SWS Partners Purchases 747 Shares of Arista Networks, Inc. $ANET

SWS Partners raised its position in Arista Networks, Inc. (NYSE:ANET) by 3.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 21,676 shares of the technology company’s stock after acquiring an additional 747 shares during the period. SWS Partners’ holdings in Arista Networks were worth $2,218,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Wesbanco Bank Inc. lifted its stake in Arista Networks by 2.3% in the 2nd quarter. Wesbanco Bank Inc. now owns 4,508 shares of the technology company’s stock valued at $461,000 after acquiring an additional 100 shares in the last quarter. CX Institutional lifted its stake in Arista Networks by 1.4% in the 2nd quarter. CX Institutional now owns 7,703 shares of the technology company’s stock valued at $788,000 after acquiring an additional 110 shares in the last quarter. McAdam LLC lifted its stake in Arista Networks by 2.6% in the 2nd quarter. McAdam LLC now owns 4,594 shares of the technology company’s stock valued at $470,000 after acquiring an additional 116 shares in the last quarter. Clearstead Trust LLC lifted its stake in Arista Networks by 5.1% in the 1st quarter. Clearstead Trust LLC now owns 2,455 shares of the technology company’s stock valued at $190,000 after acquiring an additional 119 shares in the last quarter. Finally, Pier 88 Investment Partners LLC lifted its stake in Arista Networks by 1.5% in the 1st quarter. Pier 88 Investment Partners LLC now owns 7,960 shares of the technology company’s stock valued at $617,000 after acquiring an additional 120 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Trading Down 0.4%

ANET opened at $142.53 on Monday. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $156.32. The stock’s fifty day simple moving average is $134.23 and its 200 day simple moving average is $104.52. The stock has a market cap of $179.14 billion, a PE ratio of 56.06, a price-to-earnings-growth ratio of 2.97 and a beta of 1.49.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the prior year, the business earned $0.53 EPS. The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. Equities analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Insider Activity at Arista Networks

In related news, CEO Jayshree Ullal sold 1,247,688 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $148.53, for a total value of $185,319,098.64. Following the sale, the chief executive officer owned 5,383,207 shares in the company, valued at approximately $799,567,735.71. This represents a 18.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles H. Giancarlo sold 58,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $148.42, for a total value of $8,608,360.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,678,904 shares of company stock worth $893,636,121. Company insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ANET. The Goldman Sachs Group upped their price objective on Arista Networks from $155.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. KeyCorp upped their price objective on Arista Networks from $115.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. BNP Paribas Exane upgraded Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 price objective on the stock in a research note on Thursday. BNP Paribas upgraded Arista Networks from a “hold” rating to an “outperform” rating in a research note on Thursday. Finally, Barclays upped their price objective on Arista Networks from $151.00 to $179.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Eighteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $162.00.

Arista Networks Company Profile

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.