A10 Networks Inc (NYSE: ATEN) is 13.21% higher on its value in year-to-date trading and has touched a low of $12.27 and a high of $20.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ATEN stock was last observed hovering at around $20.28 in the last trading session, with the day’s gains setting it 0.55%.
Currently trading at $20.83, the stock is 8.97% and 12.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 2.71% at the moment leaves the stock 36.28% off its SMA200. ATEN registered 58.40% gain for a year compared to 6-month gain of 67.71%. The firm has a 50-day simple moving average (SMA 50) of $18.4082 and a 200-day simple moving average (SMA200) of $15.24515.
The stock witnessed a 13.89% loss in the last 1 month and extending the period to 3 months gives it a 42.48%, and is 7.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.00% over the week and 3.20% over the month.
A10 Networks Inc (ATEN) has around 525 employees, a market worth around $1.54B and $261.70M in sales. Current P/E ratio is 31.39 and Fwd P/E is 22.34. Profit margin for the company is 19.16%. Distance from 52-week low is 69.76% and 1.66% from its 52-week high. The company has generated returns on investments over the last 12 months (22.22%).
with sales reaching $63.63M over the same period.The EPS is expected to shrink by -6.98% this year, but quarterly earnings will post 7.24% year-over-year. Quarterly sales are estimated to grow 4.87% in year-over-year returns.
316.0 institutions hold shares in A10 Networks Inc (ATEN), with institutional investors hold 91.81% of the company’s shares. The shares outstanding are 73.69M, and float is at 71.73M with Short Float at 2.78%. Institutions hold 91.24% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.73 million shares valued at $176.28 million. The investor’s holdings represent 17.0958 of the ATEN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.12 million shares valued at $98.66 million to account for 9.5682 of the shares outstanding. The other top investors are STATE STREET CORP which holds 3.11 million shares representing 4.176 and valued at over $43.06 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 3.2564 of the shares totaling 2.42 million with a market value of $33.58 million.
A10 Networks Inc (ATEN) Insider Activity
The most recent transaction is an insider sale by Weber Robert Scott, the company’s General Counsel. SEC filings show that Weber Robert Scott sold 812 shares of the company’s common stock on Dec 06 ’24 at a price of $18.19 per share for a total of $14770.0. Following the sale, the insider now owns 28230.0 shares.
A10 Networks Inc disclosed in a document filed with the SEC on Nov 27 ’24 that Becker Brian (Chief Financial Officer) sold a total of 1,200 shares of the company’s common stock. The trade occurred on Nov 27 ’24 and was made at $16.95 per share for $20340.0. Following the transaction, the insider now directly holds 32641.0 shares of the ATEN stock.
Still, SEC filings show that on Nov 14 ’24, CHUNG PETER Y (Director) disposed off 23,754 shares at an average price of $16.36 for $0.39 million. The insider now directly holds 516,933 shares of A10 Networks Inc (ATEN).
