KD Logo

Analyzing A10 Networks Inc (ATEN) After Recent Trading Activity

A10 Networks Inc’s recent filing unveils that its Director CHUNG PETER Y unloaded Company’s shares for reported $0.39 million on Nov 14 ’24. In the deal valued at $16.36 per share,23,754 shares were sold. As a result of this transaction, CHUNG PETER Y now holds 516,933 shares worth roughly $8.45 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, CHUNG PETER Y sold 78,479 shares, generating $1,301,967 in total proceeds. Upon selling the shares at $16.59, the Director now owns 540,687 shares.

Before that, Thomas Karen S. sold 6,162 shares. A10 Networks Inc shares valued at $102,905 were divested by the EVP, Worldwide Sales and Mkt at a price of $16.70 per share. As a result of the transaction, Thomas Karen S. now holds 23,799 shares, worth roughly $0.39 million.

BWS Financial reiterated its A10 Networks Inc [ATEN] rating to a Buy in a research note published on November 13, 2024; the price target was $24. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. BTIG Research began covering ATEN with “Neutral” recommendation on April 04, 2023. Craig Hallum started covering the stock on June 23, 2021. It rated ATEN as “a Buy”.

Price Performance Review of ATEN

On Monday, A10 Networks Inc [NYSE:ATEN] saw its stock fall -0.55% to $16.35. Over the last five days, the stock has lost -1.62%. A10 Networks Inc shares have risen nearly 24.15% since the year began. Nevertheless, the stocks have risen 37.16% over the past one year. While a 52-week high of $16.92 was reached on 11/13/24, a 52-week low of $11.83 was recorded on 08/06/24. SMA at 50 days reached $14.60, while 200 days put it at $13.98.

Levels Of Support And Resistance For ATEN Stock

The 24-hour chart illustrates a support level at 16.26, which if violated will result in even more drops to 16.16. On the upside, there is a resistance level at 16.53. A further resistance level may holdings at 16.71. The Relative Strength Index (RSI) on the 14-day chart is 70.55, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.35%. Stochastics %K at 81.57% indicates the stock is a selling.

How much short interest is there in A10 Networks Inc?

A steep rise in short interest was recorded in A10 Networks Inc stocks on 2024-10-31, dropping by -0.32 million shares to a total of 1.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.55 million shares. There was a decline of -26.12%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on July 21, 2020 when Sidoti began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.

Most Popular