The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. A10 Networks Inc shares valued at $56,195 were purchased by Thomas Karen S. on Feb 06 ’25. At $20.85 per share, Thomas Karen S. acquired 2,695 shares.
Also, Weber Robert Scott sold 812 shares, netting a total of over 14,770 in proceeds. Following the sale of shares at $18.19 each, the insider now holds 28,230 shares.
Before that, Becker Brian had sold 1,200 shares from its account. In a trade valued at $20,340, the Chief Financial Officer traded A10 Networks Inc shares for $16.95 each. Upon closing the transaction, the insider’s holdings decreased to 1,200 shares, worth approximately $0.71 million.
As published in a research note from BWS Financial on November 13, 2024, A10 Networks Inc [ATEN] has been retained to a Buy and the price target has been revised to $24. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of April 04, 2023, BTIG Research has initiated its “Neutral” rating for ATEN. Earlier on June 23, 2021, Craig Hallum initiated its rating. Their recommendation was “a Buy” for ATEN stock.
Analyzing ATEN Stock Performance
During the last five days, there has been a surge of approximately 5.50%. Over the course of the year, A10 Networks Inc shares have jumped approximately 17.83%. Shares of the company reached a 52-week high of $21.78 on 02/13/25 and a 52-week low of $17.61 on 01/13/25. A 50-day SMA is recorded $18.98, while a 200-day SMA reached $15.51. Nevertheless, trading volume fell to 0.91 million shares from 0.67 million shares the previous day.
Support And Resistance Levels for A10 Networks Inc (ATEN)
According to the 24-hour chart, there is a support level at 21.19, which, if violated, would cause prices to drop to 20.71. In the upper region, resistance lies at 21.97. The next price resistance is at 22.27. RSI (Relative Strength Index) is 75.22 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.94, which suggests the price will decrease in the coming days. Percent R is at 3.07%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
