Arista Networks, Inc. $ANET Shares Acquired by DJE Kapital AG

DJE Kapital AG increased its position in shares of Arista Networks, Inc. (NYSE:ANET) by 60.6% in the second quarter, HoldingsChannel.com reports. The firm owned 21,125 shares of the technology company’s stock after acquiring an additional 7,970 shares during the quarter. DJE Kapital AG’s holdings in Arista Networks were worth $2,151,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ANET. REAP Financial Group LLC increased its holdings in shares of Arista Networks by 108.0% in the 2nd quarter. REAP Financial Group LLC now owns 337 shares of the technology company’s stock valued at $34,000 after acquiring an additional 175 shares during the last quarter. Solstein Capital LLC boosted its holdings in Arista Networks by 493.8% in the second quarter. Solstein Capital LLC now owns 380 shares of the technology company’s stock valued at $39,000 after purchasing an additional 316 shares in the last quarter. Saudi Central Bank purchased a new position in Arista Networks in the first quarter valued at approximately $33,000. Costello Asset Management INC raised its holdings in Arista Networks by 51.3% during the first quarter. Costello Asset Management INC now owns 454 shares of the technology company’s stock worth $35,000 after purchasing an additional 154 shares in the last quarter. Finally, Hemington Wealth Management lifted its position in shares of Arista Networks by 28.2% during the 2nd quarter. Hemington Wealth Management now owns 459 shares of the technology company’s stock worth $46,000 after buying an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Activity at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 30,000 shares of Arista Networks stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $142.75, for a total value of $4,282,500.00. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,852,324. The trade was a 69.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $157.12, for a total value of $1,256,960.00. Following the transaction, the director directly owned 33,784 shares of the company’s stock, valued at approximately $5,308,142.08. This trade represents a 19.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,009,040 shares of company stock worth $294,365,034 over the last 90 days. Company insiders own 3.39% of the company’s stock.

Arista Networks Price Performance

NYSE:ANET opened at $134.62 on Friday. The firm has a market cap of $169.20 billion, a price-to-earnings ratio of 52.95, a price-to-earnings-growth ratio of 3.37 and a beta of 1.48. The firm’s fifty day moving average price is $146.66 and its 200 day moving average price is $119.77. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, November 4th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the business earned $2.40 EPS. The business’s revenue was up 27.5% on a year-over-year basis. Arista Networks has set its Q4 2025 guidance at EPS. As a group, analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on ANET shares. The Goldman Sachs Group increased their target price on shares of Arista Networks from $155.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, September 12th. UBS Group raised their price objective on Arista Networks from $115.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Evercore ISI boosted their target price on Arista Networks from $150.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Barclays reissued an “overweight” rating and issued a $183.00 target price (up from $179.00) on shares of Arista Networks in a research report on Wednesday. Finally, Rosenblatt Securities reaffirmed a “neutral” rating and set a $140.00 price target on shares of Arista Networks in a research report on Wednesday. Nineteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.31.

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.