A10 Networks Inc (NYSE:ATEN) CFO Thomas Constantino sold 15,622 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $6.65, for a total value of $103,886.30. Following the completion of the sale, the chief financial officer now directly owns 228,874 shares of the company’s stock, valued at $1,522,012.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Thomas Constantino also recently made the following trade(s):
- On Wednesday, May 6th, Thomas Constantino sold 2,577 shares of A10 Networks stock. The shares were sold at an average price of $6.68, for a total value of $17,214.36.
- On Monday, April 27th, Thomas Constantino sold 3,487 shares of A10 Networks stock. The stock was sold at an average price of $6.84, for a total value of $23,851.08.
NYSE:ATEN opened at $7.25 on Friday. The firm has a 50-day moving average price of $6.83 and a two-hundred day moving average price of $6.61. A10 Networks Inc has a 52 week low of $3.43 and a 52 week high of $8.29.
A10 Networks (NYSE:ATEN) last issued its quarterly earnings results on Thursday, May 7th. The communications equipment provider reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.08. The business had revenue of $53.76 million for the quarter, compared to analyst estimates of $51.47 million. A10 Networks had a negative return on equity of 2.70% and a negative net margin of 2.70%. Equities analysts forecast that A10 Networks Inc will post 0.01 earnings per share for the current year.
Separately, Zacks Investment Research downgraded shares of A10 Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 9th.
Large investors have recently modified their holdings of the stock. AXA purchased a new stake in shares of A10 Networks during the 1st quarter worth approximately $65,000. Advisor Group Holdings Inc. bought a new position in A10 Networks during the first quarter valued at $29,000. AQR Capital Management LLC grew its holdings in A10 Networks by 7.3% during the first quarter. AQR Capital Management LLC now owns 120,087 shares of the communications equipment provider’s stock valued at $746,000 after purchasing an additional 8,219 shares during the period. Engineers Gate Manager LP purchased a new stake in A10 Networks in the first quarter worth $99,000. Finally, Invesco Ltd. raised its stake in shares of A10 Networks by 11.6% in the first quarter. Invesco Ltd. now owns 30,283 shares of the communications equipment provider’s stock valued at $188,000 after buying an additional 3,146 shares during the period. 68.20% of the stock is currently owned by institutional investors.
About A10 Networks
A10 Networks, Inc provides software and hardware solutions in the United States, Japan, other Asia Pacific and EMEA countries, and internationally. 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 micro services; and Thunder carrier grade network address translation product, which offers network address and protocol translation services for service provider networks.
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