ATEN (A10 Networks Inc) may reap gains as insiders became active recently

A10 Networks Inc’s filing revealed that its General Counsel Weber Robert Scott unloaded Company’s shares for reported $43700.0 on May 28 ’25. In the deal valued at $17.48 per share,2,500 shares were sold. As a result of this transaction, Weber Robert Scott now holds 58,507 shares worth roughly $1.05 million.

Then, Weber Robert Scott sold 2,500 shares, generating $43,150 in total proceeds. Upon selling the shares at $17.26, the General Counsel now owns 61,007 shares.

Before that, ROBERT S WEBER bought 2,500 shares. A10 Networks Inc shares valued at $43,700 were divested by the Officer at a price of $17.48 per share.

Craig Hallum upgraded its A10 Networks Inc [ATEN] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in late April with a ‘”a Mkt perform”‘ rating. BWS Financial also remained covering ATEN and reiterated its “Buy” recommendation on November 13, 2024. Craig Hallum revised its rating on November 08, 2024. It rated ATEN as “a Hold” which previously was an “a Buy”.

Price Performance Review of ATEN

On Monday, A10 Networks Inc [NYSE:ATEN] saw its stock jump 1.75% to $17.99. Over the last five days, the stock has lost -1.91%. A10 Networks Inc shares have fallen nearly -2.23% since the year began. Nevertheless, the stocks have risen 27.59% 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 04/07/25.

Levels Of Support And Resistance For ATEN Stock

The 24-hour chart illustrates a support level at 17.81, which if violated will result in even more drops to 17.63. On the upside, there is a resistance level at 18.17. A further resistance level may holdings at 18.35.

The most recent change occurred on April 04, 2023 when BTIG Research began covering the stock and recommended ‘”a Neutral”‘ rating .

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