Harbor Capital Advisors Inc. Grows Stock Position in A10 Networks, Inc. (NYSE:ATEN)

Harbor Capital Advisors Inc. increased its position in shares of A10 Networks, Inc. (NYSE:ATEN) by 175.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 795,628 shares of the communications equipment provider’s stock after purchasing an additional 506,332 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 1.07% of A10 Networks worth $11,489,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Guidance Capital Inc. raised its holdings in A10 Networks by 2.0% in the 3rd quarter. Guidance Capital Inc. now owns 36,355 shares of the communications equipment provider’s stock valued at $530,000 after acquiring an additional 718 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in A10 Networks by 2.9% during the second quarter. The Manufacturers Life Insurance Company now owns 27,239 shares of the communications equipment provider’s stock worth $377,000 after buying an additional 776 shares during the last quarter. Rhumbline Advisers grew its holdings in A10 Networks by 0.4% in the 2nd quarter. Rhumbline Advisers now owns 203,054 shares of the communications equipment provider’s stock valued at $2,812,000 after buying an additional 804 shares in the last quarter. Texas Permanent School Fund Corp grew its holdings in A10 Networks by 1.6% in the 1st quarter. Texas Permanent School Fund Corp now owns 61,174 shares of the communications equipment provider’s stock valued at $837,000 after buying an additional 973 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of A10 Networks by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 14,226 shares of the communications equipment provider’s stock worth $195,000 after acquiring an additional 984 shares during the last quarter. 98.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. BWS Financial reissued a “buy” rating and issued a $17.00 price objective on shares of A10 Networks in a report on Tuesday, July 9th. StockNews.com raised shares of A10 Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

A10 Networks Stock Down 0.2 %

NYSE:ATEN opened at $14.62 on Friday. A10 Networks, Inc. has a 52 week low of $10.67 and a 52 week high of $16.46. The stock’s fifty day moving average is $14.07 and its two-hundred day moving average is $14.03. The company has a market capitalization of $1.08 billion, a P/E ratio of 24.78 and a beta of 1.11.

A10 Networks Company Profile

A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.