160,452 A10 Networks, Inc. $ATEN Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its holdings in A10 Networks, Inc. (NYSE:ATEN) by 2,514.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,833 shares of the communications equipment provider’s stock after buying an additional 160,452 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in A10 Networks were worth $4,523,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of ATEN. Signaturefd LLC raised its holdings in A10 Networks by 24.2% during the 2nd quarter. Signaturefd LLC now owns 2,159 shares of the communications equipment provider’s stock valued at $81,000 after acquiring an additional 421 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of A10 Networks by 1.6% during the second quarter. The Manufacturers Life Insurance Company now owns 29,959 shares of the communications equipment provider’s stock worth $1,119,000 after acquiring an additional 458 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of A10 Networks by 14.1% during the first quarter. PNC Financial Services Group Inc. now owns 3,938 shares of the communications equipment provider’s stock worth $91,000 after acquiring an additional 488 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of A10 Networks by 83.5% in the second quarter. SBI Securities Co. Ltd. now owns 1,167 shares of the communications equipment provider’s stock worth $44,000 after acquiring an additional 531 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of A10 Networks by 9.1% in the second quarter. GAMMA Investing LLC now owns 7,211 shares of the communications equipment provider’s stock worth $269,000 after acquiring an additional 603 shares during the period. Institutional investors own 98.61% of the company’s stock.

Wall Street Analyst Weigh In

ATEN has been the subject of several recent research reports. Mizuho reduced their price target on A10 Networks from $34.00 to $30.00 and set a “neutral” rating for the company in a research report on Thursday, October 15th. BTIG Research reiterated a “buy” rating and set a $37.00 price objective on shares of A10 Networks in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft began coverage on A10 Networks in a report on Monday, August 31st. They set a “hold” rating and a $28.00 price objective on the stock. Zacks Research cut A10 Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, BWS Financial restated a “buy” rating and issued a $45.00 target price on shares of A10 Networks in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, A10 Networks has a consensus rating of “Hold” and a consensus price target of $30.38.

A10 Networks Trading Up 3.7%

Shares of NYSE:ATEN opened at $25.46 on Friday. The company has a 50 day moving average of $26.13 and a 200 day moving average of $29.10. The stock has a market cap of $1.85 billion, a P/E ratio of 42.44 and a beta of 1.13. A10 Networks, Inc. has a 12 month low of $16.52 and a 12 month high of $38.49.

A10 Networks (NYSE:ATEN) last posted its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share 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 business had revenue of $80.14 million for the quarter, compared to analyst estimates of $77.28 million. During the same quarter in the prior year, the firm posted $0.21 EPS. A10 Networks’s revenue was up 15.5% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. On average, equities analysts forecast that A10 Networks, Inc. will post 0.81 earnings per share for the current fiscal year.

A10 Networks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, August 17th. A10 Networks’s payout ratio is 40.00%.

Insiders Place Their Bets

In related news, General Counsel Robert Weber sold 14,086 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $27.86, for a total value of $392,435.96. Following the sale, the general counsel owned 50,586 shares in the company, valued at approximately $1,409,325.96. This trade represents a 21.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana Wolf sold 2,652 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $25.65, for a total value of $68,023.80. Following the completion of the sale, the director owned 57,409 shares in the company, valued at $1,472,540.85. This trade represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.21% of the stock is owned by insiders.

A10 Networks Company Profile

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.