A10 Networks, Inc. (ATEN) Scheduled to Post Quarterly Earnings on Friday
A10 Networks, Inc. (NYSE:ATEN) will issue its quarterly earnings data after the market closes on Friday, July 28th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
Shares of A10 Networks, Inc. (NYSE ATEN) opened at 6.84 on Friday. The stock’s 50 day moving average is $8.17 and its 200 day moving average is $8.57. A10 Networks, Inc. has a 12 month low of $6.35 and a 12 month high of $10.86. The firm’s market cap is $403.77 million.
Several research analysts have issued reports on ATEN shares. Zacks Investment Research lowered shares of A10 Networks from a “hold” rating to a “sell” rating in a report on Tuesday. KeyCorp lowered shares of A10 Networks from an “overweight” rating to a “sector weight” rating in a report on Friday, July 14th. DA Davidson raised their price target on shares of A10 Networks to $9.00 and gave the stock a “buy” rating in a report on Friday, July 14th. Finally, Bank of America Corporation lowered their price target on shares of A10 Networks from $10.00 to $8.50 and set a “buy” rating for the company in a report on Friday, July 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. A10 Networks has an average rating of “Hold” and a consensus target price of $9.60.
In other news, EVP Robert D. Cochran sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 5th. The shares were sold at an average price of $8.13, for a total transaction of $40,650.00. Following the completion of the sale, the executive vice president now owns 189,662 shares of the company’s stock, valued at approximately $1,541,952.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lee Chen sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, April 28th. The stock was sold at an average price of $8.10, for a total transaction of $202,500.00. Following the sale, the chief executive officer now directly owns 10,887,238 shares of the company’s stock, valued at approximately $88,186,627.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 312,702 shares of company stock valued at $2,554,846. Insiders own 34.05% of the company’s stock.
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.
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