Bridge City Capital LLC Has $9.56 Million Stock Holdings in A10 Networks, Inc. (NYSE:ATEN)

Bridge City Capital LLC grew its holdings in A10 Networks, Inc. (NYSE:ATEN - Free Report) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 519,585 shares of the communications equipment provider's stock after purchasing an additional 35,184 shares during the period. A10 Networks comprises approximately 2.5% of Bridge City Capital LLC's investment portfolio, making the stock its 4th biggest holding. Bridge City Capital LLC owned approximately 0.70% of A10 Networks worth $9,560,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ATEN. MassMutual Private Wealth & Trust FSB grew its stake in A10 Networks by 3,389.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,059 shares of the communications equipment provider's stock valued at $38,000 after purchasing an additional 2,000 shares in the last quarter. GAMMA Investing LLC boosted its holdings 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 buying an additional 744 shares during the last quarter. KBC Group NV grew its stake in shares of 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. Quantbot Technologies LP increased its holdings in A10 Networks by 95.4% during the third quarter. Quantbot Technologies LP now owns 5,657 shares of the communications equipment provider's stock worth $82,000 after buying an additional 2,762 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new stake in A10 Networks during the fourth quarter worth $161,000. Institutional investors own 98.61% of the company's stock.

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A10 Networks Stock Down 0.9 %

Shares of ATEN traded down $0.16 during trading hours on Thursday, hitting $17.29. The company had a trading volume of 1,117,293 shares, compared to its average volume of 752,542. The business has a fifty day moving average of $19.52 and a 200-day moving average of $17.34. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 25.80 and a beta of 1.17. A10 Networks, Inc. has a 12 month low of $12.27 and a 12 month high of $21.90.

A10 Networks (NYSE:ATEN - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The communications equipment provider reported $0.25 earnings per share for the quarter, beating the consensus estimate 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 expect that A10 Networks, Inc. will post 0.69 EPS for the current fiscal year.

A10 Networks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, February 14th. This represents a $0.24 annualized dividend and a yield of 1.39%. A10 Networks's payout ratio is currently 35.82%.

Analyst Ratings Changes

A number of brokerages have recently commented on ATEN. Craig Hallum lifted their price objective on shares of A10 Networks from $16.00 to $18.00 and gave the company a "hold" rating in a research report on Wednesday, February 5th. StockNews.com upgraded A10 Networks from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th. Finally, BWS Financial restated a "buy" rating and issued a $24.00 price objective on shares of A10 Networks in a research note on Wednesday, February 5th.

A10 Networks Company Profile

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.