Disciplined Equity Management Inc. Buys 990 Shares of Arista Networks, Inc. $ANET

Disciplined Equity Management Inc. raised its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 9.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 11,250 shares of the technology company’s stock after purchasing an additional 990 shares during the quarter. Arista Networks comprises about 0.7% of Disciplined Equity Management Inc.’s investment portfolio, making the stock its 25th largest position. Disciplined Equity Management Inc.’s holdings in Arista Networks were worth $1,151,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. HighMark Wealth Management LLC grew its holdings in Arista Networks by 179.7% during the first quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company’s stock valued at $28,000 after purchasing an additional 230 shares during the period. Cloud Capital Management LLC acquired a new stake in Arista Networks in the first quarter worth $30,000. Saudi Central Bank bought a new position in shares of Arista Networks during the first quarter worth $33,000. REAP Financial Group LLC grew its holdings in shares of Arista Networks by 108.0% in the 2nd quarter. REAP Financial Group LLC now owns 337 shares of the technology company’s stock valued at $34,000 after buying an additional 175 shares during the period. Finally, Tradewinds Capital Management LLC increased its position in shares of Arista Networks by 45.8% in the 1st quarter. Tradewinds Capital Management LLC now owns 455 shares of the technology company’s stock valued at $35,000 after buying an additional 143 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 1,785,165 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $136.22, for a total value of $243,175,176.30. Following the completion of the transaction, the chief executive officer owned 5,698,074 shares of the company’s stock, valued at approximately $776,191,640.28. This trade represents a 23.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 6,678,904 shares of company stock worth $894,021,161 in the last ninety days. Corporate insiders own 3.54% of the company’s stock.

Arista Networks Stock Performance

NYSE:ANET opened at $138.76 on Wednesday. The stock has a 50-day simple moving average of $141.81 and a 200 day simple moving average of $109.79. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $162.68. The company has a market cap of $174.40 billion, a PE ratio of 54.58, a PEG ratio of 3.07 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 for the quarter, topping analysts’ consensus estimates of $0.65 by $0.08. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.11 billion. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The business’s revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 EPS. Arista Networks has set its Q3 2025 guidance at EPS. On average, research analysts predict that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ANET. Wells Fargo & Company raised their price objective on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Evercore ISI increased 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. Piper Sandler lifted their price objective on Arista Networks from $89.00 to $143.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. The Goldman Sachs Group boosted their price objective on Arista Networks from $155.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Finally, Morgan Stanley set a $171.00 target price on Arista Networks and gave the stock an “overweight” rating in a research note on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $163.94.

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.