A10 Networks, Inc. (NYSE:ATEN) CEO Dhrupad Trivedi Sells 8,679 Shares

A10 Networks, Inc. (NYSE:ATENGet Free Report) CEO Dhrupad Trivedi sold 8,679 shares of A10 Networks stock in a transaction on Monday, February 5th. The stock was sold at an average price of $13.06, for a total value of $113,347.74. Following the completion of the sale, the chief executive officer now directly owns 556,420 shares of the company’s stock, valued at approximately $7,266,845.20. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Dhrupad Trivedi also recently made the following trade(s):

  • On Friday, February 2nd, Dhrupad Trivedi sold 28,957 shares of A10 Networks stock. The stock was sold at an average price of $13.21, for a total value of $382,521.97.
  • On Monday, January 29th, Dhrupad Trivedi sold 21,498 shares of A10 Networks stock. The stock was sold at an average price of $13.58, for a total value of $291,942.84.
  • On Wednesday, January 24th, Dhrupad Trivedi sold 8,809 shares of A10 Networks stock. The shares were sold at an average price of $14.03, for a total value of $123,590.27.
  • On Wednesday, December 6th, Dhrupad Trivedi sold 15,729 shares of A10 Networks stock. The shares were sold at an average price of $12.71, for a total value of $199,915.59.

A10 Networks Trading Up 0.9 %

Shares of A10 Networks stock opened at $13.05 on Wednesday. The stock has a 50 day moving average of $13.20 and a 200 day moving average of $13.38. A10 Networks, Inc. has a 12 month low of $10.03 and a 12 month high of $16.16. The firm has a market cap of $967.50 million, a PE ratio of 24.62 and a beta of 1.12.

A10 Networks (NYSE:ATENGet Free Report) last posted its quarterly earnings data on Tuesday, November 7th. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. A10 Networks had a return on equity of 21.75% and a net margin of 15.48%. The business had revenue of $57.78 million during the quarter, compared to analyst estimates of $57.54 million. As a group, equities research analysts forecast that A10 Networks, Inc. will post 0.6 earnings per share for the current fiscal year.

Institutional Trading of A10 Networks

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its position in shares of A10 Networks by 113.8% during the 4th quarter. Advisors Asset Management Inc. now owns 2,189 shares of the communications equipment provider’s stock worth $36,000 after buying an additional 1,165 shares in the last quarter. Osaic Holdings Inc. raised its stake in A10 Networks by 44.3% in the second quarter. Osaic Holdings Inc. now owns 2,419 shares of the communications equipment provider’s stock valued at $35,000 after buying an additional 743 shares during the last quarter. Advisor Group Holdings Inc. raised its stake in A10 Networks by 59.6% in the fourth quarter. Advisor Group Holdings Inc. now owns 2,527 shares of the communications equipment provider’s stock valued at $42,000 after buying an additional 944 shares during the last quarter. Altshuler Shaham Ltd purchased a new stake in A10 Networks in the fourth quarter valued at about $47,000. Finally, Ensign Peak Advisors Inc acquired a new position in shares of A10 Networks in the first quarter valued at about $41,000. 88.69% of the stock is owned by hedge funds and other institutional investors.

A10 Networks Company Profile

(Get Free Report)

A10 Networks, Inc provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and microservices; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks.

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Insider Buying and Selling by Quarter for A10 Networks (NYSE:ATEN)

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