Tudor Investment Corp ET AL Trims Holdings in A10 Networks, Inc. $ATEN

Tudor Investment Corp ET AL trimmed its position in A10 Networks, Inc. (NYSE:ATEN) by 21.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 319,422 shares of the communications equipment provider’s stock after selling 84,787 shares during the quarter. Tudor Investment Corp ET AL’s holdings in A10 Networks were worth $5,798,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in A10 Networks by 271.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,560 shares of the communications equipment provider’s stock valued at $29,000 after buying an additional 1,140 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new stake in A10 Networks during the 3rd quarter valued at approximately $49,000. CWM LLC grew its holdings in A10 Networks by 38.1% during the 3rd quarter. CWM LLC now owns 3,640 shares of the communications equipment provider’s stock valued at $66,000 after buying an additional 1,005 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in A10 Networks by 120.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,898 shares of the communications equipment provider’s stock valued at $114,000 after buying an additional 3,225 shares in the last quarter. Finally, LSV Asset Management purchased a new stake in A10 Networks during the 3rd quarter valued at approximately $189,000. 98.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ATEN has been the subject of a number of research analyst reports. DNB Markets set a $9.00 price objective on shares of A10 Networks in a report on Monday, March 9th. Wall Street Zen lowered shares of A10 Networks from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. BTIG Research reaffirmed a “buy” rating and set a $22.00 price objective on shares of A10 Networks in a report on Friday, February 20th. BWS Financial increased their price objective on shares of A10 Networks from $24.00 to $28.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Loop Capital set a $25.00 price objective on shares of A10 Networks in a report on Monday, March 9th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, A10 Networks presently has an average rating of “Moderate Buy” and a consensus target price of $21.29.

Insider Transactions at A10 Networks

In related news, CEO Dhrupad Trivedi sold 33,334 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $20.55, for a total value of $685,013.70. Following the completion of the sale, the chief executive officer directly owned 713,597 shares in the company, valued at $14,664,418.35. This trade represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.21% of the stock is currently owned by corporate insiders.

A10 Networks Stock Up 1.4%

NYSE ATEN opened at $25.03 on Thursday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.43 and a current ratio of 3.56. The company has a market capitalization of $1.80 billion, a P/E ratio of 43.15 and a beta of 1.09. A10 Networks, Inc. has a one year low of $14.44 and a one year high of $25.42. The stock has a 50 day moving average price of $20.88 and a 200-day moving average price of $18.81.

A10 Networks (NYSE:ATEN) last posted its earnings results on Wednesday, February 4th. The communications equipment provider reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.24 earnings per share. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. As a group, equities analysts predict that A10 Networks, Inc. will post 0.69 EPS for the current fiscal year.

A10 Networks Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 16th were given a $0.06 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.24 dividend on an annualized basis and a yield of 1.0%. A10 Networks’s dividend payout ratio (DPR) is currently 41.38%.

About A10 Networks

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.