Quantbot Technologies LP Buys New Position in A10 Networks, Inc. $ATEN

Quantbot Technologies LP acquired a new stake in A10 Networks, Inc. (NYSE:ATEN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,317 shares of the communications equipment provider’s stock, valued at approximately $605,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ATEN. Legal & General Group Plc grew its holdings in A10 Networks by 348.6% in the 2nd 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. Boston Trust Walden Corp grew its stake 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 valued at $47,916,000 after buying an additional 477,196 shares during the period. Arrowstreet Capital Limited Partnership raised its position 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 worth $25,284,000 after buying an additional 367,901 shares during the period. First Trust Advisors LP grew its position in A10 Networks by 12.4% during the second quarter. First Trust Advisors LP now owns 1,949,423 shares of the communications equipment provider’s stock valued at $37,721,000 after acquiring an additional 214,778 shares during the period. Finally, Hussman Strategic Advisors Inc. purchased a new position in shares of A10 Networks in the 3rd quarter worth about $3,812,000. Hedge funds and other institutional investors own 98.61% of the company’s stock.

A10 Networks Stock Performance

Shares of ATEN stock opened at $20.46 on Monday. 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 stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 35.28 and a beta of 1.22. A10 Networks, Inc. has a one year low of $13.81 and a one year high of $21.31. The company’s 50-day simple moving average is $18.64 and its 200-day simple moving average is $18.03.

A10 Networks (NYSE:ATEN) last issued its earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.During the same period last year, the business posted $0.24 earnings per share. The company’s revenue 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. Equities analysts anticipate that A10 Networks, Inc. will post 0.69 earnings per share for the current fiscal year.

A10 Networks Dividend Announcement

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

Insider Activity at A10 Networks

In related news, CEO Dhrupad Trivedi sold 33,334 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $20.55, for a total value of $685,013.70. Following the sale, the chief executive officer owned 713,597 shares of the company’s stock, valued at approximately $14,664,418.35. This trade represents a 4.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.15% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. BTIG Research restated a “buy” rating and issued a $22.00 price target on shares of A10 Networks in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of A10 Networks in a research report on Wednesday, January 21st. Mizuho boosted 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 boosted their target price on shares of A10 Networks from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Wall Street Zen downgraded shares of A10 Networks from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $23.00.

A10 Networks Company 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.