A10 Networks Inc (NYSE:ATEN) CFO Thomas Constantino sold 15,492 shares of the firm’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $6.98, for a total value of $108,134.16. Following the sale, the chief financial officer now directly owns 210,816 shares of the company’s stock, valued at $1,471,495.68. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Thomas Constantino also recently made the following trade(s):

  • On Tuesday, April 30th, Thomas Constantino sold 3,604 shares of A10 Networks stock. The shares were sold at an average price of $6.44, for a total value of $23,209.76.

Shares of A10 Networks stock opened at $6.99 on Friday. A10 Networks Inc has a 1 year low of $5.51 and a 1 year high of $7.46. The company’s fifty day simple moving average is $6.48.

A10 Networks (NYSE:ATEN) last announced its earnings results on Thursday, April 25th. The communications equipment provider reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.07). A10 Networks had a negative net margin of 8.67% and a negative return on equity of 12.11%. The business had revenue of $50.30 million for the quarter, compared to analysts’ expectations of $51.66 million. The firm’s revenue was up 2.2% on a year-over-year basis. As a group, sell-side analysts predict that A10 Networks Inc will post -0.25 earnings per share for the current year.

Institutional investors have recently made changes to their positions in the company. Meeder Asset Management Inc. increased its position in shares of A10 Networks by 69.8% during the 1st quarter. Meeder Asset Management Inc. now owns 4,260 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 1,751 shares during the last quarter. MERIAN GLOBAL INVESTORS UK Ltd increased its holdings in A10 Networks by 102.9% in the 1st quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 8,444 shares of the communications equipment provider’s stock worth $59,000 after acquiring an additional 4,282 shares during the last quarter. American Century Companies Inc. purchased a new stake in A10 Networks in the 4th quarter worth about $73,000. BNP Paribas Arbitrage SA increased its holdings in A10 Networks by 27,032.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 10,853 shares of the communications equipment provider’s stock worth $77,000 after acquiring an additional 10,813 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in A10 Networks in the 1st quarter worth about $83,000. 65.90% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on the company. ValuEngine lowered Ultrapar Participacoes from a “sell” rating to a “strong sell” rating in a research report on Thursday, April 25th. Zacks Investment Research raised Investar from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Tuesday, June 4th.

About A10 Networks

A10 Networks, Inc provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and internationally. The company offers Thunder application delivery controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and micro services; and Thunder carrier grade network address translation product, which offers network address and protocol translation services for service provider networks.

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