Dana Elizabeth Wolf Sells 2,652 Shares of A10 Networks (NYSE:ATEN) Stock

Key Points

• Director Dana Elizabeth Wolf sold 2,652 A10 Networks shares at an average price of $25.65, receiving approximately $68,024. The Rule 10b5-1 transaction reduced her direct holdings by 4.42% to 57,409 shares.
• A10 Networks reported stronger-than-expected quarterly results, with EPS of $0.25 versus the $0.24 consensus and revenue of $80.14 million, up 15.5% year over year. The company issued fiscal 2026 EPS guidance of $0.650–$0.661.
• Shares recently traded near $25.17, while analysts’ consensus rating was Hold with an average target price of $31.29. A10 also declared a quarterly dividend of $0.06 per share, equivalent to a 1.0% annualized yield.

A10 Networks, Inc. (NYSE:ATEN - Get Free Report) Director Dana Elizabeth Wolf sold 2,652 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $25.65, for a total transaction of $68,023.80. Following the transaction, the director directly owned 57,409 shares of the company's stock, valued at $1,472,540.85. This represents a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

A10 Networks Stock Performance

Shares of ATEN traded down $0.06 during mid-day trading on Tuesday, reaching $25.17. The company had a trading volume of 987,526 shares, compared to its average volume of 1,105,731. The firm has a 50-day moving average price of $32.53 and a 200 day moving average price of $27.55. A10 Networks, Inc. has a 52 week low of $16.52 and a 52 week high of $38.49. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 41.94 and a beta of 1.16.

A10 Networks (NYSE:ATEN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. A10 Networks had a return on equity of 23.63% and a net margin of 13.85%.The company had revenue of $80.14 million during the quarter, compared to analyst estimates of $77.28 million. During the same quarter last year, the company earned $0.21 EPS. The firm's revenue for the quarter was up 15.5% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. As a group, research analysts forecast that A10 Networks, Inc. will post 0.81 earnings per share for the current fiscal year.

A10 Networks Dividend Announcement

The company also recently declared 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 is Monday, August 17th. This represents a $0.24 dividend on an annualized basis and a yield of 1.0%. A10 Networks's payout ratio is presently 40.00%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. BWS Financial reaffirmed a "buy" rating and issued a $45.00 target price on shares of A10 Networks in a report on Friday, August 14th. Piper Sandler set a $45.00 price target on shares of A10 Networks in a research report on Tuesday, June 16th. Weiss Ratings raised A10 Networks from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, June 24th. Wall Street Zen downgraded A10 Networks from a "buy" rating to a "hold" rating in a research note on Saturday, June 20th. Finally, BTIG Research restated a "buy" rating and issued a $37.00 price target on shares of A10 Networks in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $31.29.

Institutional Investors Weigh In On A10 Networks

A number of hedge funds have recently added to or reduced their stakes in ATEN. California State Teachers Retirement System increased its position in A10 Networks by 3,036.2% during the second quarter. California State Teachers Retirement System now owns 2,868,052 shares of the communications equipment provider's stock valued at $107,150,000 after acquiring an additional 2,776,601 shares during the last quarter. Nilsine Partners LLC increased its stake in shares of A10 Networks by 1.5% in the 2nd quarter. Nilsine Partners LLC now owns 56,679 shares of the communications equipment provider's stock worth $2,118,000 after purchasing an additional 815 shares in the last quarter. denkapparat Operations GmbH bought a new position in A10 Networks in the 2nd quarter worth $230,000. Concurrent Investment Advisors LLC purchased a new position in A10 Networks during the second quarter valued at $211,000. Finally, AXQ Capital LP grew its holdings in A10 Networks by 11.6% during the second quarter. AXQ Capital LP now owns 19,592 shares of the communications equipment provider's stock valued at $732,000 after purchasing an additional 2,036 shares during the period. 98.61% of the stock is currently owned by hedge funds and other institutional investors.

A10 Networks Company 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.

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