Janus Henderson Group PLC Purchases 55,227 Shares of A10 Networks, Inc. $ATEN

Key Points

• Janus Henderson Group increased its A10 Networks stake by 171.1% in the first quarter, buying 55,227 additional shares and bringing its holdings to 87,505 shares valued at approximately $2.0 million.
• A10 Networks reported second-quarter revenue of $80.14 million, up 15.5% year over year, while EPS rose to $0.25 from $0.21. The company also declared a quarterly dividend of $0.06 per share, equivalent to an annualized yield of about 0.9%.
• Analyst sentiment remains mixed but generally constructive: BWS Financial and BTIG Research reiterated Buy ratings, while the broader analyst consensus is Hold with an average price target of $31.29. A newly filed shelf prospectus could enable future capital raises and create potential dilution concerns.

Janus Henderson Group PLC raised its position in shares of A10 Networks, Inc. (NYSE:ATEN - Free Report) by 171.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,505 shares of the communications equipment provider's stock after purchasing an additional 55,227 shares during the period. Janus Henderson Group PLC owned approximately 0.12% of A10 Networks worth $2,023,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd acquired a new stake in shares of A10 Networks in the 4th quarter valued at $26,000. Farther Finance Advisors LLC lifted its position in shares of 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 worth $40,000 after buying an additional 1,083 shares during the last quarter. Parkside Financial Bank & Trust lifted its position 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 buying an additional 2,357 shares during the last quarter. Clearstead Advisors LLC boosted its stake in A10 Networks by 2,829.4% in the fourth quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider's stock valued at $44,000 after buying an additional 2,405 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in A10 Networks by 14.1% in the first quarter. PNC Financial Services Group Inc. now owns 3,938 shares of the communications equipment provider's stock valued at $91,000 after acquiring an additional 488 shares during the last quarter. 98.61% of the stock is currently owned by institutional investors.

Key Headlines Impacting A10 Networks

Here are the key news stories impacting A10 Networks this week:

• Positive Sentiment: Analysts remain constructive on A10 Networks. BWS Financial reaffirmed its “Buy” rating with a $45 price target, while BTIG Research maintained its “Buy” rating and a $37 target—both implying substantial upside from recent trading levels. A10 Networks Given Buy Rating at BWS Financial
• Positive Sentiment: A10 Networks declared a quarterly dividend of $0.06 per share, payable September 1 to shareholders of record August 17. The dividend supports shareholder returns and represents an annualized yield of approximately 0.9%. A10 Networks Declares Dividend
• Neutral Sentiment: In its second-quarter earnings update, A10 reported revenue of $80.14 million, up 15.5% year over year, and earnings of $0.25 per share versus $0.21 a year earlier. EPS exceeded some estimates but fell short of the $0.26 Zacks consensus, creating a mixed earnings signal. The company’s fiscal 2026 EPS guidance is $0.650–$0.661. A10 Networks Q2 Earnings Snapshot
• Negative Sentiment: A10 Networks filed a prospectus supplement under its automatic shelf registration, enabling it to raise capital through potential future securities offerings. Although no immediate issuance was specified, the prospectus raises dilution concerns and may be weighing on the stock. A10 Networks Files Shelf Prospectus

A10 Networks Stock Performance

A10 Networks stock opened at $26.95 on Friday. The business has a 50 day moving average of $33.63 and a 200-day moving average of $26.77. A10 Networks, Inc. has a 1 year low of $16.52 and a 1 year high of $38.49. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.29 and a quick ratio of 3.56. The company has a market capitalization of $1.94 billion, a P/E ratio of 44.92 and a beta of 1.16.

A10 Networks (NYSE:ATEN - Get Free Report) last posted its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. A10 Networks had a net margin of 13.85% and a return on equity of 23.63%. The business had revenue of $80.14 million for the quarter, compared to the consensus estimate of $77.28 million. During the same period last year, the company earned $0.21 EPS. The firm's revenue was up 15.5% compared to the same quarter last year. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. On average, equities research analysts predict that A10 Networks, Inc. will post 0.84 earnings per share for the current year.

A10 Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.24 annualized dividend and a dividend yield of 0.9%. A10 Networks's payout ratio is currently 40.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ATEN. Wall Street Zen cut shares of A10 Networks from a "buy" rating to a "hold" rating in a report on Saturday, June 20th. Piper Sandler set a $45.00 price objective on shares of A10 Networks in a research report on Tuesday, June 16th. BWS Financial reissued a "buy" rating and issued a $45.00 price objective on shares of A10 Networks in a research note on Thursday. BTIG Research restated a "buy" rating and issued a $37.00 target price on shares of A10 Networks in a research report on Thursday. Finally, Weiss Ratings upgraded shares of A10 Networks from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, A10 Networks presently has an average rating of "Hold" and an average target price of $31.29.

A10 Networks Profile

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.

Want to see what other hedge funds are holding ATEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for A10 Networks, Inc. (NYSE:ATEN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source