Quantbot Technologies LP Makes New $605,000 Investment in A10 Networks, Inc. $ATEN

Quantbot Technologies LP acquired a new stake in A10 Networks, Inc. (NYSE:ATEN) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 33,317 shares of the communications equipment provider’s stock, valued at approximately $605,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ATEN. Jones Financial Companies Lllp boosted its holdings in A10 Networks by 271.4% in the third quarter. Jones Financial Companies Lllp now owns 1,560 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 1,140 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in A10 Networks in the third quarter worth approximately $49,000. CWM LLC lifted its position in shares of A10 Networks by 38.1% during the 3rd quarter. CWM LLC now owns 3,640 shares of the communications equipment provider’s stock valued at $66,000 after buying an additional 1,005 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in A10 Networks by 120.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,898 shares of the communications equipment provider’s stock worth $114,000 after buying an additional 3,225 shares during the period. Finally, LSV Asset Management purchased a new stake in A10 Networks during the 3rd quarter valued at approximately $189,000. Hedge funds and other institutional investors own 98.61% of the company’s stock.

Analyst Upgrades and Downgrades

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

A10 Networks Stock Down 1.9%

Shares of NYSE ATEN opened at $20.46 on Monday. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 35.28 and a beta of 1.22. A10 Networks, Inc. has a 52-week low of $13.81 and a 52-week high of $21.31. The company has a quick ratio of 3.43, a current ratio of 3.56 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average is $18.64 and its two-hundred day moving average is $18.03.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.The business’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.24 earnings per share. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. Research analysts predict that A10 Networks, Inc. will post 0.69 EPS for the current year.

A10 Networks Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 16th were given 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 dividend payout ratio (DPR) is 41.38%.

Insider Transactions at A10 Networks

In related news, CEO Dhrupad Trivedi sold 33,334 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $20.55, for a total transaction of $685,013.70. Following the transaction, the chief executive officer owned 713,597 shares of the company’s stock, valued at $14,664,418.35. This represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.15% of the company’s stock.

A10 Networks 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.