Dynamic Technology Lab Private Ltd Invests $543,000 in Arista Networks, Inc. $ANET

Dynamic Technology Lab Private Ltd purchased a new stake in Arista Networks, Inc. (NYSE:ANET) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,002 shares of the technology company’s stock, valued at approximately $543,000.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Arista Networks by 1.8% during the first quarter. Vanguard Group Inc. now owns 97,856,933 shares of the technology company’s stock valued at $7,581,955,000 after purchasing an additional 1,771,982 shares during the period. Alliancebernstein L.P. increased its position in shares of Arista Networks by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 22,959,214 shares of the technology company’s stock valued at $1,778,880,000 after purchasing an additional 1,889,198 shares during the last quarter. Nuveen LLC purchased a new stake in Arista Networks during the 1st quarter valued at $933,626,000. Nuveen Asset Management LLC raised its holdings in Arista Networks by 330.8% during the 4th quarter. Nuveen Asset Management LLC now owns 11,292,585 shares of the technology company’s stock valued at $1,248,169,000 after buying an additional 8,671,235 shares during the period. Finally, Northern Trust Corp lifted its position in Arista Networks by 3.7% in the first quarter. Northern Trust Corp now owns 10,315,493 shares of the technology company’s stock worth $799,244,000 after buying an additional 372,677 shares during the last quarter. 82.47% of the stock is owned by institutional investors.

Arista Networks Stock Performance

Shares of NYSE:ANET opened at $150.96 on Thursday. The firm’s 50 day simple moving average is $125.09 and its 200-day simple moving average is $99.44. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $151.71. The firm has a market cap of $189.74 billion, a PE ratio of 59.38, a price-to-earnings-growth ratio of 3.34 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.11 billion. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.Arista Networks’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 earnings per share. Arista Networks has set its Q3 2025 guidance at EPS. Equities research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Insider Activity

In other news, CEO Jayshree Ullal sold 1,785,165 shares of the firm’s stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $136.22, for a total transaction of $243,175,176.30. Following the transaction, the chief executive officer owned 5,698,074 shares in the company, valued at approximately $776,191,640.28. This trade represents a 23.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 6,334,926 shares of company stock worth $795,392,998. 3.39% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have weighed in on ANET. Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 23rd. KeyCorp upped their price target on shares of Arista Networks from $115.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. Piper Sandler increased their price objective on shares of Arista Networks from $89.00 to $143.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. Needham & Company LLC boosted their target price on Arista Networks from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, Evercore ISI set a $150.00 target price on Arista Networks and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.79.

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.