A10 Networks (NYSE:ATEN) Director Dana Elizabeth Wolf Sells 2,652 Shares of Stock

A10 Networks, Inc. (NYSE:ATEN) Director Dana Elizabeth Wolf sold 2,652 shares of A10 Networks stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $25.65, for a total transaction of $68,023.80. Following the sale, the director owned 57,409 shares in the company, valued at $1,472,540.85. This represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

A10 Networks Price Performance

Shares of A10 Networks stock opened at $25.17 on Wednesday. A10 Networks, Inc. has a 52-week low of $16.52 and a 52-week high of $38.49. The firm has a market capitalization of $1.83 billion, a PE ratio of 41.94 and a beta of 1.16. The company’s fifty day moving average price is $32.39 and its two-hundred day moving average price is $27.60.

A10 Networks (NYSE:ATEN) last released its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. A10 Networks had a net margin of 13.85% and a return on equity of 23.63%. The company had revenue of $80.14 million during the quarter, compared to the consensus estimate of $77.28 million. During the same period last year, the firm earned $0.21 EPS. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. Analysts predict that A10 Networks, Inc. will post 0.81 earnings per share for the current fiscal year.

A10 Networks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.06 per share. The ex-dividend date is Monday, August 17th. This represents a $0.24 dividend on an annualized basis and a yield of 1.0%. A10 Networks’s dividend payout ratio (DPR) is currently 40.00%.

Institutional Trading of A10 Networks

Several large investors have recently added to or reduced their stakes in ATEN. Transamerica Financial Advisors LLC bought a new position in shares of A10 Networks in the second quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd bought a new stake in A10 Networks during the 4th quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new stake in A10 Networks during the 2nd quarter worth approximately $27,000. Farther Finance Advisors LLC increased its holdings in A10 Networks by 92.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider’s stock valued at $40,000 after purchasing an additional 1,083 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in A10 Networks by 4,621.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider’s stock valued at $43,000 after purchasing an additional 2,357 shares in the last quarter. 98.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ATEN. Weiss Ratings upgraded A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. BTIG Research restated a “buy” rating and set a $37.00 target price on shares of A10 Networks in a research report on Thursday, August 6th. Mizuho upped their price target on A10 Networks from $30.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Piper Sandler set a $45.00 price target on A10 Networks in a research report on Tuesday, June 16th. Finally, Zacks Research lowered A10 Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, A10 Networks presently has a consensus rating of “Hold” and an average target price of $31.29.

About A10 Networks

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.