A10 Networks, Inc. (NYSE:ATEN) CEO Lee Chen sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $7.53, for a total transaction of $188,250.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Friday, October 20th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $7.54, for a total transaction of $188,500.00.
  • On Thursday, October 12th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $7.62, for a total transaction of $190,500.00.
  • On Wednesday, October 4th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $7.73, for a total transaction of $193,250.00.
  • On Tuesday, September 26th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.57, for a total transaction of $164,250.00.
  • On Monday, September 18th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.66, for a total transaction of $166,500.00.
  • On Friday, September 15th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.72, for a total transaction of $168,000.00.
  • On Thursday, September 7th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.57, for a total transaction of $164,250.00.
  • On Wednesday, August 30th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.48, for a total transaction of $162,000.00.
  • On Tuesday, August 22nd, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.09, for a total transaction of $152,250.00.
  • On Monday, August 14th, Lee Chen sold 25,000 shares of A10 Networks stock. The stock was sold at an average price of $6.41, for a total transaction of $160,250.00.

Shares of A10 Networks, Inc. (NYSE:ATEN) traded down 0.66% during trading on Tuesday, hitting $7.47. 392,563 shares of the stock were exchanged. The firm has a 50 day moving average of $7.10 and a 200-day moving average of $7.61. A10 Networks, Inc. has a 12-month low of $6.02 and a 12-month high of $9.94. The company’s market cap is $440.95 million.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $53.69 million for the quarter, compared to analysts’ expectations of $52.99 million. During the same period last year, the business posted ($0.02) earnings per share. The firm’s revenue for the quarter was down 6.0% on a year-over-year basis. On average, analysts forecast that A10 Networks, Inc. will post ($0.03) earnings per share for the current year.

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ATEN has been the subject of several recent analyst reports. Bank of America Corporation reduced their price objective on shares of A10 Networks from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Friday, July 14th. DA Davidson lifted their target price on shares of A10 Networks to $9.00 and gave the company a “buy” rating in a report on Friday, July 14th. Zacks Investment Research raised shares of A10 Networks from a “strong sell” rating to a “hold” rating and set a $8.50 target price on the stock in a report on Tuesday, October 17th. BidaskClub raised shares of A10 Networks from a “sell” rating to a “hold” rating in a report on Saturday, September 30th. Finally, KeyCorp cut 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, four have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $9.50.

A number of hedge funds have recently bought and sold shares of ATEN. Wells Fargo & Company MN lifted its stake in 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 valued at $1,468,000 after buying an additional 35,385 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in 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 valued at $1,921,000 after buying an additional 8,036 shares during the last quarter. Swiss National Bank lifted its stake in A10 Networks by 7.5% in the first quarter. Swiss National Bank now owns 77,500 shares of the communications equipment provider’s stock valued at $709,000 after buying an additional 5,400 shares during the last quarter. American International Group Inc. lifted its stake in A10 Networks by 7.1% in the first quarter. American International Group Inc. now owns 27,138 shares of the communications equipment provider’s stock valued at $248,000 after buying an additional 1,792 shares during the last quarter. Finally, Teachers Advisors LLC lifted its stake in A10 Networks by 9.7% in the first quarter. Teachers Advisors LLC now owns 309,026 shares of the communications equipment provider’s stock valued at $2,828,000 after buying an additional 27,293 shares during the last quarter. Institutional investors own 55.82% of the company’s stock.

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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