Arista Networks Inc (NYSE: ANET) is 0.48% higher on its value in year-to-date trading and has touched a low of $60.08 and a high of $133.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ANET stock was last observed hovering at around $106.87 in the last trading session, with the day’s gains setting it 4.19%.
Currently trading at $111.06, the stock is -3.46% and -2.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.48 million and changing 3.92% at the moment leaves the stock 17.46% off its SMA200. ANET registered 67.21% gain for a year compared to 6-month gain of 24.58%.
The stock witnessed a -5.98% loss in the last 1 month and extending the period to 3 months gives it a 12.42%, and is -7.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.32% over the week and 4.02% over the month.
Arista Networks Inc (ANET) has around 4023 employees, a market worth around $139.91B and $6.61B in sales. Current P/E ratio is 53.31 and Fwd P/E is 37.95. Profit margin for the company is 40.29%. Distance from 52-week low is 84.85% and -16.86% from its 52-week high. The company has generated returns on investments over the last 12 months (28.82%).
The EPS is expected to grow by 8.47% this year.
Arista Networks Inc (ANET) Top Institutional Holders
The shares outstanding are 1.26B, and float is at 1.03B with Short Float at 0.96%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.39 million shares valued at $8.2 billion. The investor’s holdings represent 7.4727% of the ANET Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.09 million shares valued at $7.04 billion to account for 6.4177 of the shares outstanding. The other top investors are FMR LLC which holds 14.23 million shares representing 4.5367% and valued at over $4.99 billion, while STATE STREET CORP holds 3.4511 of the shares totaling 10.83 million with a market value of $3.79 billion.
Arista Networks Inc (ANET) Insider Activity
The most recent transaction is an insider sale by Battles Kelly Bodnar, the company’s Director. SEC filings show that Battles Kelly Bodnar sold 1,488 shares of the company’s common stock on Feb 14 ’25 at a price of $107.13 per share for a total of $0.16 million. Following the sale, the insider now owns 8128.0 shares.
Still, SEC filings show that on Feb 06 ’25, Duda Kenneth (CTO and SVP Software Eng.) disposed off 80,000 shares at an average price of $115.61 for $9.25 million. The insider now directly holds 12,976 shares of Arista Networks Inc (ANET).
