First Trust Advisors LP Sells 743,520 Shares of A10 Networks, Inc. $ATEN

Posted by George Bondi on Jul 28th, 2026

First Trust Advisors LP lowered its stake in A10 Networks, Inc. (NYSE:ATEN – Free Report) by 30.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,719,817 shares of the communications equipment provider’s stock after selling 743,520 shares during the period. First Trust Advisors LP’s holdings in A10 Networks were worth $39,762,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aster Capital Management DIFC Ltd bought a new stake in A10 Networks during the fourth quarter worth about $26,000. Farther Finance Advisors LLC increased its holdings in A10 Networks by 92.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider’s stock valued at $40,000 after buying an additional 1,083 shares during the period. Parkside Financial Bank & Trust increased its holdings in A10 Networks by 4,621.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider’s stock valued at $43,000 after buying an additional 2,357 shares during the period. Clearstead Advisors LLC raised its position in shares of A10 Networks by 2,829.4% in the 4th quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider’s stock valued at $44,000 after buying an additional 2,405 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of A10 Networks during the 4th quarter worth approximately $77,000. Institutional investors and hedge funds own 98.61% of the company’s stock.

Insiders Place Their Bets

In other A10 Networks news, Director Eric Singer sold 24,698 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $27.21, for a total value of $672,032.58. Following the sale, the director owned 68,806 shares in the company, valued at $1,872,211.26. This trade represents a 26.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.21% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ATEN. Weiss Ratings upgraded shares of A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Piper Sandler set a $45.00 price objective on shares of A10 Networks in a research report on Tuesday, June 16th. Zacks Research cut A10 Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. BWS Financial raised their target price on A10 Networks from $30.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, BTIG Research lifted their price target on A10 Networks from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, A10 Networks currently has an average rating of “Hold” and a consensus price target of $31.29.

View Our Latest Stock Analysis on ATEN

A10 Networks Trading Down 2.4%

ATEN opened at $33.45 on Tuesday. The company has a market cap of $2.41 billion, a P/E ratio of 53.96 and a beta of 1.14. The company has a current ratio of 3.71, a quick ratio of 3.56 and a debt-to-equity ratio of 0.99. The company’s 50 day moving average is $33.55 and its 200-day moving average is $26.07. A10 Networks, Inc. has a 1-year low of $16.52 and a 1-year high of $38.49.

A10 Networks (NYSE:ATEN – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The communications equipment provider reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.02. The business had revenue of $75.00 million during the quarter, compared to analysts’ expectations of $72.61 million. A10 Networks had a net margin of 14.90% and a return on equity of 25.00%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 EPS. Equities research analysts predict that A10 Networks, Inc. will post 0.83 earnings per share for the current fiscal year.

A10 Networks Company Profile

(Free Report)

A10 Networks, Inc (NYSE: ATEN), headquartered in San Jose, California, designs and sells networking and security solutions that accelerate application performance and protect data across on-premises, cloud and hybrid environments. Founded in 2004, the company’s offerings target enterprises, service providers and cloud operators seeking high availability, secure access and optimized traffic delivery for critical applications.

The company’s core portfolio includes application delivery controllers (ADCs) for load balancing and traffic management, advanced distributed denial-of-service (DDoS) protection appliances, SSL inspection solutions and carrier-grade NAT (CGNAT) platforms.