MGO One Seven LLC Increases Holdings in Arista Networks, Inc. $ANET

MGO One Seven LLC lifted its holdings in Arista Networks, Inc. (NYSE:ANET) by 33.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,800 shares of the technology company’s stock after purchasing an additional 11,191 shares during the quarter. MGO One Seven LLC’s holdings in Arista Networks were worth $4,583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Sowell Financial Services LLC purchased a new position in shares of Arista Networks in the first quarter worth $629,000. Commonwealth Equity Services LLC raised its stake in shares of Arista Networks by 19.8% in the first quarter. Commonwealth Equity Services LLC now owns 613,309 shares of the technology company’s stock worth $47,519,000 after purchasing an additional 101,162 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Arista Networks in the first quarter worth $15,227,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Arista Networks by 94.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 650,011 shares of the technology company’s stock worth $50,363,000 after purchasing an additional 316,309 shares during the last quarter. Finally, Dunhill Financial LLC raised its stake in shares of Arista Networks by 2,317.5% in the first quarter. Dunhill Financial LLC now owns 6,358 shares of the technology company’s stock worth $493,000 after purchasing an additional 6,095 shares during the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Analyst Upgrades and Downgrades

ANET has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Wells Fargo & Company upped their price objective on Arista Networks from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. UBS Group upped their price objective on Arista Networks from $115.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Morgan Stanley set a $171.00 price objective on Arista Networks and gave the company an “overweight” rating in a research report on Friday. Finally, Wolfe Research upped their price objective on Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Nineteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Arista Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $163.94.

Arista Networks Stock Performance

NYSE:ANET opened at $147.45 on Tuesday. The stock has a 50-day simple moving average of $141.39 and a two-hundred day simple moving average of $109.58. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $162.68. The firm has a market capitalization of $185.32 billion, a PE ratio of 57.99, a P/E/G ratio of 3.21 and a beta of 1.47.

Arista Networks (NYSE:ANET) last released 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 analyst estimates of $2.11 billion. During the same quarter in the previous year, the company posted $0.53 earnings per share. Arista Networks’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. Equities analysts forecast 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, CEO Jayshree Ullal sold 1,247,688 shares of the business’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $148.53, for a total transaction of $185,319,098.64. Following the completion of the sale, the chief executive officer owned 5,383,207 shares of the company’s stock, valued at approximately $799,567,735.71. The trade was a 18.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $147.49, for a total value of $1,179,920.00. Following the sale, the director directly owned 41,784 shares of the company’s stock, valued at $6,162,722.16. This represents a 16.07% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,678,904 shares of company stock valued at $894,021,161. Company insiders own 3.54% of the company’s stock.

Arista Networks Company 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.