Impax Asset Management Group plc lifted its holdings in A10 Networks, Inc. (NYSE:ATEN - Free Report) by 25.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 687,500 shares of the communications equipment provider's stock after purchasing an additional 137,500 shares during the quarter. Impax Asset Management Group plc owned 0.92% of A10 Networks worth $9,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mackenzie Financial Corp raised its position in A10 Networks by 15.6% in the 2nd quarter. Mackenzie Financial Corp now owns 46,062 shares of the communications equipment provider's stock worth $638,000 after buying an additional 6,217 shares during the last quarter. SG Americas Securities LLC purchased a new stake in A10 Networks in the second quarter worth approximately $1,201,000. Point72 DIFC Ltd purchased a new stake in A10 Networks during the 2nd quarter valued at $516,000. Russell Investments Group Ltd. lifted its holdings in shares of A10 Networks by 4.4% during the 1st quarter. Russell Investments Group Ltd. now owns 585,827 shares of the communications equipment provider's stock valued at $8,020,000 after buying an additional 24,672 shares during the period. Finally, ProShare Advisors LLC boosted its stake in shares of A10 Networks by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 14,226 shares of the communications equipment provider's stock worth $195,000 after buying an additional 984 shares during the last quarter. 98.61% of the stock is owned by institutional investors.
NYSE:ATEN opened at $14.72 on Wednesday. A10 Networks, Inc. has a one year low of $10.84 and a one year high of $16.46. The business has a fifty day moving average price of $14.12 and a 200-day moving average price of $14.06. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 24.95 and a beta of 1.11.
A number of research firms have weighed in on ATEN. BWS Financial reissued a "buy" rating and issued a $17.00 target price on shares of A10 Networks in a report on Tuesday, July 9th. StockNews.com upgraded shares of A10 Networks from a "hold" rating to a "buy" rating in a research note on Wednesday, October 16th.
View Our Latest Research Report on ATEN
A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.
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