758 Shares in Arista Networks, Inc. $ANET Bought by AlphaCore Capital LLC

AlphaCore Capital LLC acquired a new stake in Arista Networks, Inc. (NYSE:ANET) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 758 shares of the technology company’s stock, valued at approximately $78,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in Arista Networks by 321.7% in the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after buying an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in Arista Networks during the fourth quarter worth $202,000. Bison Wealth LLC bought a new position in Arista Networks in the 4th quarter valued at approximately $251,000. LPL Financial LLC boosted its position in Arista Networks by 6.5% during the 1st quarter. LPL Financial LLC now owns 1,183,126 shares of the technology company’s stock worth $91,669,000 after buying an additional 72,531 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in Arista Networks by 15.6% in the first quarter. Mackenzie Financial Corp now owns 214,836 shares of the technology company’s stock valued at $16,645,000 after purchasing an additional 29,044 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Barclays reissued an “overweight” rating and set a $183.00 target price (up previously from $179.00) on shares of Arista Networks in a research note on Wednesday, November 5th. JPMorgan Chase & Co. boosted their price objective on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. KeyCorp increased their price objective on shares of Arista Networks from $115.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Morgan Stanley set a $171.00 price objective on shares of Arista Networks and gave the stock an “overweight” rating in a report on Friday, October 10th. Finally, Citigroup boosted their price objective on Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Arista Networks currently has a consensus rating of “Moderate Buy” and an average target price of $164.31.

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 1,247,688 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 5,383,207 shares in the company, valued at $799,567,735.71. This trade represents a 18.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Kenneth Duda sold 30,000 shares of Arista Networks stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $128.61, for a total value of $3,858,300.00. Following the sale, the insider owned 12,976 shares in the company, valued at $1,668,843.36. This represents a 69.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,985,422 shares of company stock valued at $290,780,281 over the last three months. Corporate insiders own 3.39% of the company’s stock.

Arista Networks Stock Performance

Shares of ANET stock opened at $127.95 on Thursday. The stock has a 50 day moving average price of $142.80 and a two-hundred day moving average price of $123.76. Arista Networks, Inc. has a fifty-two week low of $59.43 and a fifty-two week high of $164.94. The company has a market capitalization of $161.12 billion, a P/E ratio of 50.32, a PEG ratio of 3.37 and a beta of 1.48.

Arista Networks (NYSE:ANET) last issued 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 net margin of 40.90% and a return on equity of 31.05%. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the firm posted $2.40 earnings per share. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. Arista Networks has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

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.