Hennion & Walsh Asset Management Inc. increased its position in A10 Networks, Inc. (NYSE:ATEN – Free Report) by 24.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 141,978 shares of the communications equipment provider’s stock after purchasing an additional 27,882 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in A10 Networks were worth $5,304,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd acquired a new position in A10 Networks in the 4th quarter worth $26,000. Farther Finance Advisors LLC grew its stake in shares of A10 Networks by 92.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,255 shares of the communications equipment provider’s stock valued at $40,000 after acquiring an additional 1,083 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of A10 Networks by 4,621.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,408 shares of the communications equipment provider’s stock valued at $43,000 after acquiring an additional 2,357 shares in the last quarter. Clearstead Advisors LLC increased its position in shares of A10 Networks by 2,829.4% during the fourth quarter. Clearstead Advisors LLC now owns 2,490 shares of the communications equipment provider’s stock worth $44,000 after acquiring an additional 2,405 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in shares of A10 Networks in the fourth quarter worth about $77,000. 98.61% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Zacks Research downgraded A10 Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Mizuho lifted their price objective on A10 Networks from $30.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. BWS Financial reaffirmed a “buy” rating and issued a $45.00 target price on shares of A10 Networks in a research report on Thursday. BTIG Research reiterated a “buy” rating and set a $37.00 target price on shares of A10 Networks in a research note on Thursday. Finally, Weiss Ratings upgraded A10 Networks from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $31.29.
A10 Networks News Roundup
Here are the key news stories impacting A10 Networks this week:
- Positive Sentiment: Analysts remain constructive on A10 Networks. BWS Financial reaffirmed its “Buy” rating with a $45 price target, while BTIG Research maintained its “Buy” rating and a $37 target—both implying substantial upside from recent trading levels. A10 Networks Given Buy Rating at BWS Financial
- Positive Sentiment: A10 Networks declared a quarterly dividend of $0.06 per share, payable September 1 to shareholders of record August 17. The dividend supports shareholder returns and represents an annualized yield of approximately 0.9%. A10 Networks Declares Dividend
- Neutral Sentiment: In its second-quarter earnings update, A10 reported revenue of $80.14 million, up 15.5% year over year, and earnings of $0.25 per share versus $0.21 a year earlier. EPS exceeded some estimates but fell short of the $0.26 Zacks consensus, creating a mixed earnings signal. The company’s fiscal 2026 EPS guidance is $0.650–$0.661. A10 Networks Q2 Earnings Snapshot
- Negative Sentiment: A10 Networks filed a prospectus supplement under its automatic shelf registration, enabling it to raise capital through potential future securities offerings. Although no immediate issuance was specified, the prospectus raises dilution concerns and may be weighing on the stock. A10 Networks Files Shelf Prospectus
A10 Networks Stock Performance
ATEN opened at $26.95 on Monday. The company has a 50-day moving average of $33.63 and a 200-day moving average of $26.84. The company has a market capitalization of $1.94 billion, a P/E ratio of 44.92 and a beta of 1.16. A10 Networks, Inc. has a 1-year low of $16.52 and a 1-year high of $38.49.
A10 Networks (NYSE:ATEN – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. The business had revenue of $80.14 million for the quarter, compared to analysts’ expectations of $77.28 million. A10 Networks had a net margin of 13.85% and a return on equity of 23.63%. The company’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.21 earnings per share. A10 Networks has set its FY 2026 guidance at 0.650-0.661 EPS. As a group, sell-side analysts expect that A10 Networks, Inc. will post 0.84 earnings per share for the current fiscal year.
A10 Networks Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.06 per share. The ex-dividend date is Monday, August 17th. This represents a $0.24 annualized dividend and a yield of 0.9%. A10 Networks’s dividend payout ratio is presently 40.00%.
A10 Networks Profile
A10 Networks, Inc (NYSE: ATEN), headquartered in San Jose, California, designs and sells networking and security solutions that accelerate application performance and protect data across on-premises, cloud and hybrid environments. Founded in 2004, the company’s offerings target enterprises, service providers and cloud operators seeking high availability, secure access and optimized traffic delivery for critical applications.
The company’s core portfolio includes application delivery controllers (ADCs) for load balancing and traffic management, advanced distributed denial-of-service (DDoS) protection appliances, SSL inspection solutions and carrier-grade NAT (CGNAT) platforms.
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