There Is A Quest For Clarity Surrounding A10 Networks Inc (NYSE: ATEN) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that A10 Networks Reports Financial Results for the Fourth Quarter of 2023.

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Stocks Info

This NYSE-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. The current market capitalization of A10 Networks Inc is $986.06M. A total of 0.49 million shares were traded on the day, compared to an average of 678.67K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ATEN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 6 BUYs and 26 SELLs from insiders. Insiders purchased 79,905 shares during that period but sold 189,657.

In the most recent transaction, Becker Brian sold 15,000 shares of ATEN for 12.93 per share on Feb 13. After the transaction, the Chief Financial Officer now owns 34,252 company shares. In a previous transaction on Feb 05, Trivedi Dhrupad sold 8,679 shares at 13.06 per share. ATEN shares that Chief Executive Officer owns now total 556,420.

Among the insiders who sold shares, Becker Brian disposed of 2,047 shares on Feb 05 at a per-share price of $13.06. This resulted in the Chief Financial Officer holding 49,252 shares of ATEN after the transaction. In another insider transaction, Trivedi Dhrupad sold 28,957 shares at $13.21 per share on Feb 02. Company shares held by the Chief Executive Officer now total 565,099.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. A10 Networks Inc pays an annual dividend of $0.24, resulting in a dividend yield of 1.80%, and it has a price to earnings (P/E) ratio of 25.00. ATEN’s most recent ex-dividend date was 2/15/2024 when it declared a $0.06 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/16/2023. The ATEN stock dividend was $0.06 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ATEN in the last 3 months, the mean price target is $16.00 with high estimates of $17.00 and low estimates of $15.00. In terms of 52-week highs and lows, ATEN has a high of $15.99 and a low of $10.03.

As of this writing, ATEN has an earnings estimate of $0.15 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.17 per share and a lower estimate of $0.13. The company reported an EPS of $0.16 in the last quarter, which was 14.30% higher than expectations of $0.14.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ATEN’s latest balance sheet shows that the firm has $185.04M in Cash & Short Term Investments as of fiscal 2021. There were $23.30M in debt and $116.08M in liabilities at the time. Its Book Value Per Share was $2.80, while its Total Shareholder’s Equity was $208.89M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ATEN is Buy with a score of 4.00.

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