GW Henssler & Associates Ltd. Has $157,000 Position in A10 Networks, Inc. (NYSE:ATEN)

GW Henssler & Associates Ltd. decreased its holdings in A10 Networks, Inc. (NYSE:ATEN) by 26.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,881 shares of the communications equipment provider’s stock after selling 3,999 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in A10 Networks were worth $157,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mackenzie Financial Corp grew its holdings in shares of 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 purchasing an additional 6,217 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of A10 Networks by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 7,068,348 shares of the communications equipment provider’s stock valued at $93,090,000 after acquiring an additional 102,501 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of A10 Networks in the second quarter valued at approximately $1,201,000. Point72 DIFC Ltd acquired a new position in shares of A10 Networks in the 2nd quarter worth approximately $516,000. Finally, Russell Investments Group Ltd. grew its position in 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 worth $8,020,000 after acquiring an additional 24,672 shares during the last quarter. 98.61% of the stock is owned by institutional investors.

A10 Networks Price Performance

Shares of NYSE:ATEN opened at $14.68 on Wednesday. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 24.07 and a beta of 1.11. The company has a 50 day moving average of $13.96 and a 200-day moving average of $13.99. A10 Networks, Inc. has a one year low of $10.55 and a one year high of $16.46.

A10 Networks (NYSE:ATEN) last released its quarterly earnings data on Tuesday, July 30th. The communications equipment provider reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $60.10 million during the quarter, compared to the consensus estimate of $64.30 million. A10 Networks had a return on equity of 21.29% and a net margin of 17.51%. The firm’s revenue was down 8.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.14 earnings per share. Equities research analysts anticipate that A10 Networks, Inc. will post 0.65 earnings per share for the current year.

Analyst Ratings Changes

ATEN has been the topic of several research analyst reports. StockNews.com upgraded A10 Networks from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th. BWS Financial reissued a “buy” rating and set a $17.00 price objective on shares of A10 Networks in a report on Tuesday, July 9th.

A10 Networks Company Profile

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.