Arista Networks, Inc. $ANET Holdings Raised by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC increased its position in Arista Networks, Inc. (NYSE:ANET) by 1.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,099 shares of the technology company’s stock after acquiring an additional 1,747 shares during the period. Arista Networks makes up about 3.2% of Mezzasalma Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Mezzasalma Advisors LLC’s holdings in Arista Networks were worth $10,650,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

ANET has been the subject of a number of recent research reports. William Blair reissued an “outperform” rating on shares of Arista Networks in a research note on Friday, September 12th. Citigroup increased their target price on Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a report on Friday, September 12th. BNP Paribas Exane raised Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 price target for the company in a report on Thursday, September 25th. Melius Research increased their price objective on Arista Networks from $160.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, Morgan Stanley set a $171.00 price objective on Arista Networks and gave the stock an “overweight” rating in a research report on Friday, October 10th. Nineteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $163.94.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 1,785,165 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 6,622,904 shares of company stock worth $887,794,521. Corporate insiders own 3.39% of the company’s stock.

Arista Networks Stock Down 2.0%

ANET stock opened at $143.10 on Friday. The stock has a market capitalization of $179.86 billion, a price-to-earnings ratio of 56.28, a price-to-earnings-growth ratio of 2.98 and a beta of 1.47. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $162.68. The stock’s fifty day simple moving average is $142.11 and its 200-day simple moving average is $111.15.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, August 5th. The technology company reported $0.73 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 firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the firm posted $0.53 earnings per share. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. Arista Networks has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal 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.