McDonough Capital Management Inc Invests $225,000 in Arista Networks, Inc. $ANET

McDonough Capital Management Inc acquired a new stake in Arista Networks, Inc. (NYSE:ANET) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,200 shares of the technology company’s stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ANET. Brighton Jones LLC raised its position in shares of Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $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 worth approximately $202,000. Bison Wealth LLC bought a new position in Arista Networks during the 4th quarter worth approximately $251,000. Private Advisor Group LLC lifted its position in shares of Arista Networks by 45.3% in the 1st quarter. Private Advisor Group LLC now owns 71,578 shares of the technology company’s stock worth $5,546,000 after purchasing an additional 22,317 shares during the period. Finally, OneAscent Financial Services LLC boosted its stake in shares of Arista Networks by 148.2% in the 1st quarter. OneAscent Financial Services LLC now owns 16,318 shares of the technology company’s stock valued at $1,272,000 after purchasing an additional 9,744 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Stock Performance

ANET stock opened at $127.23 on Tuesday. The stock’s 50 day simple moving average is $145.90 and its 200 day simple moving average is $122.32. The company has a market cap of $160.22 billion, a P/E ratio of 50.04, a price-to-earnings-growth ratio of 3.37 and a beta of 1.48. Arista Networks, Inc. has a fifty-two week low of $59.43 and a fifty-two week high of $164.94.

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Wells Fargo & Company upped their target price on Arista Networks from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Morgan Stanley set a $171.00 target price on Arista Networks and gave the stock an “overweight” rating in a research note on Friday, October 10th. Finally, Rosenblatt Securities reissued a “neutral” rating and issued a $140.00 price target on shares of Arista Networks in a research note on Wednesday, November 5th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $164.31.

Insider Buying and Selling at Arista Networks

In other news, insider Kenneth Duda sold 26,000 shares of the business’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 $3,711,500.00. Following the completion of the sale, the insider directly owned 552,400 shares of the company’s stock, valued at $78,855,100. The trade was a 4.50% decrease in their ownership of the stock. The transaction 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 the company’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $148.53, for a total transaction of $185,319,098.64. Following the completion of the sale, the chief executive officer owned 5,383,207 shares in the company, valued at $799,567,735.71. This represents a 18.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,953,040 shares of company stock worth $286,720,474. 3.39% of the stock is 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.