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 $552,059 were sold by Trivedi Dhrupad on Mar 03 ’25. At $20.59 per share, Trivedi Dhrupad sold 26,812 shares. The insider’s holdings dropped to 715,209 shares worth approximately $11.72 million following the completion of this transaction.
Also, Trivedi Dhrupad sold 26,813 shares, netting a total of over 551,543 in proceeds. Following the sale of shares at $20.57 each, the insider now holds 742,021 shares.
Before that, Trivedi Dhrupad had sold 26,813 shares from its account. In a trade valued at $530,897, the Chief Executive Officer traded A10 Networks Inc shares for $19.80 each. Upon closing the transaction, the insider’s holdings decreased to 26,813 shares, worth approximately $11.28 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 drop of approximately -16.81%. Over the course of the year, A10 Networks Inc shares have dropped approximately -10.98%. Shares of the company reached a 52-week high of $21.90 on 02/14/25 and a 52-week low of $16.02 on 03/13/25. A 50-day SMA is recorded $19.63, while a 200-day SMA reached $15.97.
Support And Resistance Levels for A10 Networks Inc (ATEN)
According to the 24-hour chart, there is a support level at 15.77, which, if violated, would cause prices to drop to 15.16. In the upper region, resistance lies at 17.24. The next price resistance is at 18.10. RSI (Relative Strength Index) is 22.40 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.30, which suggests the price will decrease in the coming days. Percent R is at 92.78%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
