GW Henssler & Associates Ltd. lessened its holdings in Arista Networks, Inc. (NYSE:ANET – Free Report) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 267,693 shares of the technology company’s stock after selling 16,199 shares during the quarter. Arista Networks accounts for approximately 1.7% of GW Henssler & Associates Ltd.’s holdings, making the stock its 10th biggest holding. GW Henssler & Associates Ltd.’s holdings in Arista Networks were worth $35,076,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Board of the Pension Protection Fund bought a new stake in Arista Networks in the 4th quarter valued at $26,000. Knuff & Co LLC bought a new stake in Arista Networks in the 3rd quarter valued at $29,000. Ameliora Wealth Management Ltd. bought a new stake in Arista Networks in the 4th quarter valued at $30,000. Quarry LP bought a new stake in shares of Arista Networks in the 3rd quarter worth about $33,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Arista Networks in the 4th quarter worth about $34,000. Institutional investors own 82.47% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on ANET shares. Citigroup lowered their target price on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Truist Financial set a $175.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. KeyCorp reaffirmed an “overweight” rating and issued a $178.00 target price (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $185.72.
Arista Networks Trading Up 7.2%
Arista Networks stock opened at $170.91 on Tuesday. Arista Networks, Inc. has a 1 year low of $85.58 and a 1 year high of $179.80. The company has a market cap of $215.20 billion, a PE ratio of 58.53, a PEG ratio of 2.46 and a beta of 1.67. The company’s 50-day moving average is $148.22 and its two-hundred day moving average is $137.86.
Arista Networks (NYSE:ANET – Get Free Report) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the company posted $0.65 EPS. The company’s revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Research analysts forecast that Arista Networks, Inc. will post 3.27 EPS for the current year.
Insider Buying and Selling at Arista Networks
In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer directly owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 220,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $156.86, for a total transaction of $34,509,200.00. Following the completion of the sale, the insider owned 182,803,048 shares in the company, valued at $28,674,486,109.28. This represents a 0.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,935,142 shares of company stock worth $313,589,223. Company insiders own 2.70% of the company’s stock.
Arista Networks Profile
Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.
Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.
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