Headlines about Arista Networks (NYSE:ANET) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arista Networks earned a news impact score of 0.16 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.1906896198281 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have impacted Accern’s analysis:

Shares of Arista Networks (NYSE ANET) opened at $272.55 on Friday. Arista Networks has a 52-week low of $97.27 and a 52-week high of $289.07. The stock has a market cap of $19,920.00, a PE ratio of 56.55, a PEG ratio of 2.17 and a beta of 1.47. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.66 and a quick ratio of 3.07.

Several research analysts recently issued reports on the stock. UBS Group raised their target price on shares of Arista Networks from $165.00 to $200.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Morgan Stanley raised their target price on shares of Arista Networks from $210.00 to $260.00 and gave the stock an “overweight” rating in a report on Thursday, December 21st. Zacks Investment Research cut shares of Arista Networks from a “buy” rating to a “hold” rating in a report on Wednesday. BidaskClub raised shares of Arista Networks from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 31st. Finally, Loop Capital assumed coverage on shares of Arista Networks in a report on Monday, January 29th. They set a “hold” rating and a $250.00 target price for the company. Fifteen analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $223.31.

In other news, insider Andreas Bechtolsheim sold 132,370 shares of Arista Networks stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $240.17, for a total value of $31,791,302.90. Following the sale, the insider now owns 73,102 shares in the company, valued at $17,556,907.34. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jayshree Ullal sold 72,443 shares of Arista Networks stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $225.96, for a total transaction of $16,369,220.28. Following the completion of the sale, the insider now owns 3,564 shares in the company, valued at approximately $805,321.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 458,126 shares of company stock worth $108,380,024. Company insiders own 28.09% of the company’s stock.

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Arista Networks Company Profile

Arista Networks, Inc is a supplier of cloud networking solutions that use software innovations to address the needs of Internet companies, cloud service providers and data centers for enterprise support. It develops, markets and sells cloud networking solutions, which consist of its Gigabit Ethernet switches and related software.

Insider Buying and Selling by Quarter for Arista Networks (NYSE:ANET)

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