1 week Ago By ABMN Staff
Wellington Management Group LLP purchased a new position in A10 Networks, Inc. ( NYSE:ATEN – Free Report ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 230,200 shares of the communications equipment provider’s stock, valued at approximately $4,236,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. 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 grew 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 buying an additional 744 shares in the last quarter. KBC Group NV increased its holdings 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 worth $94,000 after buying an additional 2,251 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new position in A10 Networks during the fourth quarter valued at approximately $161,000.
Finally, Sciencast Management LP bought a new position in A10 Networks during the fourth quarter valued at approximately $198,000. 98.61% of the stock is currently owned by hedge funds and other institutional investors.
A10 Networks Price Performance A10 Networks stock opened at $15.94 on Friday. A10 Networks, Inc.
has a fifty-two week low of $12.27 and a fifty-two week high of $21.90.
The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 23.79 and a beta of 1.
31. The firm has a fifty day moving average price of $18.61 and a two-hundred day moving average price of $17.
54. A10 Networks Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.
06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.
51%. The ex-dividend date was Friday, February 14th. A10 Networks’s dividend payout ratio (DPR) is presently 35.
82%. Wall Street Analyst Weigh In Several research analysts have recently commented on the stock. BWS Financial restated a “buy” rating and set a $24.
00 price target on shares of A10 Networks in a research note on Wednesday, February 5th. Craig Hallum increased their target price on shares of A10 Networks from $16.00 to $18.
00 and gave the stock a “hold” rating in a research report on Wednesday, February 5th. Finally, StockNews.com raised A10 Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th.
Get Our Latest Report on A10 Networks About A10 Networks ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding ATEN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for A10 Networks, Inc. ( NYSE:ATEN – Free Report ). Receive News & Ratings for A10 Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A10 Networks and related companies with MarketBeat.
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