Arista Networks, Inc. $ANET Position Reduced by Fielder Capital Group LLC

Fielder Capital Group LLC trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 9.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,835 shares of the technology company’s stock after selling 613 shares during the quarter. Fielder Capital Group LLC’s holdings in Arista Networks were worth $597,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ANET. Brighton Jones LLC boosted its stake in Arista Networks by 321.7% during the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after acquiring an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in Arista Networks during the 4th quarter valued at $202,000. Bison Wealth LLC bought a new position in Arista Networks during the 4th quarter valued at $251,000. Golden State Equity Partners boosted its stake in Arista Networks by 24.2% during the 1st quarter. Golden State Equity Partners now owns 2,849 shares of the technology company’s stock valued at $221,000 after acquiring an additional 556 shares during the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in shares of Arista Networks by 1,275.6% during the first quarter. Golden State Wealth Management LLC now owns 9,794 shares of the technology company’s stock worth $759,000 after purchasing an additional 9,082 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Evercore ISI increased their target price on shares of Arista Networks from $150.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. William Blair reissued an “outperform” rating on shares of Arista Networks in a report on Friday, September 12th. Morgan Stanley set a $171.00 target price on shares of Arista Networks and gave the stock an “overweight” rating in a report on Friday, October 10th. The Goldman Sachs Group increased their target price on shares of Arista Networks from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Finally, KeyCorp increased their target price on shares of Arista Networks from $115.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. Nineteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $163.94.

Arista Networks Stock Up 1.0%

ANET stock opened at $154.32 on Friday. Arista Networks, Inc. has a fifty-two week low of $59.43 and a fifty-two week high of $162.68. The firm’s 50-day simple moving average is $143.22 and its 200 day simple moving average is $113.64. The stock has a market cap of $193.96 billion, a PE ratio of 60.70, a price-to-earnings-growth ratio of 3.18 and a beta of 1.47.

Arista Networks (NYSE:ANET) last released its quarterly earnings data 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 business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter last year, the company earned $0.53 EPS. The company’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. Equities analysts forecast that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Insider Buying and Selling

In other Arista Networks news, insider Kenneth Duda sold 30,000 shares of the firm’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $142.75, for a total transaction of $4,282,500.00. Following the transaction, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,852,324. This trade represents a 69.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $147.49, for a total transaction of $1,179,920.00. Following the transaction, the director directly owned 41,784 shares in the company, valued at approximately $6,162,722.16. The trade was a 16.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,617,342 shares of company stock valued at $888,707,954 in the last quarter. Company insiders own 3.39% of the company’s stock.

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.