Arista Networks, Inc. $ANET Stake Lifted by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. increased its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 86.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,591 shares of the technology company’s stock after buying an additional 8,133 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Arista Networks were worth $1,800,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Sowell Financial Services LLC bought a new position in Arista Networks during the 1st quarter worth $629,000. Commonwealth Equity Services LLC grew its stake in Arista Networks by 19.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 613,309 shares of the technology company’s stock worth $47,519,000 after buying an additional 101,162 shares during the last quarter. Westfield Capital Management Co. LP bought a new position in Arista Networks during the 1st quarter worth $15,227,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Arista Networks by 94.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 650,011 shares of the technology company’s stock worth $50,363,000 after buying an additional 316,309 shares during the last quarter. Finally, Dunhill Financial LLC grew its stake in Arista Networks by 2,317.5% during the 1st quarter. Dunhill Financial LLC now owns 6,358 shares of the technology company’s stock worth $493,000 after buying an additional 6,095 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ANET. 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 report on Friday, September 12th. The Goldman Sachs Group boosted their price target on Arista Networks from $155.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Evercore ISI boosted their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. UBS Group boosted their price target on Arista Networks from $115.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Wells Fargo & Company boosted their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. 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 stock currently has an average rating of “Moderate Buy” and an average target price of $163.94.

Arista Networks Stock Down 2.4%

Shares of Arista Networks stock opened at $154.51 on Monday. The firm has a market cap of $194.19 billion, a price-to-earnings ratio of 60.77, a price-to-earnings-growth ratio of 3.21 and a beta of 1.47. The business has a fifty day simple moving average of $140.85 and a 200-day simple moving average of $109.10. Arista Networks, Inc. has a fifty-two week low of $59.43 and a fifty-two week high of $162.68.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.08. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.11 billion. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.Arista Networks’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.53 earnings per share. Arista Networks has set its Q3 2025 guidance at EPS. Analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In other news, insider Kenneth Duda sold 30,000 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $141.79, for a total transaction of $4,253,700.00. Following the sale, the insider directly owned 12,976 shares of the company’s stock, valued at $1,839,867.04. The trade was a 69.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jayshree Ullal sold 1,247,688 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $148.53, for a total value of $185,319,098.64. Following the sale, the chief executive officer directly owned 5,383,207 shares in the company, valued at $799,567,735.71. This trade represents a 18.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,678,904 shares of company stock valued at $894,021,161 over the last three months. Company insiders own 3.39% of the company’s stock.

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.