GW Henssler & Associates Ltd. increased its position in A10 Networks, Inc. (NYSE:ATEN – Get Rating) by 17.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 31,896 shares of the communications equipment provider's stock after buying an additional 4,754 shares during the period. GW Henssler & Associates Ltd.'s holdings in A10 Networks were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of ATEN. JPMorgan Chase & Co. lifted its position in shares of A10 Networks by 11.6% during the 1st quarter. JPMorgan Chase & Co. now owns 1,014,465 shares of the communications equipment provider's stock worth $14,151,000 after purchasing an additional 105,120 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of A10 Networks by 8.1% during the first quarter. Bank of New York Mellon Corp now owns 1,971,858 shares of the communications equipment provider's stock worth $27,508,000 after buying an additional 148,301 shares during the last quarter. American Century Companies Inc. acquired a new position in shares of A10 Networks during the first quarter worth approximately $141,000. US Bancorp DE lifted its holdings in shares of A10 Networks by 50.7% during the first quarter. US Bancorp DE now owns 35,999 shares of the communications equipment provider's stock worth $502,000 after buying an additional 12,112 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in shares of A10 Networks by 55.4% during the first quarter. MetLife Investment Management LLC now owns 32,698 shares of the communications equipment provider's stock worth $456,000 after buying an additional 11,660 shares during the last quarter. Institutional investors and hedge funds own 88.86% of the company's stock.

A10 Networks Trading Down 0.1 %

Shares of NYSE ATEN opened at $15.75 on Wednesday. The business has a fifty day simple moving average of $17.19 and a 200 day simple moving average of $15.77. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 31.50 and a beta of 1.02. A10 Networks, Inc. has a one year low of $12.27 and a one year high of $19.79.

A10 Networks Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 1st. Stockholders of record on Tuesday, November 15th were issued a $0.06 dividend. The ex-dividend date of this dividend was Monday, November 14th. This is a boost from A10 Networks's previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.52%. A10 Networks's dividend payout ratio is presently 48.00%.

Analyst Ratings Changes

A number of research analysts have recently commented on ATEN shares. StockNews.com upgraded A10 Networks from a "hold" rating to a "buy" rating in a report on Thursday, November 10th. BWS Financial upped their price target on A10 Networks from $20.00 to $24.00 and gave the stock a "buy" rating in a report on Wednesday, November 2nd.

Insider Buying and Selling

In other A10 Networks news, CEO Dhrupad Trivedi sold 15,079 shares of the company's stock in a transaction on Tuesday, December 6th. The stock was sold at an average price of $18.84, for a total value of $284,088.36. Following the sale, the chief executive officer now directly owns 500,956 shares in the company, valued at $9,438,011.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other A10 Networks news, CEO Dhrupad Trivedi sold 15,079 shares of the business's stock in a transaction dated Tuesday, December 6th. The shares were sold at an average price of $18.84, for a total value of $284,088.36. Following the transaction, the chief executive officer now directly owns 500,956 shares in the company, valued at $9,438,011.04. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Matthew P. Bruening sold 5,143 shares of the company's stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $17.71, for a total transaction of $91,082.53. Following the sale, the executive vice president now directly owns 120,775 shares in the company, valued at $2,138,925.25. The disclosure for this sale can be found here. Insiders sold 85,763 shares of company stock worth $1,555,514 in the last 90 days. 14.22% of the stock is owned by company insiders.

A10 Networks Company Profile

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A10 Networks, Inc provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and microservices; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks.

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