A10 Networks Inc (NYSE:ATEN) CEO Lee Chen sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $8.26, for a total value of $206,500.00. Following the transaction, the chief executive officer now owns 10,786,538 shares in the company, valued at approximately $89,096,803.88. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Lee Chen also recently made the following trade(s):

  • On Wednesday, May 17th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.15, for a total value of $203,750.00.
  • On Tuesday, May 9th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.19, for a total value of $204,750.00.
  • On Friday, April 28th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.10, for a total value of $202,500.00.
  • On Thursday, April 20th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.78, for a total value of $219,500.00.
  • On Wednesday, April 12th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.86, for a total value of $221,500.00.
  • On Tuesday, April 4th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $9.04, for a total value of $226,000.00.
  • On Monday, March 27th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $9.14, for a total value of $228,500.00.
  • On Friday, March 24th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $9.21, for a total value of $230,250.00.
  • On Thursday, March 16th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $9.24, for a total value of $231,000.00.
  • On Wednesday, March 8th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $9.16, for a total value of $229,000.00.

A10 Networks Inc (NYSE:ATEN) traded up 2.94% during mid-day trading on Friday, hitting $8.41. The company had a trading volume of 270,802 shares. A10 Networks Inc has a 1-year low of $6.02 and a 1-year high of $10.86. The company has a 50 day moving average of $8.49 and a 200 day moving average of $8.59. The firm’s market capitalization is $496.44 million.

Insider Buying and Selling by Quarter for A10 Networks (NYSE:ATEN)

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Hedge funds have recently bought and sold shares of the stock. TIAA CREF Investment Management LLC increased its stake in A10 Networks by 74.6% in the third quarter. TIAA CREF Investment Management LLC now owns 601,662 shares of the communications equipment provider’s stock valued at $6,432,000 after buying an additional 257,100 shares in the last quarter. SECOR Capital Advisors LP increased its stake in A10 Networks by 178.2% in the third quarter. SECOR Capital Advisors LP now owns 306,401 shares of the communications equipment provider’s stock valued at $3,275,000 after buying an additional 196,246 shares in the last quarter. Two Sigma Advisers LP increased its stake in A10 Networks by 229.9% in the third quarter. Two Sigma Advisers LP now owns 543,396 shares of the communications equipment provider’s stock valued at $5,809,000 after buying an additional 378,696 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in A10 Networks during the fourth quarter valued at $1,604,000. Finally, State Street Corp increased its stake in A10 Networks by 8.2% in the fourth quarter. State Street Corp now owns 743,685 shares of the communications equipment provider’s stock valued at $6,178,000 after buying an additional 56,483 shares in the last quarter. 54.05% of the stock is owned by hedge funds and other institutional investors.

ATEN has been the topic of a number of research analyst reports. Zacks Investment Research downgraded A10 Networks from a “hold” rating to a “sell” rating in a report on Monday, March 27th. Dougherty & Co upped their target price on A10 Networks from $10.00 to $10.50 and gave the stock a “buy” rating in a report on Friday, February 10th.

About A10 Networks

A10 Networks, Inc is a provider of software and hardware solutions. The Company’s solutions enable its customers to secure and optimize the performance of their data center and cloud applications, and secure their users, applications and infrastructure from Internet, Web and network threats at scale.

12 Month Chart for NYSE:ATEN

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