A10 Networks, Inc. (ATEN) VP Neil Wu Becker Sells 5,155 Shares
A10 Networks, Inc. (NYSE:ATEN) VP Neil Wu Becker sold 5,155 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $6.74, for a total value of $34,744.70. Following the transaction, the vice president now owns 118,946 shares in the company, valued at approximately $801,696.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 value of $33,514.00.
Shares of A10 Networks, Inc. (NYSE:ATEN) traded down 4.49% on Friday, reaching $6.60. The company had a trading volume of 2,613,898 shares. The company’s 50-day moving average price is $6.56 and its 200-day moving average price is $7.98. The firm’s market capitalization is $389.60 million. A10 Networks, Inc. has a 52-week low of $6.02 and a 52-week high of $10.87.
A10 Networks (NYSE:ATEN) last announced its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.04) earnings per share for the quarter, topping the 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 business had revenue of $53.69 million during the quarter, compared to the consensus estimate of $52.99 million. During the same period in the prior year, the company earned ($0.02) EPS. A10 Networks’s revenue for the quarter was down 6.0% on a year-over-year basis. On average, analysts predict that A10 Networks, Inc. will post ($0.08) earnings per share for the current year.
Hedge funds have recently made changes to their positions in the stock. Campbell & CO Investment Adviser LLC lifted its position 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 buying an additional 146 shares during the last quarter. Gotham Asset Management LLC bought a new stake in shares of A10 Networks during the 1st quarter worth $103,000. Airain ltd bought a new stake in shares of A10 Networks during the 1st quarter worth $112,000. KCG Holdings Inc. bought a new stake in shares of A10 Networks during the 1st quarter worth $115,000. Finally, US Bancorp DE lifted its position 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 buying an additional 13,719 shares during the last quarter. Institutional investors and hedge funds own 56.51% of the company’s stock.
Several equities analysts have commented on the company. BidaskClub upgraded A10 Networks from a “strong sell” rating to a “sell” rating in a report on Friday. Bank of America Corporation lowered their price objective on shares of 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 shares of A10 Networks to $9.00 and gave the stock a “buy” rating in a research note on Friday, July 14th. KeyCorp downgraded shares of A10 Networks from an “overweight” rating to a “sector weight” rating in a research note on Friday, July 14th. Finally, ValuEngine downgraded shares of A10 Networks from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock has a consensus 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.
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