True Vision MN LLC Buys 129 Shares of Arista Networks, Inc. $ANET

True Vision MN LLC increased its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 2.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,128 shares of the technology company’s stock after purchasing an additional 129 shares during the quarter. True Vision MN LLC’s holdings in Arista Networks were worth $627,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. HighMark Wealth Management LLC increased its position in shares of Arista Networks by 179.7% during the 1st quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock valued at $28,000 after purchasing an additional 230 shares during the last quarter. Cloud Capital Management LLC bought a new position in shares of Arista Networks during the 1st quarter valued at approximately $30,000. Saudi Central Bank bought a new position in shares of Arista Networks during the 1st quarter valued at approximately $33,000. Costello Asset Management INC increased its position in shares of Arista Networks by 51.3% during the 1st quarter. Costello Asset Management INC now owns 454 shares of the technology company’s stock valued at $35,000 after purchasing an additional 154 shares during the last quarter. Finally, Tradewinds Capital Management LLC increased its position in shares of Arista Networks by 45.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 455 shares of the technology company’s stock valued at $35,000 after purchasing an additional 143 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Trading Up 2.8%

Shares of ANET stock opened at $149.61 on Tuesday. Arista Networks, Inc. has a twelve month low of $59.43 and a twelve month high of $156.32. The stock has a market capitalization of $188.04 billion, a price-to-earnings ratio of 58.84, a P/E/G ratio of 3.03 and a beta of 1.47. The stock has a fifty day simple moving average of $138.18 and a two-hundred day simple moving average of $107.14.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.08. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The business 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 business earned $0.53 EPS. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. Arista Networks has set its Q3 2025 guidance at EPS. Research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ANET shares. Erste Group Bank raised Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 23rd. KeyCorp upped their price objective on Arista Networks from $115.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Morgan Stanley upped their price objective on Arista Networks from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Barclays upped their price objective on Arista Networks from $151.00 to $179.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Finally, BNP Paribas raised Arista Networks from a “hold” rating to an “outperform” rating in a research report on Thursday, September 25th. Nineteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Arista Networks presently has a consensus rating of “Moderate Buy” and an average price target of $162.00.

Insiders Place Their Bets

In other Arista Networks news, CEO Jayshree Ullal sold 1,247,688 shares of the company’s stock in a transaction on Wednesday, September 10th. The stock was 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 directly owned 5,383,207 shares in the company, valued at approximately $799,567,735.71. This represents a 18.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $147.49, for a total value of $1,179,920.00. Following the completion of the sale, the director owned 41,784 shares of the company’s stock, 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. In the last ninety days, insiders sold 6,678,904 shares of company stock worth $894,021,161. 3.39% of the stock is currently owned by company insiders.

About Arista Networks

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.