A10 Networks, Inc. (NYSE:ATEN) EVP Robert D. Cochran sold 2,295 shares of the business’s stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $9.87, for a total transaction of $22,651.65. Following the sale, the executive vice president now owns 273,067 shares of the company’s stock, valued at $2,695,171.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
ATEN opened at $9.58 on Thursday. The firm has a market cap of $736.84 million, a P/E ratio of 73.70 and a beta of 0.96. A10 Networks, Inc. has a 1-year low of $5.86 and a 1-year high of $11.86. The company has a 50 day simple moving average of $9.64 and a two-hundred day simple moving average of $8.72.
A10 Networks (NYSE:ATEN) last posted its quarterly earnings results on Monday, February 8th. The communications equipment provider reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.10. The business had revenue of $62.66 million during the quarter, compared to analyst estimates of $63.85 million. A10 Networks had a net margin of 4.49% and a return on equity of 13.20%. Equities research analysts expect that A10 Networks, Inc. will post 0.2 EPS for the current year.
Several analysts recently issued reports on ATEN shares. Zacks Investment Research lowered shares of A10 Networks from a “buy” rating to a “hold” rating in a research report on Tuesday, December 29th. TheStreet lowered shares of A10 Networks from a “b” rating to a “c+” rating in a research report on Tuesday, February 16th.
A10 Networks Company Profile
A10 Networks, Inc provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and Latin America. 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 networking product, which offers standards-compliant address and protocol translation services for service provider networks.
Featured Story: Why do company’s buyback their stock?
Receive News & Ratings for A10 Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A10 Networks and related companies with MarketBeat.com's FREE daily email newsletter.