A10 Networks, Inc. (NYSE:ATEN) CEO Lee Chen sold 25,000 shares of the stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $6.35, for a total value of $158,750.00. Following the completion of the transaction, the chief executive officer now directly owns 10,561,538 shares in the company, valued at approximately $67,065,766.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Tuesday, July 18th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.99, for a total value of $174,750.00.
  • 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $203,750.00.

A10 Networks, Inc. (ATEN) traded down 1.85% on Wednesday, hitting $6.37. The stock had a trading volume of 1,016,839 shares. The company has a 50 day moving average price of $8.07 and a 200-day moving average price of $8.55. The company’s market cap is $441.68 million. A10 Networks, Inc. has a 52-week low of $6.25 and a 52-week high of $10.86.

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Hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp increased its stake in shares of A10 Networks by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 209,963 shares of the communications equipment provider’s stock worth $1,921,000 after buying an additional 8,036 shares during the last quarter. US Bancorp DE increased its stake in shares of A10 Networks by 618.0% in the first quarter. US Bancorp DE now owns 15,939 shares of the communications equipment provider’s stock worth $146,000 after buying an additional 13,719 shares during the last quarter. American Century Companies Inc. increased its stake in shares of A10 Networks by 2.5% in the first quarter. American Century Companies Inc. now owns 76,115 shares of the communications equipment provider’s stock worth $696,000 after buying an additional 1,870 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of A10 Networks by 28.3% in the first quarter. Wells Fargo & Company MN now owns 160,519 shares of the communications equipment provider’s stock worth $1,468,000 after buying an additional 35,385 shares during the last quarter. Finally, Essex Investment Management Co. LLC bought a new stake in shares of A10 Networks during the first quarter worth approximately $1,282,000. Hedge funds and other institutional investors own 57.63% of the company’s stock.

Several research analysts have recently commented on the company. BidaskClub downgraded A10 Networks from a “hold” rating to a “sell” rating in a research note on Monday. Zacks Investment Research downgraded A10 Networks from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Bank of America Corporation decreased their price objective on A10 Networks from $10.00 to $8.50 and set a “buy” rating on the stock in a research note on Friday, July 14th. DA Davidson raised their price objective on A10 Networks to $9.00 and gave the stock a “buy” rating in a research note on Friday, July 14th. Finally, KeyCorp downgraded A10 Networks from an “overweight” rating to a “sector weight” rating in a research note on Friday, July 14th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $9.60.

A10 Networks Company Profile

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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