Chicago Partners Investment Group LLC Grows Stock Position in Arista Networks, Inc. $ANET

Chicago Partners Investment Group LLC lifted its position in Arista Networks, Inc. (NYSE:ANET) by 35.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,685 shares of the technology company’s stock after acquiring an additional 4,322 shares during the period. Chicago Partners Investment Group LLC’s holdings in Arista Networks were worth $1,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in ANET. Brighton Jones LLC boosted its stake in shares of Arista Networks by 321.7% in 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 acquired a new stake in shares of Arista Networks in the fourth quarter worth approximately $202,000. Bison Wealth LLC acquired a new stake in shares of Arista Networks in the fourth quarter worth approximately $251,000. Johnson Investment Counsel Inc. acquired a new stake in shares of Arista Networks in the first quarter worth approximately $219,000. Finally, ORG Partners LLC boosted its stake in shares of Arista Networks by 43.8% in the first quarter. ORG Partners LLC now owns 575 shares of the technology company’s stock worth $45,000 after acquiring an additional 175 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Arista Networks news, insider Kenneth Duda sold 30,000 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $141.79, for a total transaction of $4,253,700.00. Following the completion of the sale, the insider owned 12,976 shares of the company’s stock, valued at $1,839,867.04. This trade represents a 69.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jayshree Ullal sold 1,247,688 shares of the firm’s stock in a transaction 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 sale, the chief executive officer directly owned 5,383,207 shares of the company’s stock, valued at approximately $799,567,735.71. This trade represents a 18.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,622,904 shares of company stock valued at $887,794,521 over the last quarter. 3.54% of the stock is owned by insiders.

Arista Networks Stock Up 2.3%

ANET stock opened at $146.40 on Tuesday. The business has a fifty day moving average of $142.29 and a two-hundred day moving average of $112.00. The stock has a market cap of $184.01 billion, a price-to-earnings ratio of 57.58, a price-to-earnings-growth ratio of 2.98 and a beta of 1.47. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $162.68.

Arista Networks (NYSE:ANET) last posted its earnings results 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. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.53 earnings per share. Arista Networks has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Piper Sandler lifted their price target on Arista Networks from $89.00 to $143.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Evercore ISI lifted their price objective on Arista Networks from $150.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Needham & Company LLC lifted their price objective on Arista Networks from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. Wolfe Research lifted their price objective on Arista Networks from $160.00 to $185.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Finally, Rosenblatt Securities lifted their price objective on Arista Networks from $125.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, September 12th. Nineteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.94.

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.