Inceptionr LLC Buys New Shares in A10 Networks, Inc. $ATEN

Inceptionr LLC bought a new position in shares of A10 Networks, Inc. (NYSE:ATEN) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,531 shares of the communications equipment provider’s stock, valued at approximately $382,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd acquired a new position in A10 Networks in the 4th quarter valued at approximately $26,000. Farther Finance Advisors LLC grew its holdings in shares of 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 worth $40,000 after purchasing an additional 1,083 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of 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. Clearstead Advisors LLC grew its holdings in shares of 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. Finally, Leonteq Securities AG bought a new stake in shares of A10 Networks during the fourth quarter valued at approximately $77,000. 98.61% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ATEN has been the subject of a number of recent research reports. BWS Financial upped their target price on 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 lifted their price target on shares of A10 Networks from $30.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Wall Street Zen lowered shares of A10 Networks from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Zacks Research cut shares of A10 Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Piper Sandler set a $45.00 target price on A10 Networks in a report on Tuesday, June 16th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, A10 Networks presently has a consensus rating of “Hold” and a consensus price target of $31.29.

Insider Buying and Selling at A10 Networks

In other news, Director Eric Singer sold 24,698 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $27.21, for a total value of $672,032.58. Following the transaction, the director directly owned 68,806 shares in the company, valued at $1,872,211.26. This trade represents a 26.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.21% of the stock is currently owned by company insiders.

A10 Networks Trading Down 0.0%

Shares of NYSE ATEN opened at $34.26 on Monday. 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 company has a 50-day moving average of $33.44 and a two-hundred day moving average of $25.95. A10 Networks, Inc. has a 1-year low of $16.52 and a 1-year high of $38.49. The company has a market cap of $2.47 billion, a PE ratio of 55.25 and a beta of 1.14.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings data on Tuesday, April 28th. The communications equipment provider reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.02. A10 Networks had a return on equity of 25.00% and a net margin of 14.90%.The firm had revenue of $75.00 million for the quarter, compared to analyst estimates of $72.61 million. During the same period last year, the company earned $0.20 EPS. The business’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. As a group, equities analysts expect that A10 Networks, Inc. will post 0.83 earnings per share for the current fiscal year.

A10 Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, May 15th. A10 Networks’s dividend payout ratio is currently 38.71%.

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.