Silicon Valley Capital Partners Acquires 500 Shares of Arista Networks, Inc. $ANET

Silicon Valley Capital Partners raised its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 7.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 7,680 shares of the technology company’s stock after acquiring an additional 500 shares during the quarter. Silicon Valley Capital Partners’ holdings in Arista Networks were worth $599,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Arista Networks by 321.7% in the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after purchasing an additional 5,955 shares during the period. Revolve Wealth Partners LLC purchased a new position in Arista Networks during the fourth quarter worth about $202,000. Bank Pictet & Cie Europe AG boosted its position in shares of Arista Networks by 433.7% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 10,856 shares of the technology company’s stock valued at $1,200,000 after acquiring an additional 8,822 shares during the last quarter. Bison Wealth LLC purchased a new position in shares of Arista Networks during the fourth quarter worth about $251,000. Finally, Focus Partners Wealth increased its position in shares of Arista Networks by 581.9% in the fourth quarter. Focus Partners Wealth now owns 82,036 shares of the technology company’s stock worth $9,107,000 after purchasing an additional 70,006 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jayshree Ullal sold 56,548 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $143.56, for a total transaction of $8,118,030.88. Following the completion of the sale, the chief executive officer owned 5,555,373 shares in the company, valued at $797,529,347.88. This trade represents a 1.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $117.01, for a total transaction of $936,080.00. Following the completion of the transaction, the director directly owned 57,784 shares in the company, valued at $6,761,305.84. The trade was a 12.16% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,334,926 shares of company stock worth $795,392,998. Insiders own 3.39% of the company’s stock.

Arista Networks Price Performance

Shares of ANET stock opened at $150.96 on Thursday. The company has a market cap of $189.74 billion, a price-to-earnings ratio of 59.38, a price-to-earnings-growth ratio of 3.34 and a beta of 1.50. The stock’s fifty day moving average price is $125.09 and its 200 day moving average price is $99.44. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $151.71.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.11 billion. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.Arista Networks’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. Arista Networks has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ANET. The Goldman Sachs Group raised their price objective on Arista Networks from $115.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Barclays restated an “overweight” rating and issued a $151.00 price objective (up from $119.00) on shares of Arista Networks in a report on Thursday, August 7th. Needham & Company LLC boosted their price objective on shares of Arista Networks from $130.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a report on Wednesday, July 23rd. Finally, BNP Paribas downgraded shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $138.79.

About Arista Networks

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.