A10 Networks Inc’s filing revealed that its Director CHUNG PETER Y unloaded Company’s shares for reported $50.76 million on May 20 ’24. In the deal valued at $15.40 per share,3,296,047 shares were sold. As a result of this transaction, CHUNG PETER Y now holds 619,166 shares worth roughly $8.43 million.
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Then, Trivedi Dhrupad sold 60,606 shares, generating $804,242 in total proceeds. Upon selling the shares at $13.27, the Chief Executive Officer now owns 495,814 shares.
Before that, Becker Brian sold 15,000 shares. A10 Networks Inc shares valued at $193,950 were divested by the Chief Financial Officer at a price of $12.93 per share. As a result of the transaction, Becker Brian now holds 34,252 shares, worth roughly $0.47 million.
BTIG Research initiated its A10 Networks Inc [ATEN] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Sidoti began covering ATEN with “Buy” recommendation on July 21, 2020. BWS Financial started covering the stock on December 16, 2019. It rated ATEN as “a Buy”.
Price Performance Review of ATEN
On Monday, A10 Networks Inc [NYSE:ATEN] saw its stock jump 0.52% to $13.62. Over the last five days, the stock has gained 3.65%. A10 Networks Inc shares have risen nearly 3.42% since the year began. Nevertheless, the stocks have fallen -6.65% over the past one year. While a 52-week high of $16.46 was reached on 05/20/24, a 52-week low of $10.03 was recorded on 08/06/24. SMA at 50 days reached $13.38, while 200 days put it at $13.64.
Levels Of Support And Resistance For ATEN Stock
The 24-hour chart illustrates a support level at 13.49, which if violated will result in even more drops to 13.36. On the upside, there is a resistance level at 13.84. A further resistance level may holdings at 14.06. The Relative Strength Index (RSI) on the 14-day chart is 56.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.62%. Stochastics %K at 64.21% indicates the stock is a holding.
How much short interest is there in A10 Networks Inc?
A steep rise in short interest was recorded in A10 Networks Inc stocks on 2024-08-30, dropping by -0.21 million shares to a total of 2.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 2.66 million shares. There was a decline of -8.53%, which implies that there is a negative sentiment for the stock.
