A10 Networks Inc’s filing revealed that its Chief Executive Officer Trivedi Dhrupad unloaded Company’s shares for reported $0.55 million on Mar 03 ’25. In the deal valued at $20.59 per share,26,812 shares were sold. As a result of this transaction, Trivedi Dhrupad now holds 715,209 shares worth roughly $12.69 million.
Then, Trivedi Dhrupad sold 26,813 shares, generating $551,543 in total proceeds. Upon selling the shares at $20.57, the Chief Executive Officer now owns 742,021 shares.
Before that, Trivedi Dhrupad sold 26,813 shares. A10 Networks Inc shares valued at $530,897 were divested by the Chief Executive Officer at a price of $19.80 per share. As a result of the transaction, Trivedi Dhrupad now holds 688,396 shares, worth roughly $12.22 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 jump 5.28% to $17.75. Over the last five days, the stock has lost -8.41%. A10 Networks Inc shares have fallen nearly -3.53% since the year began. Nevertheless, the stocks have risen 21.08% over the past one year. While a 52-week high of $21.90 was reached on 02/14/25, a 52-week low of $12.27 was recorded on 03/13/25. SMA at 50 days reached $19.59, while 200 days put it at $15.99.
Levels Of Support And Resistance For ATEN Stock
The 24-hour chart illustrates a support level at 17.31, which if violated will result in even more drops to 16.88. On the upside, there is a resistance level at 18.08. A further resistance level may holdings at 18.42. The Relative Strength Index (RSI) on the 14-day chart is 37.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.21%. Stochastics %K at 19.63% indicates the stock is a buying.
How much short interest is there in A10 Networks Inc?
A steep rise in short interest was recorded in A10 Networks Inc stocks on 2025-02-28, growing by 0.17 million shares to a total of 1.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.8 million shares. There was a rise of 8.83%, which implies that there is a positive 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.
