Senator John Boozman (R-Arkansas) recently bought shares of Arista Networks, Inc. (NYSE:ANET). In a filing disclosed on December 08th, the Senator disclosed that they had bought between $1,001 and $15,000 in Arista Networks stock on November 13th.
Senator John Boozman also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Tortoise North American Pipeline Fund (NYSEARCA:TPYP) on 11/21/2025.
- Sold $1,001 – $15,000 in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on 11/21/2025.
- Purchased $1,001 – $15,000 in shares of iShares CMBS ETF (NYSEARCA:CMBS) on 11/21/2025.
- Purchased $1,001 – $15,000 in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) on 11/21/2025.
- Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 11/21/2025.
- Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 11/21/2025.
- Sold $1,001 – $15,000 in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) on 11/21/2025.
- Purchased $1,001 – $15,000 in shares of iShares MBS ETF (NASDAQ:MBB) on 11/21/2025.
- Sold $1,001 – $15,000 in shares of FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) on 11/21/2025.
- Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/21/2025.
Arista Networks Trading Up 0.3%
ANET opened at $129.00 on Tuesday. The stock’s fifty day simple moving average is $140.23 and its 200 day simple moving average is $125.84. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94. The stock has a market cap of $162.44 billion, a PE ratio of 49.05, a price-to-earnings-growth ratio of 2.47 and a beta of 1.41.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bare Financial Services Inc increased its holdings in Arista Networks by 2,118.2% in the 2nd quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock valued at $25,000 after buying an additional 233 shares during the period. AdvisorNet Financial Inc boosted its position in shares of Arista Networks by 56.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after acquiring an additional 72 shares in the last quarter. Knuff & Co LLC bought a new position in Arista Networks in the third quarter valued at approximately $29,000. Richardson Financial Services Inc. increased its stake in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after acquiring an additional 130 shares during the last quarter. Finally, Saudi Central Bank acquired a new position in Arista Networks during the first quarter valued at approximately $33,000. Institutional investors and hedge funds own 82.47% of the company’s stock.
Insiders Place Their Bets
In other news, CEO Jayshree Ullal sold 24,042 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $124.55, for a total value of $2,994,431.10. Following the completion of the transaction, the chief executive officer owned 9,917 shares of the company’s stock, valued at approximately $1,235,162.35. This represents a 70.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kelly Bodnar Battles sold 422 shares of Arista Networks stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $117.15, for a total transaction of $49,437.30. Following the sale, the director directly owned 8,980 shares in the company, valued at $1,052,007. This trade represents a 4.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,522,152 shares of company stock valued at $223,569,587. 3.54% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Several research firms have weighed in on ANET. Erste Group Bank cut shares of Arista Networks from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Melius Research upped their target price on Arista Networks from $160.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Needham & Company LLC lifted their price target on Arista Networks from $155.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. BNP Paribas Exane upgraded Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 price target for the company in a research note on Thursday, September 25th. Finally, UBS Group reaffirmed a “buy” rating and issued a $155.00 price objective on shares of Arista Networks in a report on Wednesday, December 3rd. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.31.
Get Our Latest Stock Analysis on ANET
About Senator Boozman
John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry
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.
Further Reading
- Five stocks we like better than Arista Networks
- 3 Fintech Stocks With Good 2021 Prospects
- Top 5 Highest-Rated Dividend Stocks, According to MarketBeat
- Using the MarketBeat Dividend Tax Calculator
- What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- 3 Stocks Most Likely to Split in 2026
Receive News & Ratings for Arista Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arista Networks and related companies with MarketBeat.com's FREE daily email newsletter.
