A10 Networks to Post Q1 2018 Earnings of ($0.07) Per Share, Dougherty & Co Forecasts (ATEN)

A10 Networks (NYSE:ATEN) – Analysts at Dougherty & Co issued their Q1 2018 earnings estimates for shares of A10 Networks in a research report issued on Tuesday, April 3rd. Dougherty & Co analyst C. Trebnick expects that the communications equipment provider will post earnings of ($0.07) per share for the quarter. Dougherty & Co has a “Neutral” rating on the stock. Dougherty & Co also issued estimates for A10 Networks’ FY2018 earnings at ($0.18) EPS.

How to Become a New Pot Stock Millionaire

ATEN has been the topic of a number of other research reports. ValuEngine cut shares of A10 Networks from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. DA Davidson set a $8.00 price target on shares of A10 Networks and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Finally, Zacks Investment Research cut shares of A10 Networks from a “buy” rating to a “hold” rating in a research note on Monday, January 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $8.00.

Shares of ATEN stock opened at $5.87 on Friday. A10 Networks has a 12 month low of $5.63 and a 12 month high of $9.75. The firm has a market cap of $421.68, a PE ratio of -19.57 and a beta of 0.75.

A number of institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in A10 Networks by 35.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 180,354 shares of the communications equipment provider’s stock worth $1,200,000 after buying an additional 47,691 shares during the last quarter. Trexquant Investment LP raised its position in A10 Networks by 112.0% in the 3rd quarter. Trexquant Investment LP now owns 37,739 shares of the communications equipment provider’s stock worth $285,000 after buying an additional 19,939 shares during the last quarter. Wells Fargo & Company MN raised its position in A10 Networks by 38.2% in the 3rd quarter. Wells Fargo & Company MN now owns 120,685 shares of the communications equipment provider’s stock worth $913,000 after buying an additional 33,330 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in A10 Networks by 4.7% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 177,362 shares of the communications equipment provider’s stock worth $1,341,000 after buying an additional 8,042 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new position in A10 Networks in the 3rd quarter worth about $345,000. Institutional investors own 62.19% of the company’s stock.

In related news, VP Gunter Reiss sold 4,210 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $6.31, for a total value of $26,565.10. Following the transaction, the vice president now owns 130,719 shares in the company, valued at approximately $824,836.89. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Lee Chen sold 25,000 shares of the company’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $7.54, for a total transaction of $188,500.00. Following the completion of the transaction, the chief executive officer now owns 9,961,538 shares in the company, valued at approximately $75,109,996.52. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,407 shares of company stock worth $276,043. 31.57% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: This news story was reported by Ticker Report and is owned by of Ticker Report. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and international trademark & copyright legislation. The legal version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3336656/a10-networks-to-post-q1-2018-earnings-of-0-07-per-share-dougherty-co-forecasts-aten.html.

A10 Networks Company Profile

A10 Networks, Inc provides software and hardware solutions in the United States, Japan, and internationally. The company's products are built on advanced core operating system platform. It offers application delivery controllers that provide advanced server load balancing; lightning application delivery service, a cloud-native software-as-a-service platform designed to boost the delivery and security of applications and micro services; and carrier grade networking address translation product that offer network address and protocol translation services for service provider networks.

Earnings History and Estimates for A10 Networks (NYSE:ATEN)

Receive News & Ratings for A10 Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A10 Networks and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Aaron’s   Shares Down 6.2%  on Disappointing Earnings
Aaron’s Shares Down 6.2% on Disappointing Earnings
Box  Expected to Announce Quarterly Sales of $139.55 Million
Box Expected to Announce Quarterly Sales of $139.55 Million
Statoil  Shares Gap Up  Following Dividend Announcement
Statoil Shares Gap Up Following Dividend Announcement
Meritage Homes  Trading Up 0% After Strong Earnings
Meritage Homes Trading Up 0% After Strong Earnings
Eldorado Gold Corp  Announces Quarterly Dividend of $0.50
Eldorado Gold Corp Announces Quarterly Dividend of $0.50
Sunoco LP Announces Quarterly Dividend of $0.83
Sunoco LP Announces Quarterly Dividend of $0.83


© 2006-2018 Ticker Report. Google+.