telia Estonia is trialing ADTRAN’s 50G PON technology for next-generation broadband. The trial could help demonstrate the company’s capabilities in faster fiber networks, although it is not yet a reported commercial contract. Article: Telia Estonia trials Adtran 50G PON technology
Positive Sentiment: CFO Timothy Santo bought 17,820 shares for about $74,000, increasing his direct ownership by nearly 30%. Insider buying can signal management confidence, though it does not guarantee improved results. Article: ADTRAN CFO purchases stock
Neutral Sentiment: The latest reported quarter showed adjusted earnings of $0.09 per share, above the $0.04 consensus, while revenue of $281.17 million missed expectations of $285.15 million. Revenue grew just 0.6% year over year, leaving a mixed operating picture.
Negative Sentiment: Rosenblatt Securities downgraded ADTN to neutral and cut its price target from $15 to $6.25, reflecting reduced analyst confidence. The target remains above the recent share price, but the downgrade may weigh on sentiment. ADTRAN analyst and stock information

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Ieq Capital LLC increased its stake in ADTRAN by 656.6% in the third quarter. Ieq Capital LLC now owns 110,241 shares of the communications equipment provider’s stock worth $753,000 after purchasing an additional 95,670 shares during the period. Voya Investment Management LLC increased its holdings in ADTRAN by 15.3% during the 3rd quarter. Voya Investment Management LLC now owns 68,101 shares of the communications equipment provider’s stock worth $465,000 after purchasing an additional 9,026 shares during the period. Global Retirement Partners LLC purchased a new position in ADTRAN during the 3rd quarter worth $29,000. Edgestream Partners L.P. purchased a new stake in shares of ADTRAN in the 3rd quarter worth $263,000. Finally, White Pine Capital LLC bought a new position in shares of ADTRAN during the 3rd quarter worth $3,012,000. Institutional investors own 80.56% of the company’s stock.

About ADTRAN

(Get Free Report)

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.