Verity Asset Management Inc. Decreases Stake in A10 Networks, Inc. (NYSE:ATEN)

Verity Asset Management Inc. cut its position in A10 Networks, Inc. (NYSE:ATEN) by 1.9% during the third quarter, HoldingsChannel reports. The firm owned 81,872 shares of the communications equipment provider’s stock after selling 1,578 shares during the quarter. Verity Asset Management Inc.’s holdings in A10 Networks were worth $1,182,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Canada Pension Plan Investment Board acquired a new position in shares of A10 Networks during the 2nd quarter worth about $29,000. Copeland Capital Management LLC acquired a new position in A10 Networks in the third quarter valued at approximately $43,000. Quarry LP purchased a new position in A10 Networks in the second quarter valued at approximately $47,000. nVerses Capital LLC acquired a new stake in A10 Networks during the 2nd quarter worth $105,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of A10 Networks during the second quarter worth about $137,000. Hedge funds and other institutional investors own 98.61% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of A10 Networks from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

A10 Networks Price Performance

NYSE:ATEN opened at $15.49 on Friday. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 26.25 and a beta of 1.11. A10 Networks, Inc. has a 1-year low of $11.54 and a 1-year high of $16.46. The firm’s fifty day moving average price is $14.19 and its 200 day moving average price is $14.08.

A10 Networks Company Profile

A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.