Impact Investors Inc Sells 183 Shares of Arista Networks, Inc. $ANET

Impact Investors Inc reduced its stake in Arista Networks, Inc. (NYSE:ANET) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,483 shares of the technology company’s stock after selling 183 shares during the period. Arista Networks makes up approximately 2.0% of Impact Investors Inc’s holdings, making the stock its 12th largest holding. Impact Investors Inc’s holdings in Arista Networks were worth $2,812,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ibex Wealth Advisors grew its stake in shares of Arista Networks by 14.4% in the 1st quarter. Ibex Wealth Advisors now owns 58,093 shares of the technology company’s stock valued at $4,501,000 after purchasing an additional 7,329 shares during the period. Sowell Financial Services LLC bought a new stake in shares of Arista Networks in the 1st quarter valued at approximately $629,000. Commonwealth Equity Services LLC grew its stake in shares of Arista Networks by 19.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 613,309 shares of the technology company’s stock valued at $47,519,000 after purchasing an additional 101,162 shares during the period. Westfield Capital Management Co. LP bought a new stake in shares of Arista Networks in the 1st quarter valued at approximately $15,227,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Arista Networks by 94.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 650,011 shares of the technology company’s stock valued at $50,363,000 after purchasing an additional 316,309 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Arista Networks Stock Performance

NYSE:ANET opened at $145.51 on Friday. The stock’s fifty day moving average price is $137.53 and its two-hundred day moving average price is $106.35. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $156.32. The company has a market cap of $182.88 billion, a price-to-earnings ratio of 57.23, a P/E/G ratio of 3.01 and a beta of 1.47.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data 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 firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the prior year, the business earned $0.53 EPS. The business’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. On average, equities analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Evercore ISI increased their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. KeyCorp increased their price target on Arista Networks from $115.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Morgan Stanley increased their price target on Arista Networks from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. William Blair restated an “outperform” rating on shares of Arista Networks in a research report on Friday, September 12th. Finally, Wells Fargo & Company increased their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Nineteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.00.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 1,785,165 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $776,191,640.28. This represents a 23.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 6,678,904 shares of company stock worth $894,021,161. 3.39% of the stock is currently owned by corporate insiders.

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.