Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of A10 Networks, Inc. (NYSE:ATEN – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 35,622 shares of the communications equipment provider’s stock, valued at approximately $966,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ATEN. BlackRock Inc. acquired a new stake in shares of A10 Networks during the second quarter worth approximately $506,919,000. Bank of America Corp DE acquired a new position in shares of A10 Networks in the 2nd quarter worth approximately $17,237,000. Punch & Associates Investment Management Inc. acquired a new position in shares of A10 Networks in the 2nd quarter worth approximately $44,412,000. Rice Hall James & Associates LLC bought a new stake in A10 Networks during the 2nd quarter worth approximately $9,158,000. Finally, Paradigm Capital Management Inc. NY bought a new stake in A10 Networks during the 2nd quarter worth approximately $14,372,000. 98.61% of the stock is currently owned by institutional investors and hedge funds.
A10 Networks News Summary
Here are the key news stories impacting A10 Networks this week:
- Positive Sentiment: Q3 revenue rose 22.6% year over year to $91.55 million, beating the $83.88 million consensus estimate. Earnings of $0.31 per share also topped the $0.27 forecast and the $0.23 reported a year earlier. A10 Networks Q3 2026 results
- Positive Sentiment: ATEN forecast FY 2026 EPS of $1.08–$1.10, above the $1.00 consensus, and revenue of $337 million, ahead of the $329.4 million estimate. The upbeat guidance suggests management expects continued growth.
- Neutral Sentiment: A10 declared a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and an indicated yield of about 1%. The payout adds modest shareholder income but is unlikely to be a major earnings driver.
- Negative Sentiment: Deutsche Bank lowered its price target to $24 from $28 while maintaining a Hold rating, signaling reduced expectations for the shares despite the strong results. Deutsche Bank price-target update
A10 Networks Price Performance
Shares of ATEN stock opened at $24.68 on Monday. A10 Networks, Inc. has a 1 year low of $16.52 and a 1 year high of $38.49. The company has a current ratio of 3.46, a quick ratio of 3.19 and a debt-to-equity ratio of 0.94. The firm’s 50 day moving average is $25.91 and its 200-day moving average is $26.59. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 37.39 and a beta of 0.99.
A10 Networks (NYSE:ATEN – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The communications equipment provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $91.55 million during the quarter, compared to analyst estimates of $83.88 million. A10 Networks had a net margin of 14.66% and a return on equity of 25.35%. A10 Networks’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 earnings per share. Sell-side analysts forecast that A10 Networks, Inc. will post 0.81 EPS for the current fiscal year.
A10 Networks Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.24 annualized dividend and a yield of 1.0%. A10 Networks’s dividend payout ratio is currently 36.36%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. BWS Financial reaffirmed a “buy” rating and set a $45.00 price target on shares of A10 Networks in a report on Friday, August 14th. Weiss Ratings lowered A10 Networks from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 17th. Deutsche Bank Aktiengesellschaft assumed coverage on A10 Networks in a report on Monday, August 31st. They set a “hold” rating and a $28.00 target price on the stock. BTIG Research restated a “buy” rating and issued a $37.00 target price on shares of A10 Networks in a research note on Thursday, August 6th. Finally, Mizuho lowered their target price on A10 Networks from $34.00 to $30.00 and set a “neutral” rating for the company in a research note on Thursday, October 15th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $30.38.
Check Out Our Latest Analysis on ATEN
Insiders Place Their Bets
In other A10 Networks news, Director Dana Wolf sold 2,652 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $25.65, for a total value of $68,023.80. Following the transaction, the director directly owned 57,409 shares in the company, valued at approximately $1,472,540.85. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Robert Weber sold 14,086 shares of A10 Networks stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $27.86, for a total value of $392,435.96. Following the completion of the sale, the general counsel directly owned 50,586 shares of the company’s stock, valued at $1,409,325.96. This trade represents a 21.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.21% of the stock is currently owned by company insiders.
A10 Networks Company Profile
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.
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