A10 Networks (ATEN) Holder Roumell Asset Management Raised Its Position by $324,960 as Share Value Rose; As First Merchants (FRME) Shares Rose, Holder Clarivest Asset Management Has Decreased Stake by $427,018

A10 Networks, Inc. (NYSE:ATEN) Logo

Clarivest Asset Management Llc decreased its stake in First Merchants Corp (FRME) by 3.64% based on its latest 2018Q2 regulatory filing with the SEC. Clarivest Asset Management Llc sold 9,283 shares as the company’s stock rose 0.66% with the market. The institutional investor held 245,991 shares of the major banks company at the end of 2018Q2, valued at $11.41 million, down from 255,274 at the end of the previous reported quarter. Clarivest Asset Management Llc who had been investing in First Merchants Corp for a number of months, seems to be less bullish one the $1.96 billion market cap company. The stock increased 0.66% or $0.26 during the last trading session, reaching $39.37. About 2,436 shares traded. First Merchants Corporation (NASDAQ:FRME) has risen 21.34% since December 7, 2017 and is uptrending. It has outperformed by 5.72% the S&P500. Some Historical FRME News: 10/05/2018 – FIRST MERCHANTS RAISES QUARTER CASH DIV 22.22% TO $0.22/SHR; 10/05/2018 – FIRST MERCHANTS BOOSTS QTR DIV TO 22C/SHR FROM 18C, EST. 19C; 23/03/2018 – First Merchants Closes Below 200-Day Moving Average: Technicals; 12/04/2018 – First Merchants Closes Above 200-Day Moving Average: Technicals; 19/04/2018 – DJ First Merchants Corporation, Inst Holders, 1Q 2018 (FRME); 06/03/2018 First Merchants Closes Above 50-Day Moving Average: Technicals; 10/05/2018 – First Merchants Corporation Raises Its Quarter Cash Dividend 22.22% to $0.22 Per Share; 10/05/2018 – First Merchants Raises Qtrly Cash Div 22.22% to $0.22 Per Shr; 25/04/2018 – FIRST MERCHANTS 1Q NET INTEREST MARGIN 3.92%; 25/04/2018 – First Merchants 1Q EPS 74c

Roumell Asset Management Llc increased its stake in A10 Networks Inc (ATEN) by 14.36% based on its latest 2018Q2 regulatory filing with the SEC. Roumell Asset Management Llc bought 54,160 shares as the company’s stock rose 3.75% with the market. The hedge fund held 431,197 shares of the technology company at the end of 2018Q2, valued at $2.69 million, up from 377,037 at the end of the previous reported quarter. Roumell Asset Management Llc who had been investing in A10 Networks Inc for a number of months, seems to be bullish on the $457.55 million market cap company. The stock increased 0.98% or $0.06 during the last trading session, reaching $6.2. About 2,778 shares traded. A10 Networks, Inc. (NYSE:ATEN) has declined 0.60% since December 7, 2017 and is downtrending. It has underperformed by 16.22% the S&P500. Some Historical ATEN News: 28/03/2018 – WOLF HALDENSTEIN ALERTS A10 NETWORKS INVESTORS: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California; 17/04/2018 – A10 Networks Introduces One-DDoS Protection to Expand Defenses Against Denial of Service Attacks; 16/03/2018 – A10 NETWORKS INC – PLANS TO DECLASSIFY BOARD OF DIRECTORS AND APPOINTS NEW BOARD MEMBER; 06/05/2018 – Kaskela Law LLC: Shareholder Class Action Filed Against A10 Networks, Inc. – ATEN; 25/04/2018 – Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against A10 Networks, Inc; 16/04/2018 – The Klein Law Firm Reminds Investors of Commencement of a Class Action Filed on Behalf of A10 Networks, Inc. Shareholders and a Lead Plaintiff Deadline of May 21, 2018; 02/05/2018 – WOLF HALDENSTEIN ALERTS A10 NETWORKS INVESTORS: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities c; 10/05/2018 – A10 NETWORKS INC FILES FOR NON TIMELY 10-Q – SEC FILING; 16/03/2018 – A10 Networks: Audit Committee Conducting Investigation Regarding Certain Revenue Recognition and Internal Control Matters; 20/05/2018 – 24 HOUR SHAREHOLDER DEADLINE ALERT: A10 Networks, Inc. – ATEN

