Forum Financial Management LP Buys 142 Shares of Arista Networks, Inc. $ANET

Forum Financial Management LP grew its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 1.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,253 shares of the technology company’s stock after purchasing an additional 142 shares during the quarter. Forum Financial Management LP’s holdings in Arista Networks were worth $947,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ANET. HighMark Wealth Management LLC boosted its position in Arista Networks by 179.7% during the first quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock worth $28,000 after purchasing an additional 230 shares during the period. Cloud Capital Management LLC bought a new position in Arista Networks during the first quarter worth about $30,000. Saudi Central Bank bought a new position in Arista Networks during the first quarter worth about $33,000. REAP Financial Group LLC boosted its position in Arista Networks by 108.0% during the second quarter. REAP Financial Group LLC now owns 337 shares of the technology company’s stock worth $34,000 after purchasing an additional 175 shares during the period. Finally, Tradewinds Capital Management LLC boosted its position in Arista Networks by 45.8% during the first quarter. Tradewinds Capital Management LLC now owns 455 shares of the technology company’s stock worth $35,000 after purchasing an additional 143 shares during the period. Institutional investors own 82.47% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on ANET shares. William Blair reiterated an “outperform” rating on shares of Arista Networks in a research report on Friday, September 12th. UBS Group increased their target price on shares of Arista Networks from $115.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Wolfe Research raised their price objective on shares of Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Citigroup raised their price objective on shares of Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Finally, Evercore ISI raised their price objective on shares of Arista Networks from $150.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Nineteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $163.94.

Arista Networks Trading Up 4.2%

ANET stock opened at $152.74 on Friday. The firm has a 50 day moving average of $142.88 and a 200-day moving average of $113.06. The firm has a market capitalization of $191.97 billion, a P/E ratio of 60.08, a price-to-earnings-growth ratio of 3.06 and a beta of 1.47. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $162.68.

Arista Networks (NYSE:ANET) last announced its 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. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.11 billion. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. Arista Networks’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period last year, the firm posted $0.53 earnings per share. Arista Networks has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current year.

Insider Activity at Arista Networks

In related news, CEO Jayshree Ullal sold 1,247,688 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $148.53, for a total value of $185,319,098.64. Following the sale, the chief executive officer directly owned 5,383,207 shares of the company’s stock, valued at $799,567,735.71. This trade represents a 18.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $147.49, for a total transaction of $1,179,920.00. Following the completion of the sale, the director directly owned 41,784 shares in the company, valued at $6,162,722.16. This represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,617,342 shares of company stock valued at $888,707,954 over the last three months. 3.39% of the stock is owned by corporate insiders.

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.