Roundview Capital LLC Has $2.79 Million Stock Holdings in Arista Networks, Inc. $ANET

Roundview Capital LLC decreased its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 2.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 27,272 shares of the technology company’s stock after selling 693 shares during the quarter. Roundview Capital LLC’s holdings in Arista Networks were worth $2,790,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ANET. Nuveen LLC acquired a new position in shares of Arista Networks in the 1st quarter valued at about $933,626,000. AQR Capital Management LLC grew its position in Arista Networks by 153.8% during the first quarter. AQR Capital Management LLC now owns 7,719,809 shares of the technology company’s stock valued at $584,119,000 after purchasing an additional 4,678,372 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Arista Networks by 37.3% during the first quarter. Goldman Sachs Group Inc. now owns 9,552,484 shares of the technology company’s stock valued at $740,126,000 after purchasing an additional 2,594,184 shares in the last quarter. Amundi increased its stake in Arista Networks by 35.3% in the 1st quarter. Amundi now owns 8,582,109 shares of the technology company’s stock valued at $611,852,000 after buying an additional 2,240,045 shares during the period. Finally, Alliancebernstein L.P. lifted its position in Arista Networks by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 22,959,214 shares of the technology company’s stock worth $1,778,880,000 after buying an additional 1,889,198 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on ANET shares. Melius Research boosted their price target on shares of Arista Networks from $160.00 to $185.00 and gave the company a “buy” rating in a report on Friday, September 12th. Citigroup lifted their price objective on Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Needham & Company LLC upped their target price on Arista Networks from $155.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. Wolfe Research lifted their price target on Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Finally, Evercore ISI boosted their price target on Arista Networks from $150.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Nineteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.00.

Arista Networks Trading Up 2.8%

Shares of ANET stock opened at $149.61 on Tuesday. The firm has a market capitalization of $188.04 billion, a P/E ratio of 58.84, a price-to-earnings-growth ratio of 3.03 and a beta of 1.47. Arista Networks, Inc. has a 1 year low of $59.43 and a 1 year high of $156.32. The firm’s fifty day simple moving average is $138.18 and its 200 day simple moving average is $107.14.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $2.11 billion. During the same period in the prior year, the firm earned $0.53 EPS. The business’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 fiscal year.

Insider Buying and Selling

In other news, CEO Jayshree Ullal sold 1,247,688 shares of Arista Networks stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $148.53, for a total transaction of $185,319,098.64. Following the sale, the chief executive officer owned 5,383,207 shares of the company’s stock, valued at approximately $799,567,735.71. This trade represents a 18.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 41,784 shares in the company, valued at approximately $6,162,722.16. This represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,678,904 shares of company stock valued at $894,021,161 over the last three months. 3.39% of the stock is 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.