CVA Family Office LLC Increases Position in Arista Networks, Inc. $ANET

CVA Family Office LLC increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 12.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,856 shares of the technology company’s stock after acquiring an additional 310 shares during the period. CVA Family Office LLC’s holdings in Arista Networks were worth $292,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new position in Arista Networks in the first quarter worth $30,000. Saudi Central Bank purchased a new stake in Arista Networks during the first quarter worth about $33,000. REAP Financial Group LLC raised its position in Arista Networks by 108.0% in 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 period. Tradewinds Capital Management LLC boosted its stake in 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 acquiring an additional 143 shares during the last quarter. Finally, Costello Asset Management INC grew its position in shares of Arista Networks by 51.3% during the 1st quarter. Costello Asset Management INC now owns 454 shares of the technology company’s stock valued at $35,000 after acquiring an additional 154 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Needham & Company LLC upped their price objective on Arista Networks from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. increased their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Morgan Stanley set a $171.00 price objective on Arista Networks and gave the company an “overweight” rating in a research note on Friday, October 10th. Finally, Wolfe Research increased their target price on shares of Arista Networks from $160.00 to $185.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Nineteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $163.94.

Arista Networks Stock Up 1.0%

Shares of NYSE ANET opened at $154.32 on Friday. The company has a market cap of $193.96 billion, a P/E ratio of 60.70, a P/E/G ratio of 3.21 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 business has a 50-day simple moving average of $143.22 and a two-hundred day simple moving average of $113.95.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share 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 for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the prior year, the business posted $0.53 earnings per share. The company’s revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current year.

Insiders Place Their Bets

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 transaction, the director owned 41,784 shares of the company’s stock, valued at approximately $6,162,722.16. This represents a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kenneth Duda sold 30,000 shares of the stock in a transaction on Friday, October 17th. The stock was sold at an average price of $142.75, for a total value of $4,282,500.00. Following the completion of the sale, the insider owned 12,976 shares in the company, valued at $1,852,324. This trade represents a 69.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,617,342 shares of company stock worth $888,707,954 in the last three months. 3.39% of the stock is currently owned by corporate insiders.

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.