A10 Networks, Inc. (NYSE:ATEN) VP Neil Wu Becker sold 5,156 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $6.50, for a total transaction of $33,514.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.

A10 Networks, Inc. (NYSE ATEN) traded up 0.32% during mid-day trading on Friday, hitting $6.31. 479,145 shares of the stock traded hands. A10 Networks, Inc. has a 1-year low of $6.09 and a 1-year high of $10.87. The firm’s market cap is $372.48 million. The stock has a 50-day moving average of $7.44 and a 200 day moving average of $8.39.

A10 Networks (NYSE:ATEN) last released its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $52.99 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The firm’s revenue was down 6.0% on a year-over-year basis. On average, equities analysts expect that A10 Networks, Inc. will post ($0.08) EPS for the current year.

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A number of institutional investors have recently added to or reduced their stakes in ATEN. Campbell & CO Investment Adviser LLC increased its position in A10 Networks by 1.3% in 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 in the last quarter. Gotham Asset Management LLC purchased a new position in A10 Networks during the first quarter worth approximately $103,000. Airain ltd purchased a new position in A10 Networks during the first quarter worth approximately $112,000. KCG Holdings Inc. purchased a new position in A10 Networks during the first quarter worth approximately $115,000. Finally, US Bancorp DE increased its position in A10 Networks by 618.0% in the first quarter. US Bancorp DE now owns 15,939 shares of the communications equipment provider’s stock worth $146,000 after buying an additional 13,719 shares in the last quarter. Hedge funds and other institutional investors own 57.00% of the company’s stock.

Several analysts have recently commented on ATEN shares. KeyCorp cut shares of A10 Networks from an “overweight” rating to a “sector weight” rating in a research note on Friday, July 14th. BidaskClub cut shares of A10 Networks from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. DA Davidson raised their target price on shares of A10 Networks to $9.00 and gave the stock a “buy” rating in a research note on Friday, July 14th. Zacks Investment Research cut shares of A10 Networks from a “buy” rating to a “hold” rating in a research note on Wednesday, May 10th. Finally, ValuEngine cut shares of A10 Networks from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $9.60.

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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