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Dupont Capital Management Corp Has $435,000 Position in A10 Networks, Inc. (NYSE:ATEN)


Dupont Capital Management Corp reduced its holdings in A10 Networks, Inc. (NYSE:ATEN – Get Rating) by 8.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,182 shares of the communications equipment provider’s stock after selling 2,758 shares during the quarter. Dupont Capital Management Corp’s holdings in A10 Networks were worth $435,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in ATEN. New York State Teachers Retirement System lifted its stake in shares of A10 Networks by 48.6% in the first quarter. New York State Teachers Retirement System now owns 5,200 shares of the communications equipment provider’s stock valued at $73,000 after buying an additional 1,700 shares during the period. Lewis Capital Management LLC lifted its stake in shares of A10 Networks by 1.5% in the first quarter. Lewis Capital Management LLC now owns 176,856 shares of the communications equipment provider’s stock valued at $2,467,000 after buying an additional 2,562 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in shares of A10 Networks by 17.8% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 88,948 shares of the communications equipment provider’s stock valued at $1,241,000 after buying an additional 13,437 shares during the period. Bailard Inc. bought a new stake in shares of A10 Networks in the first quarter valued at about $283,000. Finally, Assenagon Asset Management SA lifted its stake in shares of A10 Networks by 0.3% in the first quarter. Assenagon Asset Management SA now owns 416,733 shares of the communications equipment provider’s stock valued at $5,813,000 after buying an additional 1,326 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.

A10 Networks Stock Up 3.9%

Shares of ATEN opened at $13.92 on Friday. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 11.32 and a beta of 0.94. A10 Networks, Inc. has a 12 month low of $10.50 and a 12 month high of $19.05. The company has a 50-day moving average price of $14.56 and a two-hundred day moving average price of $14.25.

A10 Networks (NYSE:ATEN – Get Rating) last announced its quarterly earnings results on Tuesday, May 3rd. The communications equipment provider reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.03. The firm had revenue of $62.67 million during the quarter, compared to analysts’ expectations of $61.00 million. A10 Networks had a net margin of 38.23% and a return on equity of 20.46%. During the same quarter last year, the company earned $0.06 earnings per share. Equities research analysts expect that A10 Networks, Inc. will post 0.46 EPS for the current fiscal year.

A10 Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 1st. Stockholders of record on Monday, May 16th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend was Friday, May 13th. A10 Networks’s dividend payout ratio (DPR) is currently 16.26%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of A10 Networks in a research note on Thursday, March 31st. They set a “buy” rating for the company.

Insider Activity

In other news, Director Eric Singer sold 21,949 shares of A10 Networks stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $15.85, for a total value of $347,891.65. Following the completion of the transaction, the director now owns 51,190 shares in the company, valued at $811,361.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Robert D. Cochran sold 2,633 shares of A10 Networks stock in a transaction that occurred on Friday, May 6th. The shares were sold at an average price of $15.01, for a total value of $39,521.33. Following the completion of the transaction, the executive vice president now owns 342,825 shares in the company, valued at $5,145,803.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Eric Singer sold 21,949 shares of the firm’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $15.85, for a total transaction of $347,891.65. Following the completion of the sale, the director now directly owns 51,190 shares of the company’s stock, valued at approximately $811,361.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 496,308 shares of company stock worth $7,348,989. Insiders own 14.22% of the company’s stock.

A10 Networks Company Profile

(GetRating)

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 increase 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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Institutional Ownership by Quarter for A10 Networks (NYSE:ATEN)



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