A10 Networks, Inc. $ATEN Shares Acquired by Punch & Associates Investment Management Inc.

Punch & Associates Investment Management Inc. lifted its stake in A10 Networks, Inc. (NYSE:ATEN) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,459,910 shares of the communications equipment provider’s stock after buying an additional 24,284 shares during the period. A10 Networks comprises 1.9% of Punch & Associates Investment Management Inc.’s portfolio, making the stock its 5th biggest holding. Punch & Associates Investment Management Inc. owned approximately 2.03% of A10 Networks worth $33,753,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Walleye Capital LLC bought a new stake in shares of A10 Networks in the 1st quarter worth approximately $115,600,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of A10 Networks by 1.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,699,629 shares of the communications equipment provider’s stock valued at $48,997,000 after purchasing an additional 35,381 shares during the period. First Trust Advisors LP raised its stake in shares of A10 Networks by 21.1% in the fourth quarter. First Trust Advisors LP now owns 2,463,337 shares of the communications equipment provider’s stock valued at $43,576,000 after purchasing an additional 429,066 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of A10 Networks by 40.2% in the third quarter. Wellington Management Group LLP now owns 2,054,213 shares of the communications equipment provider’s stock valued at $37,284,000 after purchasing an additional 588,922 shares in the last quarter. Finally, Barclays PLC lifted its position in A10 Networks by 34.9% in the fourth quarter. Barclays PLC now owns 1,841,906 shares of the communications equipment provider’s stock worth $32,583,000 after purchasing an additional 476,647 shares during the period. 98.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at A10 Networks

In other A10 Networks news, Director Eric Singer sold 24,698 shares of A10 Networks stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $27.21, for a total transaction of $672,032.58. Following the transaction, the director directly owned 68,806 shares in the company, valued at approximately $1,872,211.26. The trade was a 26.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.21% of the stock is currently owned by corporate insiders.

A10 Networks Price Performance

Shares of ATEN stock opened at $34.26 on Friday. A10 Networks, Inc. has a 1 year low of $16.52 and a 1 year high of $38.49. The company has a current ratio of 3.71, a quick ratio of 3.56 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $33.44 and its 200-day moving average is $25.89. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 55.25 and a beta of 1.14.

A10 Networks (NYSE:ATEN) last posted its quarterly earnings results on Tuesday, April 28th. The communications equipment provider reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. A10 Networks had a return on equity of 25.00% and a net margin of 14.90%.The business had revenue of $75.00 million for the quarter, compared to analysts’ expectations of $72.61 million. During the same quarter last year, the business earned $0.20 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. Sell-side analysts forecast that A10 Networks, Inc. will post 0.83 EPS for the current fiscal year.

A10 Networks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, May 15th. A10 Networks’s dividend payout ratio (DPR) is currently 38.71%.

Wall Street Analyst Weigh In

ATEN has been the subject of a number of analyst reports. Mizuho raised their price objective on shares of A10 Networks from $30.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. BWS Financial upped their target price on shares of A10 Networks from $30.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. BTIG Research increased their price target on shares of A10 Networks from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen cut shares of A10 Networks from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Weiss Ratings raised A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $31.29.

A10 Networks Company Profile

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.