Arista Networks, Inc. $ANET Shares Sold by Earned Wealth Advisors LLC

Earned Wealth Advisors LLC decreased its position in shares of Arista Networks, Inc. (NYSE:ANET) by 43.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,661 shares of the technology company’s stock after selling 2,041 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Arista Networks were worth $272,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of 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 acquiring an additional 1,771,982 shares in the last quarter. Alliancebernstein L.P. raised its position in Arista Networks by 9.0% during the first quarter. Alliancebernstein L.P. now owns 22,959,214 shares of the technology company’s stock valued at $1,778,880,000 after acquiring an additional 1,889,198 shares in the last quarter. Nuveen LLC purchased a new position in Arista Networks during the first quarter valued at approximately $933,626,000. Northern Trust Corp raised its position in Arista Networks by 3.7% during the first quarter. Northern Trust Corp now owns 10,315,493 shares of the technology company’s stock valued at $799,244,000 after acquiring an additional 372,677 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Arista Networks by 37.3% during the first quarter. Goldman Sachs Group Inc. now owns 9,552,484 shares of the technology company’s stock valued at $740,126,000 after acquiring an additional 2,594,184 shares in the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ANET shares. Wolfe Research lifted their price target on Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. BNP Paribas Exane upgraded Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 price target for the company in a research report on Thursday, September 25th. Piper Sandler boosted their price objective on Arista Networks from $89.00 to $143.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Barclays boosted 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, Rosenblatt Securities boosted their price objective on Arista Networks from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, September 12th. 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 currently has an average rating of “Moderate Buy” and a consensus price target of $163.94.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $157.64 on Friday. The business’s 50 day moving average price is $145.72 and its 200-day moving average price is $116.88. The firm has a market capitalization of $198.13 billion, a PE ratio of 62.00, a P/E/G ratio of 3.37 and a beta of 1.47. Arista Networks, Inc. has a 1 year low of $59.43 and a 1 year high of $164.94.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.08. The firm had revenue of $2.20 billion for 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%.The business’s revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. Arista Networks has set its Q3 2025 guidance at EPS. As a group, analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Insider Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction that occurred 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 sale, the director directly owned 41,784 shares of the company’s stock, valued at $6,162,722.16. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jayshree Ullal sold 1,247,688 shares of Arista Networks stock in a transaction that occurred 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 $799,567,735.71. This represents a 18.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,325,040 shares of company stock valued at $611,632,257 over the last ninety days. Insiders own 3.39% of the company’s stock.

Arista Networks Company 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.