Analyst Activity – Needham & Company LLC Raises Its Price Target On ADTRAN (NASDAQ:ADTN) to $25.00

ME Staff
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Analyst Ratings For ADTRAN (NASDAQ:ADTN)

Today, Needham & Company LLC raised its price target on ADTRAN (NASDAQ:ADTN) to $25.00 per share.

There are 1 hold rating, 4 buy ratings on the stock.

The current consensus rating on ADTRAN (NASDAQ:ADTN) is Buy (Score: 2.80) with a consensus target price of $24.20 per share, a potential 1.68% upside.

Some recent analyst ratings include

  • 7/4/2017-Northland Securities Reiterated Rating of Buy.
  • 4/24/2017-MKM Partners Reiterated Rating of Buy.
  • 4/20/2017-Argus Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 4/18/2016-Goldman Sachs Group, Inc. (The) was Downgraded by analysts at Goldman Sachs Group, Inc. (The) from a “Neutral ” rating to a ” Sell” rating. They now have a $17.00 price target on the stock, up previously from $18.00 .

Dividend information for ADTRAN (NASDAQ:ADTN)

ADTRAN (NASDAQ:ADTN) pays an annual dividend of Community Ranking: with a yield of 1.51%.

Dividend History for ADTRAN (NASDAQ:ADTN)

  • On 7/18/2017 ADTRAN announced a quarterly dividend of $0.09 with an ex dividend date of 8/1/2017 which will be payable on 8/17/2017.
  • On 4/18/2017 ADTRAN announced a quarterly dividend of $0.09 1.82% with an ex dividend date of 5/2/2017 which will be payable on 5/18/2017.
  • On 1/17/2017 ADTRAN announced a quarterly dividend of $0.09 1.59% with an ex dividend date of 1/31/2017 which will be payable on 2/16/2017.
  • On 10/18/2016 ADTRAN announced a quarterly dividend of $0.09 1.8% with an ex dividend date of 11/1/2016 which will be payable on 11/17/2016.
  • On 7/12/2016 ADTRAN announced a quarterly dividend of $0.09 1.88% with an ex dividend date of 7/26/2016 which will be payable on 8/11/2016.
  • On 4/12/2016 ADTRAN announced a quarterly dividend of $0.09 1.82% with an ex dividend date of 4/26/2016 which will be payable on 5/12/2016.
  • On 1/19/2016 ADTRAN announced a quarterly dividend of $0.09 1.9% with an ex dividend date of 2/2/2016 which will be payable on 2/18/2016.

Recent Insider Trading Activity For ADTRAN (NASDAQ:ADTN)
ADTRAN (NASDAQ:ADTN) has insider ownership of 2.96% and institutional ownership of 91.50%.

  • On 4/28/2015 Thomas R Stanton, CEO, bought 31,200 with an average share price of $16.05 per share and the total transaction amounting to $500,760.00. View SEC Filing
  • On 4/24/2015 James E Matthews, Director, sold 23,000 with an average share price of $16.03 per share and the total transaction amounting to $368,690.00. View SEC Filing
  • On 8/29/2014 Kevin P Heering, SVP, sold 5,650 with an average share price of $23.10 per share and the total transaction amounting to $130,515.00. View SEC Filing
  • On 7/21/2014 Robert A Fredrickson, VP, sold 2,577 with an average share price of $22.07 per share and the total transaction amounting to $56,874.39. View SEC Filing
  • On 7/16/2013 Robert A Fredrickson, VP, sold 3,750 with an average share price of $25.35 per share and the total transaction amounting to $95,062.50. View SEC Filing

Recent Trading Activity for ADTRAN (NASDAQ:ADTN)
Shares of ADTRAN closed the previous trading session at 23.80 up +1.80 8.18% with 1,353,238 shares trading hands.