Adtran Holdings: Morgan Stanley Increases Voting Rights Stake to 3.72% as of July 31, 2025

Tuesday, Aug 12, 2025 4:13 pm ET1min read

Morgan Stanley has acquired a 2.9% stake in Adtran Holdings, Inc., bringing the total percentage of voting rights to 3.72%. This is a change from the previous notification where the total percentage was 3.74%. The acquisition was made through the purchase of 231,917 shares and the exercise of options.

Morgan Stanley has recently acquired a 2.9% stake in Adtran Holdings, Inc., bringing the total percentage of voting rights to 3.72%. This acquisition was announced through a voting rights notification on July 30, 2025, as per the German Securities Trading Act [1]. The notification details that Morgan Stanley purchased 231,917 shares and exercised options, resulting in a change from the previous total of 3.74% voting rights.

Adtran Holdings, Inc., a leading provider of broadband access and networking gear, has seen its shares surge by approximately 42.8% over the past year, outperforming the S&P 500’s 13.6% return. The company reported a 17% year-on-year revenue growth in Q2 2025, driven by fiber upgrades and increased spending on network modernization [2]. The acquisition by Morgan Stanley comes at a time when the company is experiencing rapid revenue growth and is expected to see full-year 2025 revenue around $1.04 billion, with non-GAAP operating margins of 3% to 7%.

The acquisition aligns with Morgan Stanley’s strategy to diversify its investment portfolio and capitalize on growth opportunities in the telecom-equipment sector. Adtran’s recent turnaround, marked by improved margins and positive free cash flow, presents an attractive investment proposition. However, investors should be cautious about the company’s high volatility and leverage concerns, as well as the competitive landscape dominated by industry giants like Cisco, Nokia, and Ericsson.

References:
[1] https://www.eqs-news.com/news/voting-rights/morgan-stanley-wilmington-delaware-united-states-of-america-usa/0784f27f-0163-4c8a-9a03-bbe420a99f2e_en
[2] https://finimize.com/content/adtn-asset-snapshot

Adtran Holdings: Morgan Stanley Increases Voting Rights Stake to 3.72% as of July 31, 2025

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