Key Points
- Insider sale: A10 Networks General Counsel Robert Scott Weber sold 14,086 shares at an average price of $27.86, reducing his direct ownership by 21.78% to 50,586 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Quarterly performance: A10 Networks reported quarterly EPS of $0.25, slightly exceeding estimates, while revenue reached $80.14 million—up 15.5% year over year and above expectations. The company guided to fiscal 2026 EPS of $0.650–$0.661.
- Market outlook: Shares opened at $27.46, and analysts maintain a consensus “Hold” rating with an average price target of $31.29. A10 also declared a quarterly dividend of $0.06 per share, representing a 0.9% annualized yield.
A10 Networks, Inc. (NYSE:ATEN - Get Free Report) General Counsel Robert Scott Weber sold 14,086 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $27.86, for a total value of $392,435.96. Following the transaction, the general counsel directly owned 50,586 shares of the company's stock, valued at approximately $1,409,325.96. This trade represents a 21.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
A10 Networks Price Performance
Shares of ATEN opened at $27.46 on Thursday. The firm has a market cap of $1.99 billion, a PE ratio of 45.77 and a beta of 1.16. The stock's fifty day moving average price is $33.38 and its two-hundred day moving average price is $27.06. A10 Networks, Inc. has a 1 year low of $16.52 and a 1 year high of $38.49.
A10 Networks (NYSE:ATEN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The firm had revenue of $80.14 million for 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 business's revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.21 EPS. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. Sell-side analysts anticipate that A10 Networks, Inc. will post 0.84 earnings per share for the current fiscal year.
A10 Networks Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.24 annualized dividend and a yield of 0.9%. A10 Networks's dividend payout ratio is 40.00%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the stock. Zacks Research downgraded shares of A10 Networks from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 29th. Piper Sandler set a $45.00 price objective on shares of A10 Networks in a report on Tuesday, June 16th. BTIG Research reiterated a "buy" rating and issued a $37.00 price objective on shares of A10 Networks in a research note on Thursday, August 6th. Wall Street Zen cut shares of A10 Networks from a "buy" rating to a "hold" rating in a report on Saturday, June 20th. Finally, Weiss Ratings raised A10 Networks from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $31.29.
Read Our Latest Stock Report on ATEN
Institutional Investors Weigh In On A10 Networks
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd purchased a new stake in A10 Networks in the 4th quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. purchased a new stake in A10 Networks in the second quarter worth about $27,000. Farther Finance Advisors LLC boosted its position in A10 Networks by 92.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider's stock valued at $40,000 after acquiring an additional 1,083 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of 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 acquiring an additional 2,357 shares during the period. Finally, Clearstead Advisors LLC raised its position in shares of 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 worth $44,000 after acquiring an additional 2,405 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors.
A10 Networks Company Profile
(
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.
See Also
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].
