Aptus Capital Advisors LLC Has $8.14 Million Position in A10 Networks, Inc. $ATEN

Aptus Capital Advisors LLC raised its holdings in A10 Networks, Inc. (NYSE:ATEN) by 38.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 448,423 shares of the communications equipment provider’s stock after acquiring an additional 124,731 shares during the quarter. Aptus Capital Advisors LLC owned about 0.63% of A10 Networks worth $8,139,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Penserra Capital Management LLC lifted its stake in shares of A10 Networks by 56.2% in the 2nd quarter. Penserra Capital Management LLC now owns 3,964,989 shares of the communications equipment provider’s stock valued at $76,722,000 after purchasing an additional 1,425,792 shares during the period. Legal & General Group Plc lifted its stake in A10 Networks by 348.6% in the second quarter. Legal & General Group Plc now owns 992,678 shares of the communications equipment provider’s stock valued at $19,208,000 after buying an additional 771,405 shares during the period. Barclays PLC boosted its holdings in A10 Networks by 103.7% during the third quarter. Barclays PLC now owns 1,365,259 shares of the communications equipment provider’s stock worth $24,779,000 after buying an additional 695,150 shares during the last quarter. Boston Trust Walden Corp grew its position in shares of A10 Networks by 22.1% during the 3rd quarter. Boston Trust Walden Corp now owns 2,639,992 shares of the communications equipment provider’s stock worth $47,916,000 after buying an additional 477,196 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of A10 Networks by 39.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,306,664 shares of the communications equipment provider’s stock valued at $25,284,000 after acquiring an additional 367,901 shares during the last quarter. Institutional investors and hedge funds own 98.61% of the company’s stock.

Analyst Ratings Changes

ATEN has been the subject of a number of analyst reports. Wall Street Zen cut shares of A10 Networks from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. BTIG Research reiterated a “buy” rating and set a $22.00 target price on shares of A10 Networks in a report on Friday, February 20th. Mizuho raised their price target on A10 Networks from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. BWS Financial lifted their price objective on A10 Networks from $24.00 to $28.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of A10 Networks in a report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, A10 Networks currently has a consensus rating of “Moderate Buy” and an average target price of $23.00.

Insider Buying and Selling

In other news, CEO Dhrupad Trivedi sold 33,334 shares of the business’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 completion of the sale, the chief executive officer owned 713,597 shares of the company’s stock, valued at approximately $14,664,418.35. The trade was a 4.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.15% of the stock is currently owned by corporate insiders.

A10 Networks Trading Down 1.9%

Shares of NYSE:ATEN opened at $20.46 on Friday. A10 Networks, Inc. has a 52-week low of $13.81 and a 52-week high of $21.31. 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 company has a market capitalization of $1.47 billion, a P/E ratio of 35.28 and a beta of 1.22. The company has a 50-day simple moving average of $18.64 and a 200 day simple moving average of $18.02.

A10 Networks (NYSE:ATEN) last posted its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share 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 previous year, the firm posted $0.24 EPS. The company’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. Sell-side analysts forecast that A10 Networks, Inc. will post 0.69 earnings per share for the current year.

A10 Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Monday, February 16th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.24 annualized dividend and a dividend yield of 1.2%. A10 Networks’s dividend payout ratio is presently 41.38%.

About A10 Networks

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.