Fintel reports that on January 8, 2025, Craig-Hallum initiated coverage of ADTRAN Holdings (XTRA:QH9) with a Buy recommendation.
Analyst Price Forecast Suggests 0.93% Downside
As of December 23, 2024, the average one-year price target for ADTRAN Holdings is 9,68 €/share. The forecasts range from a low of 8,80 € to a high of 11,19 €. The average price target represents a decrease of 0.93% from its latest reported closing price of 9,77 € / share.
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The projected annual revenue for ADTRAN Holdings is 1,952MM, an increase of 115.61%. The projected annual non-GAAP EPS is 2.88.
What is the Fund Sentiment?
There are 323 funds or institutions reporting positions in ADTRAN Holdings. This is an decrease of 35 owner(s) or 9.78% in the last quarter. Average portfolio weight of all funds dedicated to QH9 is 0.11%, an increase of 22.63%. Total shares owned by institutions decreased in the last three months by 9.51% to 69,735K shares.
What are Other Shareholders Doing?
Divisar Capital Management holds 6,083K shares representing 7.70% ownership of the company. In its prior filing, the firm reported owning 5,740K shares , representing an increase of 5.63%. The firm increased its portfolio allocation in QH9 by 16.32% over the last quarter.
DnB Asset Management AS holds 4,838K shares representing 6.13% ownership of the company. In its prior filing, the firm reported owning 4,632K shares , representing an increase of 4.26%. The firm increased its portfolio allocation in QH9 by 11.43% over the last quarter.
William Blair Investment Management holds 4,532K shares representing 5.74% ownership of the company. In its prior filing, the firm reported owning 4,437K shares , representing an increase of 2.10%. The firm increased its portfolio allocation in QH9 by 8.29% over the last quarter.
Paradigm Capital Management holds 2,460K shares representing 3.11% ownership of the company. In its prior filing, the firm reported owning 2,447K shares , representing an increase of 0.51%. The firm decreased its portfolio allocation in QH9 by 36.43% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,177K shares representing 2.76% ownership of the company. No change in the last quarter.
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