Harbor Capital Advisors Inc. Has $11.49 Million Stock Position in A10 Networks, Inc. (NYSE:ATEN)

Harbor Capital Advisors Inc. increased its stake in shares of A10 Networks, Inc. (NYSE:ATEN - Free Report) by 175.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 795,628 shares of the communications equipment provider's stock after acquiring an additional 506,332 shares during the quarter. Harbor Capital Advisors Inc. owned about 1.07% of A10 Networks worth $11,489,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ATEN. Canada Pension Plan Investment Board bought a new position in shares of A10 Networks during the 2nd quarter worth about $29,000. Copeland Capital Management LLC bought a new position in A10 Networks during the third quarter valued at about $43,000. Quarry LP acquired a new position in A10 Networks in the 2nd quarter valued at approximately $47,000. nVerses Capital LLC bought a new stake in shares of A10 Networks in the 2nd quarter worth approximately $105,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of A10 Networks during the 2nd quarter worth approximately $137,000. 98.61% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on ATEN shares. StockNews.com raised A10 Networks from a "hold" rating to a "buy" rating in a research report on Wednesday, October 16th. BWS Financial reiterated a "buy" rating and set a $17.00 target price on shares of A10 Networks in a research report on Tuesday, July 9th.

A10 Networks Price Performance

Shares of A10 Networks stock traded down $0.03 during midday trading on Friday, hitting $14.62. 377,206 shares of the company were exchanged, compared to its average volume of 315,083. The firm has a 50 day simple moving average of $14.07 and a 200-day simple moving average of $14.04. A10 Networks, Inc. has a 52 week low of $10.67 and a 52 week high of $16.46. The firm has a market cap of $1.08 billion, a P/E ratio of 24.78 and a beta of 1.11.

A10 Networks 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.