Savant Capital LLC Has $12.48 Million Position in Arista Networks, Inc. $ANET

Savant Capital LLC cut its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 11.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,017 shares of the technology company’s stock after selling 15,757 shares during the quarter. Savant Capital LLC’s holdings in Arista Networks were worth $12,484,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Saudi Central Bank bought a new stake in Arista Networks during the first quarter worth about $33,000. REAP Financial Group LLC raised its stake in shares of Arista Networks by 108.0% during the 2nd quarter. REAP Financial Group LLC now owns 337 shares of the technology company’s stock worth $34,000 after purchasing an additional 175 shares in the last quarter. Costello Asset Management INC boosted its holdings in shares of Arista Networks by 51.3% in the 1st quarter. Costello Asset Management INC now owns 454 shares of the technology company’s stock valued at $35,000 after buying an additional 154 shares during the last quarter. eCIO Inc. bought a new position in shares of Arista Networks in the first quarter valued at $36,000. Finally, Solstein Capital LLC grew its stake in shares of Arista Networks by 493.8% in the second quarter. Solstein Capital LLC now owns 380 shares of the technology company’s stock valued at $39,000 after buying an additional 316 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling

In other news, insider Kenneth Duda sold 26,000 shares of the business’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $142.75, for a total value of $3,711,500.00. Following the completion of the sale, the insider owned 552,400 shares of the company’s stock, valued at approximately $78,855,100. The trade was a 4.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jayshree Ullal sold 1,247,688 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $148.53, for a total transaction of $185,319,098.64. Following the completion of the transaction, the chief executive officer owned 5,383,207 shares in the company, valued at $799,567,735.71. This trade represents a 18.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,009,040 shares of company stock valued at $294,365,034. Insiders own 3.39% of the company’s stock.

Arista Networks Stock Performance

Shares of ANET opened at $134.62 on Friday. The firm has a market cap of $169.20 billion, a P/E ratio of 52.95, a price-to-earnings-growth ratio of 3.37 and a beta of 1.48. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94. The firm’s 50-day simple moving average is $146.66 and its 200 day simple moving average is $119.41.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.75 earnings per share (EPS) 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 firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the business posted $2.40 earnings per share. The business’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. As a group, equities analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. BNP Paribas raised shares of Arista Networks from a “hold” rating to an “outperform” rating in a research report on Thursday, September 25th. Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 23rd. 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 report on Friday, September 12th. JPMorgan Chase & Co. raised their target price on shares of Arista Networks from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Finally, William Blair reissued an “outperform” rating on shares of Arista Networks 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 stock. Based on data from MarketBeat, Arista Networks has an average rating of “Moderate Buy” and an average price target of $164.31.

Arista Networks 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.