Arista Networks Inc (NYSE: ANET) is -24.45% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANET stock was last observed hovering at around $80.14 in the last trading session, with the day’s gains setting it 3.37%.
Currently trading at $83.51, the stock is -8.12% and -20.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.57 million and changing 4.21% at the moment leaves the stock -12.84% off its SMA200. ANET registered 18.51% gain for a year compared to 6-month gain of -2.59%. The firm has a 50-day simple moving average (SMA 50) of $105.6804 and a 200-day simple moving average (SMA200) of $95.808624.
The stock witnessed a -23.83% loss in the last 1 month and extending the period to 3 months gives it a -20.30%, and is 0.18% up 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 4.47% over the week and 4.96% over the month.
Arista Networks Inc (ANET) has around 4412 employees, a market worth around $105.32B and $7.00B in sales. Current P/E ratio is 37.52 and Fwd P/E is 28.22. Profit margin for the company is 40.73%. Distance from 52-week low is 39.00% and -37.48% from its 52-week high. The company has generated returns on investments over the last 12 months (28.43%).
with sales reaching $1.97B over the same period.The EPS is expected to grow by 9.91% this year, but quarterly earnings will post 19.20% year-over-year. Quarterly sales are estimated to grow 25.36% in year-over-year returns.
Arista Networks Inc (ANET) Top Institutional Holders
2255.0 institutions hold shares in Arista Networks Inc (ANET), with institutional investors hold 83.74% of the company’s shares. The shares outstanding are 1.26B, and float is at 1.03B with Short Float at 1.47%. Institutions hold 68.53% of the Float.
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 Duda Kenneth, the company’s CTO and SVP Software Eng. SEC filings show that Duda Kenneth sold 80,000 shares of the company’s common stock on Mar 06 ’25 at a price of $84.85 per share for a total of $6.79 million. Following the sale, the insider now owns 12976.0 shares.
Arista Networks Inc disclosed in a document filed with the SEC on Mar 06 ’25 that Duda Kenneth (CTO and SVP Software Eng.) sold a total of 80,000 shares of the company’s common stock. The trade occurred on Mar 06 ’25 and was made at $84.85 per share for $6.79 million. Following the transaction, the insider now directly holds 0.63 million shares of the ANET stock.
Still, SEC filings show that on Mar 03 ’25, Taxay Marc (SVP and General Counsel) disposed off 51,848 shares at an average price of $88.59 for $4.59 million. The insider now directly holds 0 shares of Arista Networks Inc (ANET).
