A10 Networks Inc (ATEN) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that A10 Networks Reports Financial Results for the Fourth Quarter of 2023.

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Stocks Info

A10 Networks Inc is listed on the NYSE in the Technology sector while operating in the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $13.45 and fluctuated between $13.72 as its day high and $13.40 as its day low. The current market capitalization of A10 Networks Inc is $1.00B. A total of 0.76 million shares were traded on the day, compared to an average of 682.84K shares.

In the most recent transaction, Trivedi Dhrupad sold 60,606 shares of ATEN for 13.27 per share on Mar 05 ’24. After the transaction, the Chief Executive Officer now owns 495,814 company shares. In a previous transaction on Feb 13 ’24, Becker Brian sold 15,000 shares at 12.93 per share. ATEN shares that Chief Financial Officer owns now total 34,252.

Among the insiders who sold shares, Trivedi Dhrupad disposed of 8,679 shares on Feb 05 ’24 at a per-share price of $13.06. This resulted in the Chief Executive Officer holding 556,420 shares of ATEN after the transaction. In another insider transaction, Becker Brian sold 2,047 shares at $13.06 per share on Feb 05 ’24. Company shares held by the Chief Financial Officer now total 49,252.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. A10 Networks Inc pays an annual dividend of $0.24, resulting in a dividend yield of 1.78%, and it has a price to earnings (P/E) ratio of 25.34. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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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