Sen. John Boozman Purchases Shares of Arista Networks, Inc. (NYSE:ANET)

Senator John Boozman (R-Arkansas) recently bought shares of Arista Networks, Inc. (NYSE:ANET). In a filing disclosed on December 08th, the Senator disclosed that they had bought between $1,001 and $15,000 in Arista Networks stock on November 13th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Tortoise North American Pipeline Fund (NYSEARCA:TPYP) on 11/21/2025.
• Sold $1,001 – $15,000 in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on 11/21/2025.
• Purchased $1,001 – $15,000 in shares of iShares CMBS ETF (NYSEARCA:CMBS) on 11/21/2025.
• Purchased $1,001 – $15,000 in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) on 11/21/2025.
• Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 11/21/2025.
• Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 11/21/2025.
• Sold $1,001 – $15,000 in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) on 11/21/2025.
• Purchased $1,001 – $15,000 in shares of iShares MBS ETF (NASDAQ:MBB) on 11/21/2025.
• Sold $1,001 – $15,000 in shares of FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) on 11/21/2025.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/21/2025.

Arista Networks Stock Up 0.6%

NYSE:ANET opened at $129.89 on Wednesday. The company has a market capitalization of $163.56 billion, a PE ratio of 49.39, a P/E/G ratio of 2.48 and a beta of 1.41. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $164.94. The stock’s 50 day moving average price is $139.91 and its 200 day moving average price is $126.11.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.03. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.26 billion. Arista Networks had a return on equity of 30.28% and a net margin of 39.73%.The company’s revenue was up 27.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.40 earnings per share. As a group, sell-side analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Jayshree Ullal sold 24,042 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $124.55, for a total value of $2,994,431.10. Following the sale, the chief executive officer owned 9,917 shares in the company, valued at $1,235,162.35. This represents a 70.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Kenneth Duda sold 30,000 shares of the firm’s 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 completion of the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at $1,668,843.36. The trade was a 69.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 274,464 shares of company stock worth $38,250,488. 3.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Melius Research raised their price objective on shares of Arista Networks from $160.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Evercore ISI raised their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Barclays reaffirmed an “overweight” rating and set a $183.00 price objective (up from $179.00) on shares of Arista Networks in a research note on Wednesday, November 5th. Piper Sandler reiterated a “neutral” rating and issued a $145.00 target price (up from $143.00) on shares of Arista Networks in a research note on Wednesday, November 5th. Finally, BNP Paribas Exane raised Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 target price on the stock in a report on Thursday, September 25th. Eighteen 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 has an average rating of “Moderate Buy” and a consensus price target of $164.31.

Hedge Funds Weigh In On Arista Networks

Large investors have recently modified their holdings of the business. Nuveen LLC purchased a new position in Arista Networks in the first quarter worth $933,626,000. Norges Bank acquired a new position in shares of Arista Networks during the 2nd quarter worth $1,228,177,000. Massachusetts Financial Services Co. MA grew its stake in shares of Arista Networks by 2,829.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock worth $833,630,000 after purchasing an additional 5,525,828 shares during the period. AQR Capital Management LLC increased its holdings in shares of Arista Networks by 153.8% in the 1st quarter. AQR Capital Management LLC now owns 7,719,809 shares of the technology company’s stock valued at $584,119,000 after purchasing an additional 4,678,372 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Arista Networks by 193.3% in the second quarter. Nordea Investment Management AB now owns 7,065,054 shares of the technology company’s stock valued at $721,342,000 after purchasing an additional 4,656,021 shares during the period. 82.47% of the stock is owned by hedge funds and other institutional investors.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About Arista Networks

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.