A10 Networks, Inc. (NYSE:ATEN – Get 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:ATEN – Get 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
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
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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