Czech National Bank Increases Stock Position in Arista Networks, Inc. $ANET

Czech National Bank raised its position in Arista Networks, Inc. (NYSE:ANET) by 6.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 251,733 shares of the technology company’s stock after buying an additional 14,468 shares during the quarter. Czech National Bank’s holdings in Arista Networks were worth $25,755,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of ANET. 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 period. Revolve Wealth Partners LLC acquired a new position in Arista Networks in the 4th quarter valued at $202,000. Bank Pictet & Cie Europe AG boosted its position in shares of Arista Networks by 433.7% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 10,856 shares of the technology company’s stock worth $1,200,000 after purchasing an additional 8,822 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of Arista Networks during the 4th quarter worth $251,000. Finally, Silvercrest Asset Management Group LLC boosted its position in shares of Arista Networks by 390.0% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 54,306 shares of the technology company’s stock worth $6,002,000 after purchasing an additional 43,223 shares in the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Trading Up 4.3%

Arista Networks stock opened at $145.45 on Tuesday. The stock has a market cap of $182.81 billion, a P/E ratio of 57.21, a price-to-earnings-growth ratio of 3.28 and a beta of 1.49. The stock has a 50 day moving average of $127.73 and a 200-day moving average of $100.63. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $156.32.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data 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. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The firm had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period last year, the business posted $0.53 earnings per share. The firm’s revenue for the quarter 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 predict that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, SVP Kenneth Duda sold 30,000 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $136.51, for a total value of $4,095,300.00. Following the sale, the senior vice president directly owned 12,976 shares in the company, valued at approximately $1,771,353.76. This trade represents a 69.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 completion of the sale, the chief executive officer owned 5,383,207 shares in the company, valued at $799,567,735.71. The trade was a 18.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,526,614 shares of company stock worth $975,547,217. 3.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ANET shares. BNP Paribas lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Wolfe Research upped their target price on shares of Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a report on Friday. Citigroup upped their target price on shares of Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a report on Friday. Needham & Company LLC upped their target price on shares of Arista Networks from $130.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Finally, Barclays upped their target price on shares of Arista Networks from $151.00 to $179.00 and gave the company an “overweight” rating in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $157.56.

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.