Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of A10 Networks, Inc. (NYSE:ATEN – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 35,622 shares of the communications equipment provider’s stock, valued at approximately $966,000.
A number of other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. bought a new stake in shares of A10 Networks during the second quarter worth approximately $506,919,000. Walleye Capital LLC bought a new position in A10 Networks in the first quarter valued at approximately $115,600,000. Boston Trust Walden Corp boosted its stake in A10 Networks by 11.2% in the second quarter. Boston Trust Walden Corp now owns 2,416,808 shares of the communications equipment provider’s stock valued at $90,292,000 after acquiring an additional 243,547 shares during the last quarter. Punch & Associates Investment Management Inc. bought a new position in A10 Networks in the second quarter valued at approximately $44,412,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in A10 Networks by 36.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,497,144 shares of the communications equipment provider’s stock worth $34,614,000 after acquiring an additional 401,857 shares during the period. 98.61% of the stock is owned by institutional investors.
A10 Networks News Summary
Here are the key news stories impacting A10 Networks this week:
- Positive Sentiment: Q3 revenue rose 22.6% year over year to $91.55 million, beating the $83.88 million consensus estimate. Earnings of $0.31 per share also topped the $0.27 forecast and the $0.23 reported a year earlier. A10 Networks Q3 2026 results
- Positive Sentiment: ATEN forecast FY 2026 EPS of $1.08–$1.10, above the $1.00 consensus, and revenue of $337 million, ahead of the $329.4 million estimate. The upbeat guidance suggests management expects continued growth.
- Neutral Sentiment: A10 declared a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and an indicated yield of about 1%. The payout adds modest shareholder income but is unlikely to be a major earnings driver.
- Negative Sentiment: Deutsche Bank lowered its price target to $24 from $28 while maintaining a Hold rating, signaling reduced expectations for the shares despite the strong results. Deutsche Bank price-target update
A10 Networks Stock Performance
Shares of NYSE:ATEN opened at $24.68 on Monday. The firm’s 50 day simple moving average is $25.91 and its 200 day simple moving average is $26.59. A10 Networks, Inc. has a fifty-two week low of $16.52 and a fifty-two week high of $38.49. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 37.39 and a beta of 0.99. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.46 and a quick ratio of 3.19.
A10 Networks (NYSE:ATEN – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The communications equipment provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $91.55 million during the quarter, compared to analysts’ expectations of $83.88 million. A10 Networks had a net margin of 14.66% and a return on equity of 25.35%. The business’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.23 earnings per share. As a group, sell-side analysts forecast that A10 Networks, Inc. will post 0.81 earnings per share for the current year.
A10 Networks Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a $0.06 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.24 annualized dividend and a yield of 1.0%. A10 Networks’s dividend payout ratio (DPR) is 36.36%.
Wall Street Analyst Weigh In
ATEN has been the subject of several recent research reports. BWS Financial reiterated a “buy” rating and set a $45.00 target price on shares of A10 Networks in a research report on Friday, August 14th. BTIG Research restated a “buy” rating and issued a $37.00 price target on shares of A10 Networks in a research report on Thursday, August 6th. Mizuho reduced their price target on A10 Networks from $34.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Weiss Ratings cut A10 Networks from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 17th. Finally, Deutsche Bank Aktiengesellschaft started coverage on A10 Networks in a report on Monday, August 31st. They issued a “hold” rating and a $28.00 price objective for the company. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, A10 Networks currently has a consensus rating of “Hold” and an average price target of $30.38.
Read Our Latest Stock Analysis on ATEN
Insiders Place Their Bets
In other news, Director Dana Wolf sold 2,652 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $25.65, for a total value of $68,023.80. Following the completion of the transaction, the director owned 57,409 shares of the company’s stock, valued at $1,472,540.85. The trade was a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Robert Weber sold 14,086 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $27.86, for a total transaction of $392,435.96. Following the completion of the sale, the general counsel owned 50,586 shares of the company’s stock, valued at approximately $1,409,325.96. This represents a 21.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.21% of the company’s stock.
About A10 Networks
A10 Networks, Inc is a cybersecurity and networking company that provides solutions designed to improve the availability, performance, and security of applications and digital services. Its offerings help organizations manage application traffic, protect networks from cyberattacks, and support secure access across data centers, private clouds, public clouds, and hybrid environments.
The company’s portfolio includes application delivery controllers, distributed denial-of-service (DDoS) protection, secure application services, carrier-grade networking solutions, and centralized management and analytics tools.
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