A10 Networks, Inc. (NYSE:ATEN) CEO Lee Chen sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $7.62, for a total transaction of $190,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Lee Chen also recently made the following trade(s):

  • On Wednesday, October 4th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $7.73, for a total transaction of $193,250.00.
  • On Tuesday, September 26th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.57, for a total transaction of $164,250.00.
  • On Monday, September 18th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.66, for a total transaction of $166,500.00.
  • On Friday, September 15th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.72, for a total transaction of $168,000.00.
  • On Thursday, September 7th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.57, for a total transaction of $164,250.00.
  • On Wednesday, August 30th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.48, for a total transaction of $162,000.00.
  • On Tuesday, August 22nd, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.09, for a total transaction of $152,250.00.
  • On Monday, August 14th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.41, for a total transaction of $160,250.00.
  • On Friday, August 11th, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.34, for a total transaction of $158,500.00.
  • On Thursday, August 3rd, Lee Chen sold 25,000 shares of A10 Networks stock. The shares were sold at an average price of $6.81, for a total transaction of $170,250.00.

Shares of A10 Networks, Inc. (NYSE:ATEN) traded up 0.52% during mid-day trading on Friday, reaching $7.66. 365,837 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $6.92 and a 200-day moving average price of $7.69. A10 Networks, Inc. has a 1-year low of $6.02 and a 1-year high of $9.94. The company’s market capitalization is $452.17 million.

A10 Networks (NYSE:ATEN) last posted its earnings results on Thursday, July 27th. The communications equipment provider reported ($0.04) earnings per share for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $53.69 million during the quarter, compared to analyst estimates of $52.99 million. During the same period in the previous year, the company earned ($0.02) EPS. The company’s revenue for the quarter was down 6.0% on a year-over-year basis. On average, equities research analysts forecast that A10 Networks, Inc. will post ($0.04) earnings per share for the current fiscal year.

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Several hedge funds have recently modified their holdings of the company. Campbell & CO Investment Adviser LLC lifted its holdings in shares of A10 Networks by 1.3% during the second 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. American International Group Inc. lifted its holdings in shares of A10 Networks by 7.1% during the first quarter. American International Group Inc. now owns 27,138 shares of the communications equipment provider’s stock worth $248,000 after buying an additional 1,792 shares during the last quarter. CAPROCK Group Inc. lifted its holdings in shares of A10 Networks by 9.3% during the second quarter. CAPROCK Group Inc. now owns 27,080 shares of the communications equipment provider’s stock worth $229,000 after buying an additional 2,310 shares during the last quarter. Voya Investment Management LLC lifted its holdings in shares of A10 Networks by 21.2% during the second quarter. Voya Investment Management LLC now owns 22,826 shares of the communications equipment provider’s stock worth $193,000 after buying an additional 3,994 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of A10 Networks by 11.3% during the second quarter. The Manufacturers Life Insurance Company now owns 40,264 shares of the communications equipment provider’s stock worth $340,000 after buying an additional 4,083 shares during the last quarter. Institutional investors own 56.51% of the company’s stock.

Several analysts have issued reports on ATEN shares. DA Davidson increased their price objective on shares of A10 Networks to $9.00 and gave the company a “buy” rating in a research report on Friday, July 14th. Zacks Investment Research downgraded shares of A10 Networks from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. KeyCorp downgraded shares of A10 Networks from an “overweight” rating to a “sector weight” rating in a research report on Friday, July 14th. BidaskClub raised shares of A10 Networks from a “strong sell” rating to a “sell” rating in a research report on Friday, September 15th. Finally, Bank of America Corporation lowered their price objective on shares of A10 Networks from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $9.75.

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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