A10 Networks, Inc. (NYSE:ATEN) Receives Average Recommendation of “Moderate Buy” from Analysts

A10 Networks, Inc. (NYSE:ATEN) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $23.00.

Several research firms have weighed in on ATEN. Wall Street Zen downgraded shares of A10 Networks from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of A10 Networks in a research report on Wednesday, January 21st. BWS Financial boosted their target price on A10 Networks from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, February 20th. BTIG Research reaffirmed a “buy” rating and issued a $22.00 target price on shares of A10 Networks in a research report on Friday, February 20th. Finally, Mizuho upped their price target on A10 Networks from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th.

Insider Buying and Selling

In other A10 Networks news, CEO Dhrupad Trivedi sold 33,334 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $20.55, for a total transaction of $685,013.70. Following the completion of the sale, the chief executive officer owned 713,597 shares in the company, valued at approximately $14,664,418.35. The trade was a 4.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.15% of the company’s stock.

Institutional Investors Weigh In On A10 Networks

Several hedge funds and other institutional investors have recently made changes to their positions in ATEN. Aster Capital Management DIFC Ltd acquired a new stake in shares of A10 Networks in the 4th quarter worth about $26,000. Jones Financial Companies Lllp lifted its position in A10 Networks by 271.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,560 shares of the communications equipment provider’s stock valued at $29,000 after acquiring an additional 1,140 shares in the last quarter. Farther Finance Advisors LLC boosted its stake 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 during the last quarter. 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 worth $43,000 after purchasing an additional 2,357 shares in the last quarter. Finally, Clearstead Advisors LLC increased its holdings in A10 Networks by 2,829.4% during the 4th quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider’s stock worth $44,000 after purchasing an additional 2,405 shares in the last quarter. 98.61% of the stock is owned by institutional investors.

A10 Networks Price Performance

A10 Networks stock opened at $20.46 on Wednesday. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 35.28 and a beta of 1.22. A10 Networks has a 52-week low of $13.81 and a 52-week high of $21.31. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.43 and a current ratio of 3.56. The stock’s 50 day moving average price is $18.64 and its two-hundred day moving average price is $18.03.

A10 Networks (NYSE:ATEN) last released its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. A10 Networks had a net margin of 14.50% and a return on equity of 24.10%. During the same period last year, the company posted $0.24 earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, equities analysts predict that A10 Networks will post 0.69 earnings per share for the current year.

A10 Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 16th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.24 annualized dividend and a yield of 1.2%. A10 Networks’s dividend payout ratio (DPR) is presently 41.38%.

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.