In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on A10 Networks (ATEN – Research Report). The company’s shares closed yesterday at $11.19.
Powell covers the Technology sector, focusing on stocks such as Okta, Splunk, and A10 Networks. According to TipRanks, Powell has an average return of 6.8% and a 51.89% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for A10 Networks with a $15.00 average price target.
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ATEN market cap is currently $810M and has a P/E ratio of 18.27.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ATEN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
A10 Networks (ATEN) Company Description:
A10 Networks, Inc. engages in the provision of application networking solutions that help organizations ensure that their data center applications and networks remain highly available, accelerated, and secure. It offers cloud storage, enterprise solutions, security products, data center, application delivery, load balancing, and distributed denial of service protection. The company was founded by Lee Chen in 2004 and is headquartered in San Jose, CA.
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