Marshall Wace LLP Has $12.58 Million Stock Holdings in A10 Networks, Inc. (NYSE:ATEN)

Marshall Wace LLP lifted its holdings in shares of A10 Networks, Inc. (NYSE:ATEN - Free Report) by 364.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 683,711 shares of the communications equipment provider's stock after acquiring an additional 536,600 shares during the quarter. Marshall Wace LLP owned about 0.93% of A10 Networks worth $12,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of A10 Networks by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 1,677,206 shares of the communications equipment provider's stock valued at $30,868,000 after acquiring an additional 14,764 shares during the last quarter. Royce & Associates LP boosted its holdings in A10 Networks by 9.1% in the fourth quarter. Royce & Associates LP now owns 919,068 shares of the communications equipment provider's stock worth $16,911,000 after purchasing an additional 76,412 shares during the period. Harbor Capital Advisors Inc. increased its stake in A10 Networks by 2.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 816,165 shares of the communications equipment provider's stock valued at $15,017,000 after purchasing an additional 20,537 shares during the last quarter. Barclays PLC raised its holdings in shares of A10 Networks by 350.4% during the fourth quarter. Barclays PLC now owns 685,720 shares of the communications equipment provider's stock worth $12,618,000 after purchasing an additional 533,482 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of A10 Networks by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 668,430 shares of the communications equipment provider's stock worth $12,299,000 after buying an additional 17,510 shares during the last quarter. Hedge funds and other institutional investors own 98.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ATEN. Weiss Ratings restated a "buy (b-)" rating on shares of A10 Networks in a research report on Saturday. Craig Hallum increased their price objective on shares of A10 Networks from $16.00 to $18.00 and gave the stock a "hold" rating in a report on Wednesday, February 5th. Raymond James started coverage on shares of A10 Networks in a research note on Wednesday. They set a "market perform" rating for the company. BWS Financial restated a "buy" rating and issued a $24.00 price target on shares of A10 Networks in a research note on Wednesday, February 5th. Finally, StockNews.com raised A10 Networks from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $21.00.

A10 Networks Stock Performance

Shares of NYSE:ATEN traded up $0.19 during midday trading on Friday, hitting $16.52. 827,355 shares of the stock were exchanged, compared to its average volume of 860,103. The company has a market capitalization of $1.22 billion, a PE ratio of 24.66 and a beta of 1.31. A10 Networks, Inc. has a 52-week low of $12.27 and a 52-week high of $21.90. The business's fifty day simple moving average is $17.57 and its two-hundred day simple moving average is $17.63.

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 (EPS) for the quarter, beating 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%. As a group, equities analysts anticipate that A10 Networks, Inc. will post 0.69 EPS for the current year.

A10 Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date was Friday, February 14th. A10 Networks's dividend payout ratio (DPR) is currently 35.82%.

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.