Teachers Advisors LLC raised its stake in A10 Networks, Inc. (NYSE:ATEN) by 133.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 281,733 shares of the communications equipment provider’s stock after buying an additional 160,815 shares during the period. Teachers Advisors LLC owned 0.48% of A10 Networks worth $2,341,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of ATEN. A.R.T. Advisors LLC purchased a new stake in shares of A10 Networks during the fourth quarter worth about $112,000. Teza Capital Management LLC bought a new stake in shares of A10 Networks during the fourth quarter worth $161,000. Tudor Investment Corp Et Al raised its stake in shares of A10 Networks by 1.1% in the fourth quarter. Tudor Investment Corp Et Al now owns 26,310 shares of the communications equipment provider’s stock worth $219,000 after buying an additional 292 shares during the last quarter. BlackRock Inc. raised its stake in shares of A10 Networks by 36.8% in the third quarter. BlackRock Inc. now owns 59,302 shares of the communications equipment provider’s stock worth $634,000 after buying an additional 15,938 shares during the last quarter. Finally, Putnam Investments LLC raised its stake in shares of A10 Networks by 1.9% in the fourth quarter. Putnam Investments LLC now owns 79,778 shares of the communications equipment provider’s stock worth $663,000 after buying an additional 1,475 shares during the last quarter. Institutional investors and hedge funds own 57.77% of the company’s stock.
A10 Networks, Inc. (NYSE ATEN) traded up 0.12% on Tuesday, hitting $8.46. 101,013 shares of the stock traded hands. The firm has a 50-day moving average price of $8.29 and a 200-day moving average price of $8.64. The company’s market capitalization is $499.39 million. A10 Networks, Inc. has a 12 month low of $6.05 and a 12 month high of $10.86.
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Separately, Zacks Investment Research raised shares of A10 Networks from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a research report on Friday, May 5th.
In other A10 Networks news, CEO Lee Chen sold 25,000 shares of the stock in a transaction on Friday, March 24th. The stock was sold at an average price of $9.21, for a total value of $230,250.00. Following the completion of the transaction, the chief executive officer now owns 10,889,788 shares in the company, valued at $100,294,947.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Neil Wu Becker sold 9,534 shares of the stock in a transaction on Thursday, April 6th. The stock was sold at an average price of $8.77, for a total value of $83,613.18. Following the completion of the transaction, the vice president now owns 128,118 shares of the company’s stock, valued at approximately $1,123,594.86. The disclosure for this sale can be found here. Insiders sold 322,236 shares of company stock valued at $2,768,259 in the last quarter. 34.05% of the stock is currently owned by company insiders.
A10 Networks Company Profile
A10 Networks, Inc is a provider of software and hardware solutions. The Company’s solutions enable its customers to secure and optimize the performance of their data center and cloud applications, and secure their users, applications and infrastructure from Internet, Web and network threats at scale.
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