The price of A10 Networks Inc (NYSE:ATEN) shares last traded on Wall Street fell -0.05% to $18.40.
ATEN stock price is now 9.31% away from the 50-day moving average and 25.67% away from the 200-day moving average. The market capitalization of the company currently stands at $1.36B.
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With the price target enhanced from $17 to $24, BWS Financial maintained Buy rating for A10 Networks Inc (NYSE: ATEN). On November 08, 2024, Craig Hallum Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $16, while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, Weber Robert Scott, General Counsel sold 812 shares of the company’s stock on Dec 06 ’24. The stock was sold for $14,770 at an average price of $18.19. Upon completion of the transaction, the General Counsel now directly owns 28,230 shares in the company, valued at $0.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’24, Chief Financial Officer Becker Brian sold 1,200 shares of the business’s stock. A total of $20,340 was realized by selling the stock at an average price of $16.95. This leaves the insider owning 32,641 shares of the company worth $0.6 million. A total of 2.58% of the company’s stock is owned by insiders.
During the past 12 months, A10 Networks Inc has had a low of $12.27 and a high of $19.37. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 2.19, and a quick ratio of 2.01. According to the stock market information, the enterprise value for the company is $1189020800, which is based on a 27.77 price-to-earnings ratio, a 1.32 price-to-earnings-growth ratio, and a beta of 1.14. The fifty day moving average price for ATEN is $16.7574 and a two-hundred day moving average price translates $14.6176 for the stock.
The latest earnings results from A10 Networks Inc (NYSE: ATEN) was released for 2024-09-30. The net profit margin was 19.29% and return on equity was 24.03% for ATEN. The company reported revenue of $66.72 million for the quarter, compared to $57.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.48 percent. For the current quarter, analysts expect ATEN to generate $71.82M in revenue.
