Integrated Quantitative Investments LLC Decreases Holdings in A10 Networks, Inc. $ATEN

Integrated Quantitative Investments LLC cut its stake in A10 Networks, Inc. (NYSE:ATEN) by 70.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,600 shares of the communications equipment provider’s stock after selling 42,900 shares during the quarter. Integrated Quantitative Investments LLC’s holdings in A10 Networks were worth $319,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ATEN. Penserra Capital Management LLC grew its stake in shares of A10 Networks by 56.2% in the second quarter. Penserra Capital Management LLC now owns 3,964,989 shares of the communications equipment provider’s stock valued at $76,722,000 after buying an additional 1,425,792 shares in the last quarter. Legal & General Group Plc boosted its holdings in A10 Networks by 348.6% in the 2nd quarter. Legal & General Group Plc now owns 992,678 shares of the communications equipment provider’s stock worth $19,208,000 after acquiring an additional 771,405 shares during the period. Boston Trust Walden Corp grew its position in A10 Networks by 22.1% in the third quarter. Boston Trust Walden Corp now owns 2,639,992 shares of the communications equipment provider’s stock valued at $47,916,000 after acquiring an additional 477,196 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in A10 Networks by 39.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,306,664 shares of the communications equipment provider’s stock valued at $25,284,000 after acquiring an additional 367,901 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of A10 Networks by 12.4% during the second quarter. First Trust Advisors LP now owns 1,949,423 shares of the communications equipment provider’s stock valued at $37,721,000 after purchasing an additional 214,778 shares during the period. Institutional investors and hedge funds own 98.61% of the company’s stock.

A10 Networks Stock Up 0.9%

NYSE:ATEN opened at $20.86 on Friday. 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 $1.50 billion, a price-to-earnings ratio of 35.97 and a beta of 1.22. A10 Networks, Inc. has a one year low of $13.81 and a one year high of $21.31. The stock has a 50-day simple moving average of $18.59 and a 200 day simple moving average of $18.00.

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

A10 Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Monday, February 16th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, February 13th. A10 Networks’s payout ratio is currently 41.38%.

Insiders Place Their Bets

In other A10 Networks news, CEO Dhrupad Trivedi sold 33,334 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $14,664,418.35. This represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.15% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ATEN has been the subject of several analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of A10 Networks in a research note on Wednesday, January 21st. Wall Street Zen cut shares of A10 Networks from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Mizuho raised their target price on A10 Networks from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. BWS Financial boosted their price target on A10 Networks from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, BTIG Research restated a “buy” rating and set a $22.00 price objective on shares of A10 Networks in a research note on Friday, February 20th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

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.