A10 Networks Inc (NYSE:ATEN) CFO Thomas Constantino sold 15,492 shares of the company’s stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $6.98, for a total value of $108,134.16. Following the completion of the transaction, the chief financial officer now directly owns 210,816 shares of the company’s stock, valued at approximately $1,471,495.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Thomas Constantino also recently made the following trade(s):

  • On Tuesday, April 30th, Thomas Constantino sold 3,604 shares of A10 Networks stock. The shares were sold at an average price of $6.44, for a total transaction of $23,209.76.

NYSE:ATEN opened at $6.99 on Friday. The firm’s 50 day moving average price is $6.48. A10 Networks Inc has a fifty-two week low of $5.51 and a fifty-two week high of $7.46.

A10 Networks (NYSE:ATEN) last released its earnings results on Thursday, April 25th. The communications equipment provider reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). The firm had revenue of $50.30 million for the quarter, compared to analyst estimates of $51.66 million. A10 Networks had a negative net margin of 8.67% and a negative return on equity of 12.11%. A10 Networks’s revenue was up 2.2% on a year-over-year basis. Equities research analysts forecast that A10 Networks Inc will post -0.25 earnings per share for the current fiscal year.

A number of analysts have weighed in on ATEN shares. Zacks Investment Research raised shares of Investar from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Tuesday, June 4th. ValuEngine downgraded shares of Ultrapar Participacoes from a “sell” rating to a “strong sell” rating in a research report on Thursday, April 25th.

Large investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. increased its position in A10 Networks by 69.8% during the 1st quarter. Meeder Asset Management Inc. now owns 4,260 shares of the communications equipment provider’s stock valued at $31,000 after purchasing an additional 1,751 shares during the period. MERIAN GLOBAL INVESTORS UK Ltd increased its position in A10 Networks by 102.9% during the 1st quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 8,444 shares of the communications equipment provider’s stock valued at $59,000 after purchasing an additional 4,282 shares during the period. American Century Companies Inc. acquired a new stake in A10 Networks during the 4th quarter valued at approximately $73,000. BNP Paribas Arbitrage SA increased its position in A10 Networks by 27,032.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,853 shares of the communications equipment provider’s stock valued at $77,000 after purchasing an additional 10,813 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of A10 Networks during the 1st quarter worth approximately $83,000. 65.90% of the stock is owned by institutional investors and hedge funds.

About A10 Networks

A10 Networks, Inc provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and internationally. 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 micro services; and Thunder carrier grade network address translation product, which offers network address and protocol translation services for service provider networks.

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Insider Buying and Selling by Quarter for A10 Networks (NYSE:ATEN)

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