A10 Networks (NYSE:ATEN) Shares Climb 11.2% Following Earnings Beat

Posted by Stanley Muller on Nov 6th, 2026

A10 Networks, Inc. (NYSE:ATEN – Get Free Report)’s stock price was up 11.2% during trading on Friday after the company announced better than expected quarterly earnings. The stock traded as high as $26.00 and last traded at $25.1380. 204,318 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 1,093,914 shares. The stock had previously closed at $22.60.

The communications equipment provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. A10 Networks had a return on equity of 23.63% and a net margin of 13.85%. The firm had revenue of $91.55 million for the quarter, compared to the consensus estimate of $83.88 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The firm’s revenue was up 22.6% on a year-over-year basis.

A10 Networks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be paid a $0.06 dividend. The ex-dividend date is Monday, November 16th. This represents a $0.24 dividend on an annualized basis and a yield of 1.0%. A10 Networks’s payout ratio is 40.00%.

Analyst Ratings Changes

Several brokerages have recently commented on ATEN. BWS Financial restated a “buy” rating and set a $45.00 price target on shares of A10 Networks in a research note on Friday, August 14th. Weiss Ratings lowered shares of A10 Networks from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 17th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of A10 Networks in a report on Monday, August 31st. They issued a “hold” rating and a $28.00 price objective for the company. Mizuho lowered their target price on shares of A10 Networks from $34.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Finally, BTIG Research reissued a “buy” rating and set a $37.00 target price on shares of A10 Networks in a research report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $30.38.

Get Our Latest Stock Report on A10 Networks

Insiders Place Their Bets

In other news, General Counsel Robert Weber sold 14,086 shares of A10 Networks stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $27.86, for a total value of $392,435.96. Following the transaction, the general counsel directly owned 50,586 shares in the company, valued at approximately $1,409,325.96. The trade was a 21.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Dana Wolf sold 2,652 shares of A10 Networks stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $25.65, for a total value of $68,023.80. Following the completion of the transaction, the director owned 57,409 shares in the company, valued at $1,472,540.85. The trade was a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.21% of the stock is owned by insiders.

Institutional Trading of A10 Networks

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATEN. Signaturefd LLC raised its holdings in A10 Networks by 24.2% in the 2nd quarter. Signaturefd LLC now owns 2,159 shares of the communications equipment provider’s stock valued at $81,000 after acquiring an additional 421 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of A10 Networks by 1.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,959 shares of the communications equipment provider’s stock worth $1,119,000 after purchasing an additional 458 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of A10 Networks by 14.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,938 shares of the communications equipment provider’s stock worth $91,000 after purchasing an additional 488 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of A10 Networks by 83.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,167 shares of the communications equipment provider’s stock worth $44,000 after purchasing an additional 531 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of A10 Networks by 9.1% during the second quarter. GAMMA Investing LLC now owns 7,211 shares of the communications equipment provider’s stock valued at $269,000 after purchasing an additional 603 shares during the period. Institutional investors and hedge funds own 98.61% of the company’s stock.

A10 Networks Stock Up 9.3%

The business has a 50-day moving average price of $25.96 and a 200-day moving average price of $26.55. The firm has a market capitalization of $1.79 billion, a P/E ratio of 41.38 and a beta of 0.99.

About A10 Networks

(Get Free Report)

A10 Networks, Inc is a cybersecurity and networking company that provides solutions designed to improve the availability, performance, and security of applications and digital services. Its offerings help organizations manage application traffic, protect networks from cyberattacks, and support secure access across data centers, private clouds, public clouds, and hybrid environments.

The company’s portfolio includes application delivery controllers, distributed denial-of-service (DDoS) protection, secure application services, carrier-grade networking solutions, and centralized management and analytics tools.