A10 Networks (ATEN) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC raised its stake in A10 Networks (NYSE:ATEN) by 14.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 324,343 shares of the communications equipment provider’s stock after buying an additional 41,337 shares during the period. Teachers Advisors LLC owned approximately 0.46% of A10 Networks worth $2,504,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. BlackRock Inc. increased its stake in shares of A10 Networks by 3.3% during the 4th quarter. BlackRock Inc. now owns 4,600,752 shares of the communications equipment provider’s stock worth $35,518,000 after purchasing an additional 146,307 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of A10 Networks by 33.0% during the 4th quarter. Alliancebernstein L.P. now owns 3,876,042 shares of the communications equipment provider’s stock worth $29,923,000 after purchasing an additional 960,720 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of A10 Networks by 22.0% during the 4th quarter. Renaissance Technologies LLC now owns 2,796,200 shares of the communications equipment provider’s stock worth $21,587,000 after purchasing an additional 503,500 shares in the last quarter. Divisar Capital Management LLC increased its stake in shares of A10 Networks by 15.1% during the 4th quarter. Divisar Capital Management LLC now owns 2,390,453 shares of the communications equipment provider’s stock worth $18,454,000 after purchasing an additional 314,235 shares in the last quarter. Finally, Royce & Associates LP increased its stake in shares of A10 Networks by 9.1% during the 4th quarter. Royce & Associates LP now owns 896,600 shares of the communications equipment provider’s stock worth $6,922,000 after purchasing an additional 75,100 shares in the last quarter. 62.19% of the stock is owned by institutional investors.

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A number of research analysts have recently weighed in on ATEN shares. Zacks Investment Research cut shares of A10 Networks from a “hold” rating to a “sell” rating in a research note on Friday, January 19th. ValuEngine cut shares of A10 Networks from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. DA Davidson set a $8.00 target price on shares of A10 Networks and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Finally, Dougherty & Co cut shares of A10 Networks from a “buy” rating to a “neutral” rating in a research note on Friday, March 23rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $8.00.

In other A10 Networks news, VP Gunter Reiss sold 4,210 shares of A10 Networks stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $6.31, for a total value of $26,565.10. Following the completion of the sale, the vice president now directly owns 130,719 shares of the company’s stock, valued at approximately $824,836.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert D. Cochran sold 10,197 shares of A10 Networks stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $5.98, for a total transaction of $60,978.06. The disclosure for this sale can be found here. 31.57% of the stock is currently owned by insiders.

ATEN stock opened at $6.11 on Monday. A10 Networks has a one year low of $5.63 and a one year high of $9.75.

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About A10 Networks

A10 Networks, Inc provides software and hardware solutions in the United States, Japan, and internationally. The company's products are built on advanced core operating system platform. It offers application delivery controllers that provide advanced server load balancing; lightning application delivery service, a cloud-native software-as-a-service platform designed to boost the delivery and security of applications and micro services; and carrier grade networking address translation product that offer network 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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