A10 Networks Inc (NYSE: ATEN) is -6.14% lower on its value in year-to-date trading and has touched a low of $12.27 and a high of $21.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ATEN stock was last observed hovering at around $17.45 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $17.27, the stock is -6.71% and -11.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -1.03% at the moment leaves the stock 7.29% off its SMA200. ATEN registered 26.15% gain for a year compared to 6-month gain of 25.05%. The firm has a 50-day simple moving average (SMA 50) of $19.4542 and a 200-day simple moving average (SMA200) of $16.0971.
The stock witnessed a -14.46% loss in the last 1 month and extending the period to 3 months gives it a -6.70%, and is -0.92% down 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 2.28% over the week and 3.65% over the month.
A10 Networks Inc (ATEN) has around 481 employees, a market worth around $1.28B and $261.70M in sales. Current P/E ratio is 25.86 and Fwd P/E is 18.53. Profit margin for the company is 19.16%. Distance from 52-week low is 40.75% and -21.12% from its 52-week high. The company has generated returns on investments over the last 12 months (20.98%).
The EPS is expected to shrink by -6.98% this year
333.0 institutions hold shares in A10 Networks Inc (ATEN), with institutional investors hold 92.36% of the company’s shares. The shares outstanding are 73.69M, and float is at 71.64M with Short Float at 4.84%. Institutions hold 91.27% 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 17.1154 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 4.1808 and valued at over $43.06 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 3.2601 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 Trivedi Dhrupad, the company’s Chief Executive Officer. SEC filings show that Trivedi Dhrupad sold 26,812 shares of the company’s common stock on Mar 03 ’25 at a price of $20.59 per share for a total of $0.55 million. Following the sale, the insider now owns 0.72 million shares.
A10 Networks Inc disclosed in a document filed with the SEC on Feb 28 ’25 that Trivedi Dhrupad (Chief Executive Officer) sold a total of 26,813 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $20.57 per share for $0.55 million. Following the transaction, the insider now directly holds 0.74 million shares of the ATEN stock.
Still, SEC filings show that on Mar 04 ’25, Trivedi Dhrupad (Chief Executive Officer) disposed off 26,813 shares at an average price of $19.80 for $0.53 million. The insider now directly holds 688,396 shares of A10 Networks Inc (ATEN).
