MQS Management LLC Has $306,000 Stake in Arista Networks, Inc. $ANET

MQS Management LLC raised its position in Arista Networks, Inc. (NYSE:ANET) by 11.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,990 shares of the technology company’s stock after purchasing an additional 296 shares during the period. MQS Management LLC’s holdings in Arista Networks were worth $306,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its position in shares of Arista Networks by 19.8% in the 1st 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 period. Westfield Capital Management Co. LP acquired a new position in shares of Arista Networks during the 1st quarter valued at $15,227,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Arista Networks by 94.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 650,011 shares of the technology company’s stock valued at $50,363,000 after acquiring an additional 316,309 shares during the period. Trilogy Capital Inc. lifted its position in shares of Arista Networks by 13.7% during the 1st quarter. Trilogy Capital Inc. now owns 25,625 shares of the technology company’s stock valued at $1,985,000 after acquiring an additional 3,079 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new position in shares of Arista Networks during the 2nd quarter valued at $212,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction on 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 completion of the sale, the director owned 41,784 shares in the company, valued at $6,162,722.16. This represents a 16.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kenneth Duda sold 30,000 shares of the company’s stock in a transaction on Friday, October 17th. The stock was sold at an average price of $142.75, for a total transaction of $4,282,500.00. Following the completion of the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,852,324. The trade was a 69.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,090,040 shares of company stock worth $827,757,115 in the last quarter. 3.54% of the stock is currently owned by corporate insiders.

Arista Networks Trading Up 1.0%

Shares of ANET stock opened at $154.32 on Monday. The firm has a market capitalization of $193.96 billion, a PE ratio of 60.70, a price-to-earnings-growth ratio of 3.21 and a beta of 1.47. The firm has a fifty day simple moving average of $143.22 and a two-hundred day simple moving average of $114.22. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $162.68.

Arista Networks (NYSE:ANET) last posted its earnings results 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 net margin of 40.90% and a return on equity of 31.05%. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the business posted $0.53 EPS. The business’s revenue was up 30.4% compared to the same quarter last year. Arista Networks has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ANET has been the topic of a number of research reports. Barclays boosted their target price on shares of Arista Networks from $151.00 to $179.00 and gave the company an “overweight” rating in a research report on Friday, September 12th. Melius Research boosted their target price on shares of Arista Networks from $160.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Citigroup boosted their target price on shares of Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Evercore ISI boosted their target price on shares of Arista Networks from $150.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Finally, Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 23rd. Nineteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.94.

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.