HWG Holdings LP Buys 6,363 Shares of Arista Networks, Inc. $ANET

HWG Holdings LP increased its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 168.4% in the second quarter, Holdings Channel.com reports. The firm owned 10,142 shares of the technology company’s stock after purchasing an additional 6,363 shares during the quarter. HWG Holdings LP’s holdings in Arista Networks were worth $1,038,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. HighMark Wealth Management LLC increased its stake in Arista Networks by 179.7% during the 1st quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock worth $28,000 after purchasing an additional 230 shares in the last quarter. Cloud Capital Management LLC bought a new stake in Arista Networks during the 1st quarter worth approximately $30,000. Saudi Central Bank bought a new stake in Arista Networks during the 1st quarter worth approximately $33,000. McIlrath & Eck LLC bought a new stake in Arista Networks during the 4th quarter worth approximately $35,000. Finally, Tradewinds Capital Management LLC increased its stake in Arista Networks by 45.8% during the 1st quarter. Tradewinds Capital Management LLC now owns 455 shares of the technology company’s stock worth $35,000 after purchasing an additional 143 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $117.01, for a total transaction of $936,080.00. Following the completion of the sale, the director owned 57,784 shares of the company’s stock, valued at $6,761,305.84. This trade represents a 12.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jayshree Ullal sold 1,247,688 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were 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 $799,567,735.71. This represents a 18.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,526,614 shares of company stock valued at $975,547,217 in the last quarter. 3.39% of the stock is currently owned by insiders.

Arista Networks Price Performance

Shares of Arista Networks stock opened at $142.68 on Thursday. The business has a fifty day simple moving average of $129.23 and a two-hundred day simple moving average of $101.21. Arista Networks, Inc. has a 1 year low of $59.43 and a 1 year high of $156.32. The company has a market capitalization of $179.33 billion, a price-to-earnings ratio of 56.12, a P/E/G ratio of 2.96 and a beta of 1.50.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter last year, the firm posted $0.53 EPS. The company’s quarterly revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. William Blair reissued an “outperform” rating on shares of Arista Networks in a research note on Friday, September 12th. Needham & Company LLC increased their target price on Arista Networks from $155.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday. Piper Sandler raised their price target on shares of Arista Networks from $89.00 to $143.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Wolfe Research raised their price target on shares of Arista Networks from $160.00 to $185.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Finally, Barclays raised their price target on shares of Arista Networks from $151.00 to $179.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Sixteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $157.88.

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.