A10 Networks, Inc. (NYSE:ATEN) Holdings Raised by Trexquant Investment LP

Trexquant Investment LP raised its stake in shares of A10 Networks, Inc. (NYSE:ATEN) by 137.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 195,560 shares of the communications equipment provider’s stock after buying an additional 113,163 shares during the period. Trexquant Investment LP’s holdings in A10 Networks were worth $3,598,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ATEN. State Street Corp boosted its stake in A10 Networks by 2.0% during the third quarter. State Street Corp now owns 3,171,077 shares of the communications equipment provider’s stock valued at $45,790,000 after buying an additional 62,015 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of A10 Networks by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 1,677,206 shares of the communications equipment provider’s stock worth $30,868,000 after purchasing an additional 14,764 shares during the last quarter. Royce & Associates LP raised its holdings in shares of A10 Networks by 9.1% in the 4th quarter. Royce & Associates LP now owns 919,068 shares of the communications equipment provider’s stock worth $16,911,000 after purchasing an additional 76,412 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in A10 Networks by 2.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 816,165 shares of the communications equipment provider’s stock valued at $15,017,000 after purchasing an additional 20,537 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in A10 Networks by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 668,430 shares of the communications equipment provider’s stock worth $12,299,000 after buying an additional 17,510 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors.

A10 Networks Price Performance

A10 Networks stock opened at $14.92 on Monday. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 22.27 and a beta of 1.17. The company’s fifty day moving average price is $19.17 and its two-hundred day moving average price is $17.51. A10 Networks, Inc. has a one year low of $12.27 and a one year high of $21.90.

A10 Networks (NYSE:ATEN) last announced its quarterly earnings results on Tuesday, February 4th. The communications equipment provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.22 by $0.03. A10 Networks had a return on equity of 23.44% and a net margin of 19.16%. As a group, sell-side analysts anticipate that A10 Networks, Inc. will post 0.69 earnings per share for the current year.

A10 Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.61%. The ex-dividend date was Friday, February 14th. A10 Networks’s dividend payout ratio is currently 35.82%.

Wall Street Analyst Weigh In

ATEN has been the topic of a number of recent analyst reports. BWS Financial reaffirmed a “buy” rating and set a $24.00 target price on shares of A10 Networks in a research report on Wednesday, February 5th. StockNews.com upgraded A10 Networks from a “hold” rating to a “buy” rating in a report on Wednesday, March 12th. Finally, Craig Hallum lifted their target price on shares of A10 Networks from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Wednesday, February 5th.

About A10 Networks

A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.