A10 Networks, Inc. (NYSE:ATEN) CEO Lee Chen sold 25,000 shares of A10 Networks stock in a transaction that occurred on Tuesday, July 18th. The stock was sold at an average price of $6.99, for a total transaction of $174,750.00. Following the transaction, the chief executive officer now directly owns 10,586,538 shares in the company, valued at approximately $73,999,900.62. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Monday, July 10th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.02, for a total transaction of $200,500.00.
  • On Friday, July 7th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.06, for a total transaction of $201,500.00.
  • On Thursday, June 29th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.48, for a total transaction of $212,000.00.
  • On Wednesday, June 21st, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.46, for a total transaction of $211,500.00.
  • On Tuesday, June 13th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.49, for a total transaction of $212,250.00.
  • On Monday, June 5th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.37, for a total transaction of $209,250.00.
  • On Friday, June 2nd, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.48, for a total transaction of $212,000.00.
  • On Thursday, May 25th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $8.26, for a total transaction of $206,500.00.
  • 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 transaction 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 transaction of $204,750.00.

A10 Networks, Inc. (NYSE ATEN) traded up 1.01% during mid-day trading on Wednesday, hitting $7.03. 976,939 shares of the stock were exchanged. The company’s market capitalization is $414.98 million. The stock has a 50 day moving average price of $8.25 and a 200 day moving average price of $8.60. A10 Networks, Inc. has a 1-year low of $6.35 and a 1-year high of $10.86.

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Several research firms recently weighed in on ATEN. Zacks Investment Research raised shares of A10 Networks from a “sell” rating to a “hold” rating in a research note on Tuesday, April 11th. Bank of America Corporation dropped their target price on shares of A10 Networks from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Friday, July 14th. DA Davidson raised their target price on shares of A10 Networks to $9.00 and gave the stock a “buy” rating in a report on Friday, July 14th. Finally, KeyCorp downgraded shares of A10 Networks from an “overweight” rating to a “sector weight” rating in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $9.60.

Several institutional investors have recently modified their holdings of ATEN. Russell Investments Group Ltd. purchased a new position in shares of A10 Networks during the fourth quarter worth $1,604,000. State Street Corp raised 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 worth $6,178,000 after buying an additional 56,483 shares during the last quarter. A.R.T. Advisors LLC bought a new stake in A10 Networks during the fourth quarter worth approximately $112,000. Tudor Investment Corp Et Al raised its stake in A10 Networks by 1.1% in the fourth quarter. Tudor Investment Corp Et Al now owns 26,310 shares of the communications equipment provider’s stock worth $219,000 after buying an additional 292 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in A10 Networks by 25.8% in the fourth quarter. AQR Capital Management LLC now owns 285,384 shares of the communications equipment provider’s stock worth $2,372,000 after buying an additional 58,616 shares during the last quarter. 57.69% of the stock is currently owned by institutional investors.

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.

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

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