A10 Networks, Inc. $ATEN Shares Bought by First Trust Advisors LP

First Trust Advisors LP grew its holdings in A10 Networks, Inc. (NYSE:ATEN) by 4.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,034,271 shares of the communications equipment provider’s stock after buying an additional 84,848 shares during the period. First Trust Advisors LP owned 2.84% of A10 Networks worth $36,922,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Jones Financial Companies Lllp boosted its position in A10 Networks by 271.4% during the third quarter. Jones Financial Companies Lllp now owns 1,560 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 1,140 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in A10 Networks in the 3rd quarter valued at about $49,000. CWM LLC lifted its stake in A10 Networks by 38.1% in the 3rd quarter. CWM LLC now owns 3,640 shares of the communications equipment provider’s stock worth $66,000 after purchasing an additional 1,005 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of A10 Networks by 120.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,898 shares of the communications equipment provider’s stock worth $114,000 after purchasing an additional 3,225 shares during the last quarter. Finally, LSV Asset Management acquired a new position in shares of A10 Networks during the 3rd quarter worth approximately $189,000. 98.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ATEN has been the subject of several recent research reports. Wall Street Zen cut A10 Networks from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. DNB Markets set a $9.00 price objective on A10 Networks in a research note on Monday. Weiss Ratings restated a “hold (c+)” rating on shares of A10 Networks in a report on Wednesday, January 21st. BTIG Research reaffirmed a “buy” rating and issued a $22.00 target price on shares of A10 Networks in a research note on Friday, February 20th. Finally, Loop Capital set a $25.00 price target on A10 Networks in a report on Monday. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, A10 Networks has an average rating of “Moderate Buy” and an average price target of $21.29.

Insider Transactions at A10 Networks

In other A10 Networks news, CEO Dhrupad Trivedi sold 33,334 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $20.55, for a total value of $685,013.70. Following the transaction, the chief executive officer owned 713,597 shares of the company’s stock, valued at $14,664,418.35. This represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.15% of the company’s stock.

A10 Networks Trading Up 0.3%

Shares of A10 Networks stock opened at $21.02 on Friday. The stock has a 50 day moving average of $18.87 and a 200 day moving average of $18.12. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.43 and a current ratio of 3.56. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 36.24 and a beta of 1.22. A10 Networks, Inc. has a fifty-two week low of $13.81 and a fifty-two week high of $21.31.

A10 Networks (NYSE:ATEN) last posted its earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.During the same period in the prior year, the company earned $0.24 EPS. A10 Networks’s revenue for the quarter was up 8.3% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. As a group, research analysts predict that A10 Networks, Inc. will post 0.69 earnings per share for the current year.

A10 Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 16th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, February 13th. A10 Networks’s payout ratio is 41.38%.

A10 Networks Profile

A10 Networks, Inc (NYSE: ATEN), headquartered in San Jose, California, designs and sells networking and security solutions that accelerate application performance and protect data across on-premises, cloud and hybrid environments. Founded in 2004, the company’s offerings target enterprises, service providers and cloud operators seeking high availability, secure access and optimized traffic delivery for critical applications.

The company’s core portfolio includes application delivery controllers (ADCs) for load balancing and traffic management, advanced distributed denial-of-service (DDoS) protection appliances, SSL inspection solutions and carrier-grade NAT (CGNAT) platforms.