A10 Networks, Inc. (NYSE:ATEN) EVP Matthew P. Bruening Sells 9,393 Shares

A10 Networks, Inc. (NYSE:ATENGet Rating) EVP Matthew P. Bruening sold 9,393 shares of the company’s stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $15.49, for a total value of $145,497.57. Following the sale, the executive vice president now owns 141,200 shares of the company’s stock, valued at $2,187,188. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

A10 Networks Stock Down 0.5 %

ATEN stock opened at $15.42 on Friday. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 12.05 and a beta of 0.92. The business has a fifty day simple moving average of $14.51 and a 200-day simple moving average of $14.20. A10 Networks, Inc. has a 52 week low of $12.27 and a 52 week high of $19.05.

A10 Networks (NYSE:ATENGet Rating) last released its quarterly earnings data on Tuesday, August 2nd. The communications equipment provider reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. A10 Networks had a return on equity of 19.92% and a net margin of 38.39%. During the same quarter in the prior year, the business posted $0.10 earnings per share. As a group, analysts expect that A10 Networks, Inc. will post 0.4 earnings per share for the current fiscal year.

A10 Networks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 15th will be issued a $0.05 dividend. The ex-dividend date is Friday, August 12th. This represents a $0.20 annualized dividend and a yield of 1.30%. A10 Networks’s dividend payout ratio is currently 15.63%.

Institutional Trading of A10 Networks

Large investors have recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. purchased a new position in A10 Networks in the 1st quarter valued at about $28,000. Nisa Investment Advisors LLC purchased a new position in A10 Networks in the 2nd quarter valued at about $38,000. Ensign Peak Advisors Inc purchased a new position in A10 Networks in the 1st quarter valued at about $41,000. Great West Life Assurance Co. Can boosted its position in A10 Networks by 97.4% in the 1st quarter. Great West Life Assurance Co. Can now owns 2,984 shares of the communications equipment provider’s stock valued at $44,000 after buying an additional 1,472 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new position in A10 Networks in the 1st quarter valued at about $47,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

About A10 Networks

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A10 Networks, Inc provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and microservices; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks.

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