A10 Networks (ATEN) is Upgraded by Dougherty & Company to Buy according to the research report released to the investors. The brokerage firm has set the Price Target of the shares at $8. Earlier the firm had a rating of Neutral on the company shares. The shares recommendation by the Brokerage Firm was released on Oct-30-2015.
Currently the company Insiders own 40.43% of A10 Networks, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.81% . Institutional Investors own 40.65% of A10 Networks, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 2.81%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of A10 Networks, Inc., Salsbury Phillip J had purchased shares worth of $123,800 in a transaction dated on August 25, 2015. A total of 20,000 shares were purchased at a price of $6.19 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
The company shares have rallied 55.01% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $7.40 and the one year low was seen on Dec 3, 2014. The 50-Day Moving Average price is $6.32 and the 200 Day Moving Average price is recorded at $6.05.A10 Networks, Inc. is up 12.62% in the last 3-month period. Year-to-Date the stock performance stands at 35.09%.”
A10 Networks, Inc. (NYSE:ATEN): The stock price is expected to reach $ 7.57 in the short term. The number of analysts agreeing with this consensus is 7. The higher estimate for the short term price target is at $11 while the lower estimate is at $5. The standard deviation of the price stands at $1.92.
A10 Networks, Inc. (NYSE:ATEN) witnessed a decline in the market cap on Tuesday as its shares dropped 7.1% or 0.45 points. After the session commenced at $6.31, the stock reached the higher end at $6.35 while it hit a low of $5.78. With the volume soaring to 466,082 shares, the last trade was called at $5.89. The company has a 52-week high of $7.4. The company has a market cap of $368 million and there are 62,420,669 shares in outstanding. The 52-week low of the share price is $3.9.
A10 Networks, Inc. (A10) is a provider of advanced application networking technologies. The Company’s solutions enable enterprises, service providers, Web giants and government organizations to accelerate, secure and optimize the performance of their data center applications and networks. It’s products are built on its Advanced Core Operating System (ACOS), platform of advanced networking technologies, which is designed to enable its products to deliver substantially performance and security relative to prior generation application networking products. The Company offers three software based advanced application networking solutions application delivery controllers (ADCs), to optimize data center performance; carrier grade network address translation (CGN), to provide address and protocol translation services for service provider networks; and a distributed denial of service threat protection system (TPS), for network-wide security protection.