Investors sentiment decreased to 1.14 in Q2 2018. Its down 0.03, from 1.17 in 2018Q1. It dived, as 11 investors sold FRME shares while 53 reduced holdings. 18 funds opened positions while 55 raised stakes. 34.38 million shares or 1.63% more from 33.83 million shares in 2018Q1 were reported. Fisher Asset Ltd Limited Liability Company reported 60,338 shares stake. Ameriprise Fincl invested in 131,467 shares. Moreover, Proshare Ltd Liability Company has 0% invested in First Merchants Corporation (NASDAQ:FRME) for 6,506 shares. Dana Investment Advsrs invested in 62,009 shares or 0.13% of the stock. Jacobs Levy Equity Mngmt holds 0.01% or 13,472 shares in its portfolio. Deutsche Bancorporation Ag holds 0% in First Merchants Corporation (NASDAQ:FRME) or 132,646 shares. Stifel Fincl Corporation, Missouri-based fund reported 54,414 shares. Etrade Cap Mgmt Ltd, a New York-based fund reported 29,519 shares. Pub Employees Retirement Association Of Colorado has invested 0.12% of its portfolio in First Merchants Corporation (NASDAQ:FRME). Massmutual Trust Co Fsb Adv invested 0% of its portfolio in First Merchants Corporation (NASDAQ:FRME). Renaissance Techs Ltd Company holds 737,929 shares or 0.03% of its portfolio. Metropolitan Life Insur Com, a New York-based fund reported 16,027 shares. Zebra Cap Mngmt Lc holds 0.24% or 12,318 shares in its portfolio. Barclays Plc holds 3,757 shares. Boston Prtnrs stated it has 0.04% of its portfolio in First Merchants Corporation (NASDAQ:FRME).

Analysts await First Merchants Corporation (NASDAQ:FRME) to report earnings on January, 24. They expect $0.82 earnings per share, up 34.43% or $0.21 from last year’s $0.61 per share. FRME’s profit will be $40.72M for 12.00 P/E if the $0.82 EPS becomes a reality. After $0.83 actual earnings per share reported by First Merchants Corporation for the previous quarter, Wall Street now forecasts -1.20% negative EPS growth.

More notable recent First Merchants Corporation (NASDAQ:FRME) news were published by: Globenewswire.com which released: “First Merchants announces company-wide raise, bonuses – GlobeNewswire” on January 16, 2018, also Globenewswire.com with their article: “First Merchants Corporation to Report First Quarter 2018 Financial Results, Host Conference Call and Web Cast – GlobeNewswire” published on April 05, 2018, Globenewswire.com published: “First Merchants Corporation Announces Record 2017 Results Nasdaq:FRME – GlobeNewswire” on January 25, 2018. More interesting news about First Merchants Corporation (NASDAQ:FRME) were released by: Nasdaq.com and their article: “Financial Sector Update for 10/10/2018: PFG,FBTF,FRME,JPM,IVZ – Nasdaq” published on October 10, 2018 as well as Nasdaq.com‘s news article titled: “First Merchants Corporation (FRME) Ex-Dividend Date Scheduled for December 06, 2018 – Nasdaq” with publication date: December 04, 2018.

Clarivest Asset Management Llc, which manages about $3.41 billion and $5.79B US Long portfolio, upped its stake in Integer Hldgs Corp by 28,855 shares to 74,950 shares, valued at $4.85 million in 2018Q2, according to the filing. It also increased its holding in China Pete & Chem Corp (NYSE:SNP) by 16,400 shares in the quarter, for a total of 57,800 shares, and has risen its stake in Universal Fst Prods Inc (NASDAQ:UFPI).

Since June 20, 2018, it had 8 insider purchases, and 3 insider sales for $2.05 million activity. FLUHLER STEPHAN sold $50,260 worth of stock or 1,047 shares. The insider Sherman Patrick A bought $502. The insider RECHIN MICHAEL C sold $729,465. Marhenke Michael C sold $1.28 million worth of stock or 26,000 shares.

Among 6 analysts covering First Merchants (NASDAQ:FRME), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. First Merchants had 18 analyst reports since August 18, 2015 according to SRatingsIntel. DA Davidson initiated the shares of FRME in report on Thursday, July 21 with “Buy” rating. The company was initiated on Wednesday, December 16 by SunTrust. The rating was maintained by DA Davidson with “Buy” on Wednesday, September 28. The stock of First Merchants Corporation (NASDAQ:FRME) has “Buy” rating given on Monday, February 26 by Keefe Bruyette & Woods. The stock has “Buy” rating by Sandler O’Neill on Monday, November 19. The firm earned “Hold” rating on Friday, October 6 by Piper Jaffray. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, October 3. On Tuesday, August 18 the stock rating was upgraded by Zacks to “Sell”. The rating was upgraded by Stephens on Friday, January 29 to “Overweight”. The firm has “Equal-Weight” rating given on Monday, July 30 by Stephens.

More notable recent A10 Networks, Inc. (NYSE:ATEN) news were published by: Businesswire.com which released: “A10 Networks, Inc. Reports Fourth Quarter and Year 2016 Financial Results – Business Wire” on February 09, 2017, also Businesswire.com with their article: “A10 Network’s Thunder Threat Protection System (TPS) Awarded DDoS Defense Effectiveness Certification by NimbusDDOS – Business Wire” published on October 09, 2018, Seekingalpha.com published: “A10 Networks +3.2% as Q2 shows turnaround in sales – Seeking Alpha” on August 30, 2018. More interesting news about A10 Networks, Inc. (NYSE:ATEN) were released by: Businesswire.com and their article: “A10 Networks Helps Service Providers Simplify, Scale and Secure Mobile, 5G and IoT Deployments With A10 5G-GiLANTM Solution – Business Wire” published on April 03, 2018 as well as Fool.com‘s news article titled: “Why A10 Networks Stock Plunged Today – The Motley Fool” with publication date: April 28, 2017.

First Merchants Corporation (NASDAQ:FRME) Institutional Positions Chart

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