Arista Networks, Inc. $ANET Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in shares of Arista Networks, Inc. (NYSE:ANET) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 128,837 shares of the technology company’s stock after selling 1,320 shares during the period. Yousif Capital Management LLC’s holdings in Arista Networks were worth $13,181,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ANET. HighMark Wealth Management LLC increased its position in shares of Arista Networks by 179.7% during the first quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock worth $28,000 after purchasing an additional 230 shares in the last quarter. Cloud Capital Management LLC acquired a new stake in shares of Arista Networks during the first quarter worth about $30,000. Saudi Central Bank acquired a new stake in shares of Arista Networks during the first quarter worth about $33,000. REAP Financial Group LLC increased its position in shares of Arista Networks by 108.0% during the second 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. Finally, Tradewinds Capital Management LLC increased its position in Arista Networks by 45.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 455 shares of the technology company’s stock valued at $35,000 after acquiring an additional 143 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ANET. Needham & Company LLC boosted their price target on Arista Networks from $155.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Melius Research boosted their price target on Arista Networks from $160.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, September 12th. KeyCorp boosted their price target on Arista Networks from $115.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Finally, Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 23rd. Nineteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $163.94.

Arista Networks Trading Down 4.3%

NYSE ANET opened at $147.45 on Tuesday. The business’s 50 day moving average is $141.39 and its two-hundred day moving average is $109.58. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $162.68. The stock has a market capitalization of $185.32 billion, a price-to-earnings ratio of 57.99, a PEG ratio of 3.21 and a beta of 1.47.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share (EPS) 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 company had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the previous year, the firm posted $0.53 EPS. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. Equities analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 1,785,165 shares of the business’s stock in a transaction that occurred 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. The trade was a 23.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 6,678,904 shares of company stock worth $894,021,161. Insiders own 3.54% 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.