A10 Networks (NYSE:ATEN) Receives Buy Rating from BWS Financial

A10 Networks (NYSE:ATEN - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at BWS Financial in a report issued on Wednesday,Benzinga reports. They presently have a $24.00 target price on the communications equipment provider's stock. BWS Financial's price objective would indicate a potential upside of 17.07% from the company's current price. BWS Financial also issued estimates for A10 Networks' FY2025 earnings at $0.69 EPS, Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.26 EPS and FY2026 earnings at $0.79 EPS.

A number of other equities research analysts have also issued reports on the company. Craig Hallum lowered A10 Networks from a "buy" rating to a "hold" rating and set a $16.00 target price on the stock. in a research report on Friday, November 8th. StockNews.com raised shares of A10 Networks from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th.

A10 Networks Trading Down 0.2 %

NYSE:ATEN traded down $0.05 on Wednesday, reaching $20.50. The stock had a trading volume of 545,622 shares, compared to its average volume of 661,918. A10 Networks has a 12-month low of $12.27 and a 12-month high of $20.96. The company has a 50-day moving average of $18.79 and a 200 day moving average of $15.89. The stock has a market cap of $1.51 billion, a P/E ratio of 30.60 and a beta of 1.14.

A10 Networks (NYSE:ATEN - Get Free Report) last issued its earnings results on Tuesday, February 4th. The communications equipment provider reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.03. A10 Networks had a net margin of 19.16% and a return on equity of 23.44%. On average, equities analysts predict that A10 Networks will post 0.69 EPS for the current year.

Insider Activity at A10 Networks

In other A10 Networks news, EVP Karen S. Thomas sold 6,162 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $16.70, for a total transaction of $102,905.40. Following the completion of the sale, the executive vice president now owns 23,799 shares of the company's stock, valued at $397,443.30. This represents a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.81% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ATEN. MassMutual Private Wealth & Trust FSB boosted its position in shares of A10 Networks by 3,389.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,059 shares of the communications equipment provider's stock valued at $38,000 after acquiring an additional 2,000 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in A10 Networks in the 3rd quarter valued at $43,000. GAMMA Investing LLC boosted its stake in shares of A10 Networks by 43.5% in the 4th quarter. GAMMA Investing LLC now owns 2,456 shares of the communications equipment provider's stock valued at $45,000 after purchasing an additional 744 shares in the last quarter. Quantbot Technologies LP lifted its holdings in A10 Networks by 95.4% during the 3rd quarter. Quantbot Technologies LP now owns 5,657 shares of the communications equipment provider's stock valued at $82,000 after purchasing an additional 2,762 shares during the last quarter. Finally, KBC Group NV boosted its position in A10 Networks by 79.1% in the fourth quarter. KBC Group NV now owns 5,096 shares of the communications equipment provider's stock valued at $94,000 after buying an additional 2,251 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors and hedge funds.

About A10 Networks

A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.