A10 Networks, Inc. $ATEN Shares Acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. boosted its stake in A10 Networks, Inc. (NYSE:ATENFree Report) by 24.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 141,978 shares of the communications equipment provider’s stock after purchasing an additional 27,882 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.20% of A10 Networks worth $5,304,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of ATEN. Walleye Capital LLC purchased a new position in A10 Networks during the first quarter worth approximately $115,600,000. Boston Partners purchased a new stake in shares of A10 Networks during the 4th quarter valued at $14,795,000. Wellington Management Group LLP grew its stake in shares of A10 Networks by 40.2% during the 3rd quarter. Wellington Management Group LLP now owns 2,054,213 shares of the communications equipment provider’s stock valued at $37,284,000 after buying an additional 588,922 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in shares of A10 Networks during the 1st quarter worth $13,058,000. Finally, Defiance ETFs LLC acquired a new stake in shares of A10 Networks during the 4th quarter worth $10,047,000. Institutional investors and hedge funds own 98.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ATEN. BWS Financial reiterated a “buy” rating and issued a $45.00 target price on shares of A10 Networks in a report on Thursday. Piper Sandler set a $45.00 price target on A10 Networks in a research note on Tuesday, June 16th. Wall Street Zen downgraded A10 Networks from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Mizuho lifted their price objective on A10 Networks from $30.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Finally, Zacks Research lowered A10 Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $31.29.

Check Out Our Latest Stock Analysis on ATEN

A10 Networks Trading Up 0.4%

Shares of ATEN stock opened at $26.95 on Monday. The company has a market cap of $1.94 billion, a PE ratio of 44.92 and a beta of 1.16. The company’s fifty day simple moving average is $33.63 and its 200-day simple moving average is $26.84. A10 Networks, Inc. has a 52 week low of $16.52 and a 52 week high of $38.49.

A10 Networks (NYSE:ATENGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. A10 Networks had a net margin of 13.85% and a return on equity of 23.63%. The firm had revenue of $80.14 million during the quarter, compared to analysts’ expectations of $77.28 million. During the same period in the prior year, the company earned $0.21 EPS. The firm’s revenue was up 15.5% on a year-over-year basis. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. Equities research analysts expect that A10 Networks, Inc. will post 0.84 EPS for the current fiscal year.

A10 Networks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be given 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 dividend payout ratio is presently 40.00%.

A10 Networks News Summary

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

About A10 Networks

(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.

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Institutional Ownership by Quarter for A10 Networks (NYSE:ATEN)

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