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Medtech acquisitions: DePuy Synthes, Medtronic add to portfolios
DePuy Synthes has acquired Expanding Innovations Inc., strengthening its Spine portfolio with expandable implant technology for spine surgery, including the X-PAC TLIF, LLIF, and N-GAGE systems. Concurrently, Medtronic plc completed its acquisition of SPR Therapeutics, valuing it at $650 million, to expand its offerings …
Goldman Sachs trims Adtran stake to 6.37% from 6.74%
Goldman Sachs has reduced its total voting rights stake in ADTRAN to 6.37% from 6.74% as of July 13. This change saw their equity voting rights decrease while voting rights via instruments increased. The information was initially published by ADTRAN Holdings Inc. via EQS …
Adtran Holdings, Inc.: Release according to Article 40, Section 1 of the WpHG [the German Securities
Adtran Holdings, Inc. has issued a release according to Article 40, Section 1 of the German Securities Trading Act, announcing a change in major holdings. The Goldman Sachs Group, Inc. has reported an acquisition/disposal of shares with voting rights, indicating a total position of …
Heartland Advisors Inc. Acquires Shares of 750,000 ADTRAN Holdings, Inc. $ADTN
Heartland Advisors Inc. has disclosed a new first-quarter position in ADTRAN Holdings, purchasing 750,000 shares valued at approximately $9.44 million, representing about 0.93% of the company. ADTRAN's stock, currently trading around $11.65, reported first-quarter EPS of $0.14, beating estimates, and revenue of $286.09 million, …
Hillsdale Investment Management Inc. Sells 471,350 Shares of ADTRAN Holdings, Inc. $ADTN
Hillsdale Investment Management Inc. significantly reduced its stake in ADTRAN Holdings, Inc. (NASDAQ:ADTN), selling 95.4% of its shares in the first quarter. Despite this, other hedge funds increased their positions in ADTRAN, and the company reported better-than-expected quarterly earnings with revenue up 15.5%. Analysts …
Medtronic and Apollo Hospitals Announce Strategic Partnership to Establish State-of-the-Art Advanced ICU in Hyderabad
Medtronic and Apollo Hospitals have partnered to open an 11-bed "ICU of the Future" at Apollo Hospitals, Jubilee Hills, Hyderabad. This advanced Intensive Care Unit integrates Medtronic's Acute Care & Monitoring technologies to enhance critical care infrastructure and foster collaboration between clinicians and technology …
ADTRAN Holdings (NASDAQ: ADTN) sets up automatic shelf for mixed securities offerings
ADTRAN Holdings, Inc. (NASDAQ: ADTN) has filed an automatic shelf registration statement on Form S-3, designating itself as a well-known seasoned issuer. This registration allows the company and future selling securityholders to offer various types of securities, including common stock, preferred stock, debt, and …
Sharemaestro market context Price below Trend Line 52 weeks -8.4%ADTRAN Holdings, Inc. (NASDAQ:ADTN) Given Consensus Recommendation of "Moderate Buy" by Analysts
ADTRAN Holdings, Inc. (NASDAQ:ADTN) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $18.00. This follows positive analyst updates, including Rosenblatt raising its target to $20, and the company reporting stronger-than-expected quarterly earnings and revenue. Despite a …
Sharemaestro market context Price below Trend Line 52 weeks -8.4%Medtronic (MDT) Completes SPR Therapeutics Deal To Expand Non Opioid Pain Care
Medtronic (MDT) has finalized its acquisition of SPR Therapeutics, integrating a minimally invasive, non-opioid pain treatment into its diverse pain therapy portfolio. This strategic move aims to broaden Medtronic's offerings in pain care, particularly in peripheral nerve stimulation, aligning with the growing demand for …
Is ADTRAN (ADTN) Quietly Redefining Its Growth Story Through Rural Broadband Partnerships?
ADTRAN Holdings is expanding its role in rural broadband initiatives through partnerships with Silo Communications and Oso Internet Solutions, deploying fiber access platforms and software in underserved areas. These projects reinforce the company's investment narrative, leveraging public and private funding for fiber upgrades, and …
Sharemaestro market context Price below Trend Line 52 weeks -8.4%Medtronic completes $650M acquisition of SPR Therapeutics
Medtronic (NYSE: MDT) has finalized its $650 million acquisition of SPR Therapeutics, a company specializing in short-term peripheral nerve stimulation for pain management. This strategic move strengthens Medtronic's presence in the healthcare equipment industry by integrating SPR's FDA-cleared SPRINT PNS System, a non-opioid, non-surgical …
ADTRAN Holdings (ADTN) Gains Broadband Win On A Narrative That Still Looks Undervalued
ADTRAN Holdings (ADTN) secured a significant broadband contract with Oso Internet Solutions to provide high-speed connectivity to the Ramah Navajo Indian Reservation, highlighting its role in critical infrastructure. Despite a short-term dip in its stock price, the company's shares are up 43.2% year-to-date and …
Sharemaestro market context Price below Trend Line 52 weeks -8.4%Medtronic completes acquisition of SPR, expanding patient access to minimally invasive, non-opioid treatment of chronic and acute pain
Medtronic has completed its acquisition of SPR Therapeutics, Inc. for $650 million, integrating SPR's SPRINT® PNS System into its pain therapy portfolio. This expands Medtronic's offerings for chronic and acute pain management with a minimally invasive, non-opioid treatment that does not require a permanent …
Medtronic Adds 60-Day Pain Therapy Without Permanent Implant
Medtronic (NYSE: MDT) has completed its $650 million cash acquisition of SPR Therapeutics, adding the SPRINT® peripheral nerve stimulation (PNS) technology to its pain therapy portfolio. This acquisition expands Medtronic's offerings for minimally invasive, non-opioid treatments for chronic and acute pain, with clinical data …
Sharemaestro market context Price above Trend Line 52 weeks +15.8% · Next-week setup positive 57.9%Medtronic faces first trial in US hernia mesh injury cases
Medtronic's Covidien unit is facing its first jury trial in Boston over claims that its hernia-repair mesh implants caused injuries. The plaintiff, Larry Patterson, alleges a Symbotex mesh implant led to a bowel obstruction, while Medtronic argues the product worked as designed and other …
Can Viavi Advance Next-Generation Network Security With SHIELD-6G?
Viavi Solutions Inc. secured $1.1 million in funding for the SHIELD-6G project to advance AI-powered security testing for future wireless networks. The company will use its TeraVM AI RAN Scenario Generator to create digital twins of 6G environments for vulnerability identification and security optimization. …
Oso Internet Solutions brings fiber broadband to one of the most remote Navajo communities with Adtran
Oso Internet Solutions is partnering with Adtran to bring high-speed fiber broadband to the Ramah Navajo Indian Reservation, a remote and underserved region in New Mexico. This initiative provides essential connectivity for residents and local businesses, expanding access to online services and creating new …