Inceptionr LLC Takes Position in A10 Networks, Inc. $ATEN

Inceptionr LLC acquired a new stake in A10 Networks, Inc. (NYSE:ATEN) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 16,531 shares of the communications equipment provider’s stock, valued at approximately $382,000.

A number of other large investors have also recently bought and sold shares of the business. Aster Capital Management DIFC Ltd acquired a new position in A10 Networks during the fourth quarter worth $26,000. Farther Finance Advisors LLC lifted its position in shares of A10 Networks by 92.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider’s stock worth $40,000 after buying an additional 1,083 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of A10 Networks by 4,621.6% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider’s stock worth $43,000 after buying an additional 2,357 shares during the last quarter. Clearstead Advisors LLC boosted its stake in shares of A10 Networks by 2,829.4% during the 4th quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider’s stock worth $44,000 after acquiring an additional 2,405 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of A10 Networks by 14.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,938 shares of the communications equipment provider’s stock worth $91,000 after acquiring an additional 488 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ATEN has been the topic of a number of analyst reports. Piper Sandler set a $45.00 price objective on A10 Networks in a report on Tuesday, June 16th. BTIG Research upped their target price on A10 Networks from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. BWS Financial upped their target price on A10 Networks from $30.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Sidoti reiterated a “neutral” rating and set a $24.00 price target on shares of A10 Networks in a report on Monday, April 20th. Finally, Wall Street Zen lowered shares of A10 Networks from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, A10 Networks currently has a consensus rating of “Hold” and an average target price of $31.29.

Insider Activity at A10 Networks

In other news, Director Eric Singer sold 24,698 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $27.21, for a total transaction of $672,032.58. Following the completion of the transaction, the director directly owned 68,806 shares in the company, valued at $1,872,211.26. The trade was a 26.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.21% of the stock is currently owned by company insiders.

A10 Networks Stock Down 0.0%

ATEN stock opened at $34.26 on Monday. The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of 55.25 and a beta of 1.14. The company has a 50-day moving average of $33.44 and a two-hundred day moving average of $25.95. A10 Networks, Inc. has a 52-week low of $16.52 and a 52-week high of $38.49. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.71 and a quick ratio of 3.56.

A10 Networks (NYSE:ATEN) last posted its quarterly earnings data on Tuesday, April 28th. The communications equipment provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.02. A10 Networks had a return on equity of 25.00% and a net margin of 14.90%.The business had revenue of $75.00 million for the quarter, compared to analyst estimates of $72.61 million. During the same period in the previous year, the company posted $0.20 earnings per share. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. As a group, equities research analysts anticipate that A10 Networks, Inc. will post 0.83 EPS for the current year.

A10 Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, May 15th. A10 Networks’s payout ratio is currently 38.71%.

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.