Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Arista Networks, Inc. (NYSE:ANET)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Arista Networks, Inc. (NYSE:ANET). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Arista Networks stock on October 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
• Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Arista Networks Trading Down 1.8%

Shares of NYSE ANET traded down $2.19 during midday trading on Friday, reaching $117.40. 16,697,035 shares of the stock were exchanged, compared to its average volume of 10,061,237. The stock has a 50 day moving average price of $143.90 and a 200-day moving average price of $123.21. The company has a market capitalization of $147.84 billion, a P/E ratio of 46.18, a P/E/G ratio of 3.37 and a beta of 1.48. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $164.94.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.03. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.26 billion. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.40 earnings per share. Arista Networks has set its Q4 2025 guidance at EPS. On average, analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ANET shares. Rosenblatt Securities restated a “neutral” rating and set a $140.00 price objective on shares of Arista Networks in a report on Wednesday, November 5th. UBS Group increased their target price on Arista Networks from $115.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Morgan Stanley set a $171.00 price objective on shares of Arista Networks and gave the company an “overweight” rating in a research note on Friday, October 10th. Wolfe Research increased their price objective on shares of Arista Networks from $160.00 to $185.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Finally, Weiss Ratings downgraded shares of Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, November 17th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Arista Networks has an average rating of “Moderate Buy” and an average price target of $164.31.

Institutional Trading of Arista Networks

A number of institutional investors have recently modified their holdings of ANET. Vanguard Group Inc. grew its stake in Arista Networks by 1.0% during the third quarter. Vanguard Group Inc. now owns 100,000,830 shares of the technology company’s stock worth $14,571,121,000 after buying an additional 1,007,730 shares during the period. State Street Corp raised its stake in shares of Arista Networks by 0.5% in the 3rd quarter. State Street Corp now owns 46,342,551 shares of the technology company’s stock valued at $6,752,573,000 after acquiring an additional 245,976 shares during the period. Cresset Asset Management LLC lifted its holdings in shares of Arista Networks by 1.0% during the 2nd quarter. Cresset Asset Management LLC now owns 26,374,373 shares of the technology company’s stock valued at $2,698,362,000 after acquiring an additional 263,272 shares in the last quarter. Geode Capital Management LLC boosted its position in Arista Networks by 0.5% during the 2nd quarter. Geode Capital Management LLC now owns 25,576,483 shares of the technology company’s stock worth $2,606,694,000 after purchasing an additional 128,977 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in Arista Networks by 9.0% in 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 in the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 30,000 shares of the business’s stock in a transaction dated Friday, October 17th. The stock was 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 in the company, valued at $1,852,324. The trade was a 69.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Charles H. Giancarlo sold 58,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $148.42, for a total value of $8,608,360.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,009,040 shares of company stock valued at $293,922,634 over the last three months. 3.39% of the stock is owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.