32,278 Shares in A10 Networks, Inc. $ATEN Purchased by Jupiter Topco LLC

Jupiter Topco LLC acquired a new position in shares of A10 Networks, Inc. (NYSE:ATEN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 32,278 shares of the communications equipment provider’s stock, valued at approximately $1,206,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ATEN. Aster Capital Management DIFC Ltd acquired a new position in shares of A10 Networks during the fourth quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new position in A10 Networks in the 2nd quarter worth approximately $27,000. Farther Finance Advisors LLC raised its position in A10 Networks by 92.4% in 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 during the last quarter. Parkside Financial Bank & Trust lifted its holdings in 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 buying an additional 2,357 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its position in A10 Networks by 2,829.4% in the 4th quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider’s stock valued at $44,000 after buying an additional 2,405 shares during the last quarter. Institutional investors and hedge funds own 98.61% of the company’s stock.

Analyst Upgrades and Downgrades

ATEN has been the subject of several research reports. Weiss Ratings raised A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Wall Street Zen cut A10 Networks from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Zacks Research lowered A10 Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. BTIG Research reissued a “buy” rating and set a $37.00 price objective on shares of A10 Networks in a report on Thursday, August 6th. Finally, Mizuho upped their target price on shares of A10 Networks from $30.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $30.88.

Insider Activity

In related news, Director Dana Wolf sold 2,652 shares of A10 Networks stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $25.65, for a total transaction of $68,023.80. Following the transaction, the director owned 57,409 shares of the company’s stock, valued at $1,472,540.85. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Robert Weber sold 14,086 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $27.86, for a total transaction of $392,435.96. Following the transaction, the general counsel owned 50,586 shares of the company’s stock, valued at approximately $1,409,325.96. This represents a 21.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.21% of the stock is currently owned by insiders.

A10 Networks Stock Down 0.7%

ATEN stock opened at $24.54 on Friday. The business’s fifty day moving average is $31.03 and its 200-day moving average is $27.83. The company has a market cap of $1.78 billion, a P/E ratio of 40.90 and a beta of 1.13. A10 Networks, Inc. has a twelve month low of $16.52 and a twelve month high of $38.49.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $80.14 million during the quarter, compared to analysts’ expectations of $77.28 million. A10 Networks had a return on equity of 23.63% and a net margin of 13.85%.The firm’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 earnings per share. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. Research analysts anticipate that A10 Networks, Inc. will post 0.81 earnings per share for the current fiscal year.

A10 Networks Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, August 17th. A10 Networks’s payout ratio is presently 40.00%.

A10 Networks Profile

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.