Sather Financial Group Inc Has $99.80 Million Stock Holdings in Arista Networks, Inc. $ANET

Sather Financial Group Inc raised its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 2.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 975,509 shares of the technology company’s stock after acquiring an additional 18,907 shares during the quarter. Arista Networks makes up approximately 5.9% of Sather Financial Group Inc’s holdings, making the stock its 4th biggest position. Sather Financial Group Inc owned approximately 0.08% of Arista Networks worth $99,804,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ANET. Brighton Jones LLC grew its stake in shares of Arista Networks by 321.7% during the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after acquiring an additional 5,955 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Arista Networks in the fourth quarter valued at $202,000. Bison Wealth LLC bought a new position in shares of Arista Networks in the fourth quarter valued at $251,000. Wealthcare Advisory Partners LLC bought a new position in shares of Arista Networks in the first quarter valued at $460,000. Finally, Focus Financial Network Inc. grew its stake in shares of Arista Networks by 39.2% in the first quarter. Focus Financial Network Inc. now owns 3,180 shares of the technology company’s stock valued at $246,000 after buying an additional 896 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ANET shares. Rosenblatt Securities raised their target price on shares of Arista Networks from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, September 12th. William Blair reissued an “outperform” rating on shares of Arista Networks in a research note on Friday, September 12th. Morgan Stanley set a $171.00 target price on shares of Arista Networks and gave the company an “overweight” rating in a research note on Friday. Barclays raised their target price on shares of Arista Networks from $151.00 to $179.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Finally, Wolfe Research lifted their price objective on shares of Arista Networks from $160.00 to $185.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Nineteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $163.94.

Insider Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Wednesday, October 1st. The stock was 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 owned 41,784 shares of the company’s stock, valued at approximately $6,162,722.16. This trade represents a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kenneth Duda sold 30,000 shares of Arista Networks stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $141.79, for a total value of $4,253,700.00. Following the sale, the insider directly owned 12,976 shares of the company’s stock, valued at $1,839,867.04. This represents a 69.81% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,678,904 shares of company stock valued at $894,021,161. 3.39% of the stock is currently owned by corporate insiders.

Arista Networks Price Performance

ANET stock opened at $154.51 on Friday. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $162.68. The stock has a market cap of $194.19 billion, a price-to-earnings ratio of 60.77, a price-to-earnings-growth ratio of 3.21 and a beta of 1.47. The company has a fifty day moving average price of $140.85 and a two-hundred day moving average price of $108.89.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, topping 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 company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter last year, the firm earned $0.53 earnings per share. The company’s revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. Research analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

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.