A10 Networks, Inc. (NYSE:ATEN) VP Neil Wu Becker sold 5,155 shares of the business’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $6.74, for a total transaction of $34,744.70. Following the completion of the transaction, the vice president now directly owns 118,946 shares of the company’s stock, valued at approximately $801,696.04. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Neil Wu Becker also recently made the following trade(s):

  • On Thursday, August 10th, Neil Wu Becker sold 5,156 shares of A10 Networks stock. The shares were sold at an average price of $6.50, for a total transaction of $33,514.00.

A10 Networks, Inc. (NYSE:ATEN) traded down 4.49% during mid-day trading on Friday, reaching $6.60. The company’s stock had a trading volume of 2,613,898 shares. The firm’s market capitalization is $389.60 million. The firm has a 50-day moving average of $6.55 and a 200 day moving average of $8.01. A10 Networks, Inc. has a 1-year low of $6.02 and a 1-year high of $10.87.

A10 Networks (NYSE:ATEN) last posted its quarterly earnings results on Thursday, July 27th. The communications equipment provider reported ($0.04) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.06. A10 Networks had a negative return on equity of 20.33% and a negative net margin of 8.00%. The company had revenue of $53.69 million during the quarter, compared to the consensus estimate of $52.99 million. During the same period last year, the business earned ($0.02) EPS. The business’s quarterly revenue was down 6.0% on a year-over-year basis. Equities analysts expect that A10 Networks, Inc. will post ($0.08) earnings per share for the current year.

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Institutional investors and hedge funds have recently bought and sold shares of the company. Campbell & CO Investment Adviser LLC raised its stake in shares of A10 Networks by 1.3% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 11,826 shares of the communications equipment provider’s stock worth $100,000 after purchasing an additional 146 shares in the last quarter. Gotham Asset Management LLC purchased a new stake in shares of A10 Networks during the 1st quarter worth about $103,000. Airain ltd purchased a new stake in shares of A10 Networks during the 1st quarter worth about $112,000. KCG Holdings Inc. purchased a new stake in shares of A10 Networks during the 1st quarter worth about $115,000. Finally, US Bancorp DE raised its stake in shares of A10 Networks by 618.0% during the 1st quarter. US Bancorp DE now owns 15,939 shares of the communications equipment provider’s stock worth $146,000 after purchasing an additional 13,719 shares in the last quarter. 56.51% of the stock is owned by institutional investors.

Several research analysts recently weighed in on the stock. BidaskClub raised shares of A10 Networks from a “strong sell” rating to a “sell” rating in a research note on Friday. ValuEngine cut A10 Networks from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Zacks Investment Research cut A10 Networks from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Bank of America Corporation lowered their price target on A10 Networks from $10.00 to $8.50 and set a “buy” rating for the company in a report on Friday, July 14th. Finally, DA Davidson lifted their price target on A10 Networks to $9.00 and gave the company a “buy” rating in a report on Friday, July 14th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target 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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