A10 Networks, Inc. $ATEN Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of A10 Networks, Inc. (NYSE:ATEN) by 18.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 380,161 shares of the communications equipment provider’s stock after acquiring an additional 60,372 shares during the period. JPMorgan Chase & Co. owned 0.53% of A10 Networks worth $6,900,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Barclays PLC grew its holdings in shares of A10 Networks by 103.7% during the 3rd quarter. Barclays PLC now owns 1,365,259 shares of the communications equipment provider’s stock worth $24,779,000 after purchasing an additional 695,150 shares during the period. Wellington Management Group LLP raised its holdings in A10 Networks by 40.2% in the third 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. Boston Trust Walden Corp lifted its position in A10 Networks by 22.1% during 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 buying an additional 477,196 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in A10 Networks by 39.2% during 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 buying an additional 367,901 shares in the last quarter. Finally, Crawford Investment Counsel Inc. purchased a new stake in A10 Networks during the third quarter worth approximately $5,206,000. 98.61% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at A10 Networks

In other A10 Networks news, CEO Dhrupad Trivedi sold 33,334 shares of A10 Networks stock in a transaction on Friday, February 13th. The shares were sold at an average price of $20.55, for a total value of $685,013.70. Following the completion of the transaction, the chief executive officer owned 713,597 shares of the company’s stock, valued at $14,664,418.35. The trade was a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.21% of the stock is owned by company insiders.

A10 Networks Stock Up 3.3%

Shares of A10 Networks stock opened at $23.10 on Wednesday. The company has a quick ratio of 3.43, a current ratio of 3.56 and a debt-to-equity ratio of 1.03. The firm has a market cap of $1.66 billion, a P/E ratio of 39.82 and a beta of 1.22. A10 Networks, Inc. has a fifty-two week low of $13.81 and a fifty-two week high of $23.71. The business has a 50-day moving average price of $20.10 and a 200 day moving average price of $18.55.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. A10 Networks had a return on equity of 24.10% and a net margin of 14.50%.A10 Networks’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.24 EPS. A10 Networks has set its FY 2026 guidance at 0.640-0.650 EPS. On average, sell-side analysts forecast that A10 Networks, Inc. will post 0.69 earnings per share for the current fiscal year.

A10 Networks Dividend Announcement

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

Analysts Set New Price Targets

ATEN has been the topic of a number of research reports. Weiss Ratings reissued 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. BTIG Research reiterated a “buy” rating and issued a $22.00 price target on shares of A10 Networks in a report on Friday, February 20th. DNB Markets set a $9.00 price objective on A10 Networks in a research note on Monday, March 9th. Finally, BWS Financial upped their target price on A10 Networks from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.29.

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.