Key Points
- Insider sale: CEO Dhrupad Trivedi sold 33,334 shares on Feb. 13 for about $685,014 (and 33,333 shares on Feb. 11 for ~$689,660), cutting his stake by 4.46% to 713,597 shares valued at roughly $14.66 million.
- Quarterly results and guidance: A10 reported $0.26 EPS (in line) and $80.36 million revenue (beat), with revenue up 8.3% year-over-year, and set FY2026 EPS guidance of $0.640–0.650 versus analysts' average forecast of $0.69.
- Dividend and market context: The company declared a $0.06 quarterly dividend (annual $0.24, 1.2% yield; ex-dividend Feb. 13), and the stock trades near $20.70 with a $1.48 billion market cap and a consensus price target of $22 (Moderate Buy).
A10 Networks, Inc. (NYSE:ATEN - Get Free Report) CEO Dhrupad Trivedi sold 33,334 shares of the company's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $20.55, for a total transaction of $685,013.70. Following the sale, the chief executive officer directly owned 713,597 shares in the company, valued at approximately $14,664,418.35. This trade represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Dhrupad Trivedi also recently made the following trade(s):
- On Wednesday, February 11th, Dhrupad Trivedi sold 33,333 shares of A10 Networks stock. The stock was sold at an average price of $20.69, for a total transaction of $689,659.77.
A10 Networks Stock Up 1.7%
A10 Networks stock opened at $20.70 on Friday. The firm has a 50 day simple moving average of $18.10 and a 200 day simple moving average of $17.81. The company has a current ratio of 3.56, a quick ratio of 3.43 and a debt-to-equity ratio of 1.03. A10 Networks, Inc. has a 1-year low of $13.81 and a 1-year high of $21.90. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 35.68 and a beta of 1.23.
A10 Networks (NYSE:ATEN - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, hitting analysts' consensus estimates of $0.26. The firm had revenue of $80.36 million during the quarter, compared to analyst estimates of $78.09 million. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.The business's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, analysts predict that A10 Networks, Inc. will post 0.69 earnings per share for the current year.
A10 Networks Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 16th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, February 13th. A10 Networks's dividend payout ratio is presently 41.38%.
Institutional Trading of A10 Networks
A number of hedge funds have recently bought and sold shares of ATEN. Jones Financial Companies Lllp boosted its stake in shares of A10 Networks by 271.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,560 shares of the communications equipment provider's stock valued at $29,000 after purchasing an additional 1,140 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of A10 Networks by 92.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider's stock valued at $40,000 after buying an additional 1,083 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in A10 Networks by 4,621.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider's stock worth $43,000 after purchasing an additional 2,357 shares during the period. Clearstead Advisors LLC boosted its stake in shares of A10 Networks by 2,829.4% during the fourth quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider's stock valued at $44,000 after purchasing an additional 2,405 shares during the period. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of A10 Networks during the third quarter valued at approximately $49,000. Institutional investors own 98.61% of the company's stock.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Wall Street Zen cut shares of A10 Networks from a "buy" rating to a "hold" rating in a research note on Saturday, November 8th. BTIG Research reiterated a "buy" rating and set a $22.00 price target on shares of A10 Networks in a research report on Thursday, February 5th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of A10 Networks in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.00.
Check Out Our Latest Analysis on ATEN
About A10 Networks
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
