In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on A10 Networks (ATEN – Research Report). The company’s shares closed last Friday at $13.17.
According to TipRanks, Powell is a 5-star analyst with an average return of 9.5% and a 55.51% success rate. Powell covers the Technology sector, focusing on stocks such as A10 Networks, Okta, and Palo Alto Networks.
Currently, the analyst consensus on A10 Networks is a Moderate Buy with an average price target of $29.00.
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The company has a one-year high of $16.71 and a one-year low of $9.99. Currently, A10 Networks has an average volume of 903.8K.
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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