Arista Networks, Inc. $ANET Shares Sold by Nvwm LLC

Nvwm LLC reduced its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 29.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,832 shares of the technology company’s stock after selling 12,164 shares during the quarter. Nvwm LLC’s holdings in Arista Networks were worth $3,052,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Nuveen LLC bought a new stake in Arista Networks during the 1st quarter valued at $933,626,000. AQR Capital Management LLC grew its holdings in shares of Arista Networks by 153.8% in the 1st quarter. AQR Capital Management LLC now owns 7,719,809 shares of the technology company’s stock worth $584,119,000 after acquiring an additional 4,678,372 shares during the last quarter. Nordea Investment Management AB raised its holdings in Arista Networks by 193.3% during the 2nd quarter. Nordea Investment Management AB now owns 7,065,054 shares of the technology company’s stock worth $721,342,000 after buying an additional 4,656,021 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Arista Networks by 37.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,552,484 shares of the technology company’s stock valued at $740,126,000 after acquiring an additional 2,594,184 shares in the last quarter. Finally, Amundi boosted its position in Arista Networks by 35.3% during the 1st quarter. Amundi now owns 8,582,109 shares of the technology company’s stock worth $611,852,000 after acquiring an additional 2,240,045 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ANET. Rosenblatt Securities reiterated a “neutral” rating and set a $140.00 price objective on shares of Arista Networks in a report on Wednesday. The Goldman Sachs Group upped their price target on Arista Networks from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, September 12th. BNP Paribas upgraded Arista Networks from a “hold” rating to an “outperform” rating in a research note on Thursday, September 25th. Melius Research upped their target price on shares of Arista Networks from $160.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, William Blair reiterated an “outperform” rating on shares of Arista Networks in a research report on Friday, September 12th. Nineteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $164.31.

Arista Networks Trading Down 4.6%

ANET stock opened at $133.99 on Friday. The business’s 50-day moving average price is $146.69 and its two-hundred day moving average price is $118.95. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94. The firm has a market cap of $168.41 billion, a PE ratio of 52.70, a P/E/G ratio of 3.37 and a beta of 1.48.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.03. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the business earned $2.40 EPS. Arista Networks’s revenue for the quarter was up 27.5% compared to the same quarter last year. Arista Networks has set its Q4 2025 guidance at EPS. On average, analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Insider Transactions at Arista Networks

In related news, Director Charles H. Giancarlo sold 58,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $148.42, for a total transaction of $8,608,360.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jayshree Ullal sold 1,247,688 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 5,383,207 shares in the company, valued at approximately $799,567,735.71. This trade represents a 18.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,009,040 shares of company stock worth $294,365,034. 3.39% of the stock is owned by company 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.