Arista Networks, Inc. $ANET Shares Bought by Doliver Advisors LP

Doliver Advisors LP grew its position in shares of Arista Networks, Inc. (NYSE:ANET) by 5.6% during the second quarter, Holdings Channel reports. The firm owned 4,260 shares of the technology company’s stock after acquiring an additional 225 shares during the quarter. Doliver Advisors LP’s holdings in Arista Networks were worth $436,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. HighMark Wealth Management LLC raised its stake in shares of Arista Networks by 179.7% in the first quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock valued at $28,000 after acquiring an additional 230 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of Arista Networks during the first quarter worth about $30,000. Saudi Central Bank purchased a new position in shares of Arista Networks during the first quarter worth about $33,000. McIlrath & Eck LLC purchased a new position in shares of Arista Networks during the fourth quarter worth about $35,000. Finally, Tradewinds Capital Management LLC grew its holdings in shares of 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 last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Trading Down 8.9%

Shares of Arista Networks stock opened at $139.35 on Friday. The company has a fifty day moving average price of $126.85 and a 200 day moving average price of $100.18. Arista Networks, Inc. has a twelve month low of $59.43 and a twelve month high of $156.32. The stock has a market cap of $175.14 billion, a price-to-earnings ratio of 54.81, a price-to-earnings-growth ratio of 3.60 and a beta of 1.50.

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ANET. Piper Sandler increased their target price on shares of Arista Networks from $89.00 to $143.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Wedbush assumed coverage on Arista Networks in a research note on Wednesday, May 28th. They set an “outperform” rating on the stock. Wolfe Research boosted their price target on Arista Networks from $160.00 to $185.00 and gave the stock an “outperform” rating in a research note on Friday. Needham & Company LLC lifted their price objective on Arista Networks from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, BNP Paribas Exane lowered Arista Networks from an “outperform” rating to a “neutral” rating and set a $106.00 price target on the stock. in a research note on Wednesday, June 11th. Sixteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Arista Networks presently has a consensus rating of “Moderate Buy” and an average target price of $157.56.

Insiders Place Their Bets

In other Arista Networks news, CEO Jayshree Ullal sold 1,785,165 shares of the company’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $136.22, for a total value of $243,175,176.30. Following the completion of the transaction, the chief executive officer directly owned 5,698,074 shares of the company’s stock, valued at $776,191,640.28. This represents a 23.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 7,582,614 shares of company stock valued at $980,712,097. Corporate insiders own 3.39% of the company’s stock.

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.