News stories about A10 Networks (NYSE:ATEN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. A10 Networks earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 44.6104444682671 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of A10 Networks (NYSE ATEN) traded up 0.61% during midday trading on Monday, reaching $6.64. The company’s stock had a trading volume of 341,897 shares. A10 Networks has a 52 week low of $6.02 and a 52 week high of $10.86. The firm’s market capitalization is $391.96 million. The firm’s 50 day moving average is $6.56 and its 200 day moving average is $7.98.

A10 Networks (NYSE:ATEN) last announced its earnings results on Thursday, July 27th. The communications equipment provider reported ($0.04) earnings per share (EPS) 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 business had revenue of $53.69 million for the quarter, compared to analyst estimates of $52.99 million. During the same period in the previous year, the company earned ($0.02) earnings per share. The company’s revenue for the quarter was down 6.0% compared to the same quarter last year. Equities analysts forecast that A10 Networks will post ($0.08) EPS for the current fiscal year.

A number of research firms have weighed in on ATEN. BidaskClub raised A10 Networks from a “strong sell” rating to a “sell” rating in a research note on Friday. Bank of America Corporation lowered their price objective on 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 boosted their price objective on A10 Networks to $9.00 and gave the stock a “buy” rating in a research note on Friday, July 14th. KeyCorp lowered A10 Networks from an “overweight” rating to a “sector weight” rating in a research note on Friday, July 14th. Finally, ValuEngine lowered A10 Networks from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. A10 Networks presently has an average rating of “Hold” and an average price target of $9.60.

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In related news, EVP Robert D. Cochran sold 8,000 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $6.76, for a total value of $54,080.00. Following the completion of the sale, the executive vice president now directly owns 181,662 shares of the company’s stock, valued at $1,228,035.12. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lee Chen sold 25,000 shares of the business’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $8.46, for a total value of $211,500.00. Following the completion of the sale, the chief executive officer now directly owns 10,686,538 shares of the company’s stock, valued at $90,408,111.48. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 341,311 shares of company stock worth $2,406,049. Corporate insiders own 34.05% 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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