A10 NetworksATEN
About: A10 Networks Inc is a provider of secure application solutions and services that enables a new generation of intelligently connected companies, the ability to continuously improve cyber protection and digital responsiveness across dynamic Information Technology and network infrastructures. Its portfolio consists of six secure application solutions; Thunder Application Delivery Controller, Lightning Application Delivery Controller, Thunder Carrier Grade Networking, Thunder Threat Protection System, Thunder SSL Insight and Thunder Convergent Firewall, and two intelligent management and automation tools; Harmony Controller and aGalaxy TPS. Key revenue is generated from the Americas, with the rest coming from Europe, the Middle East and Africa, plus the Asia Pacific region.
Employees: 525
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
292% more call options, than puts
Call options by funds: $850K | Put options by funds: $217K
30% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 66
1% less capital invested
Capital invested by funds: $951M [Q2] → $943M (-$7.71M) [Q3]
3.79% less ownership
Funds ownership: 92.23% [Q2] → 88.45% (-3.79%) [Q3]
5% less funds holding
Funds holding: 216 [Q2] → 205 (-11) [Q3]
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BWS Financial Hamed Khorsand 69% 1-year accuracy 112 / 162 met price target | 30%upside $24 | Buy Maintained | 13 Nov 2024 |