5 Undervalued Small-Cap Stocks to Buy Now

3. A10 Networks, Inc. (NYSE:ATEN)

Number of Hedge Fund Holders: 20

P/E Ratio as of March 7: 11.51

Market Capitalization as of March 7: $1.06 billion

A10 Networks, Inc. (NYSE:ATEN) is a California-based provider of application delivery controllers and networking solutions to customers in the United States, Japan, other Asia Pacific, and EMEA countries. A10 Networks, Inc. (NYSE:ATEN)’s market capitalization on March 7 was $1.06, making it a notable undervalued small-cap contender. 

A10 Networks, Inc. (NYSE:ATEN) on February 10 declared a $0.05 per share quarterly dividend, in line with previous. The dividend was paid on March 1, to shareholders of record on February 15. The company’s revenue and earnings for the quarter ending December 2021 came in above market consensus. 

According to the fourth quarter database of Insider Monkey, 20 hedge funds held long positions in A10 Networks, Inc. (NYSE:ATEN), up from 14 funds in the previous quarter. Renaissance Technologies is the leading stakeholder of the company, with approximately 3 million shares worth almost $49 million.