Representative Lisa C. McClain (R-Michigan) recently bought shares of Arista Networks, Inc. NYSE: ANET. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Arista Networks stock on August 13th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
- Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
- Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
- Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
- Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
- Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
- Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
- Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
- Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
- Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.
Arista Networks Trading Down 2.2%
Shares of Arista Networks stock traded down $3.19 during trading on Tuesday, reaching $142.24. The company's stock had a trading volume of 9,368,701 shares, compared to its average volume of 10,421,355. The stock has a market capitalization of $178.78 billion, a P/E ratio of 55.94, a price-to-earnings-growth ratio of 3.28 and a beta of 1.49. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $156.32. The stock has a 50-day moving average price of $127.73 and a two-hundred day moving average price of $100.63.
Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.08. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The company had revenue of $2.20 billion during the quarter, compared to analysts' expectations of $2.11 billion. During the same period in the prior year, the business posted $0.53 EPS. Arista Networks's revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.
Insider Buying and Selling at Arista Networks
In related news, CEO Jayshree Ullal sold 1,785,165 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $136.22, for a total transaction of $243,175,176.30. Following the completion of the transaction, the chief executive officer directly owned 5,698,074 shares of the company's stock, valued at approximately $776,191,640.28. This represents a 23.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 7,526,614 shares of company stock valued at $975,547,217 over the last three months. Corporate insiders own 3.54% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Bare Financial Services Inc increased its position in Arista Networks by 2,118.2% during the second quarter. Bare Financial Services Inc now owns 244 shares of the technology company's stock valued at $25,000 after acquiring an additional 233 shares during the last quarter. HighMark Wealth Management LLC increased its position in Arista Networks by 179.7% in the first quarter. HighMark Wealth Management LLC now owns 358 shares of the technology company's stock worth $28,000 after buying an additional 230 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in Arista Networks in the first quarter worth about $30,000. Saudi Central Bank purchased a new stake in Arista Networks in the first quarter worth about $33,000. Finally, REAP Financial Group LLC increased 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 buying an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 82.47% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. BNP Paribas downgraded Arista Networks from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 11th. Wells Fargo & Company boosted their price target on Arista Networks from $150.00 to $175.00 and gave the company an "overweight" rating in a research note on Friday. Redburn Atlantic began coverage on Arista Networks in a research note on Wednesday, May 28th. They issued a "buy" rating and a $112.00 price objective for the company. Erste Group Bank raised Arista Networks from a "hold" rating to a "buy" rating in a report on Wednesday, July 23rd. Finally, Melius Research raised their price objective on Arista Networks from $160.00 to $185.00 and gave the company a "buy" rating in a report on Friday. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $157.88.
Get Our Latest Stock Analysis on ANET
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
About Arista Networks
(
Get Free Report)
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.
Further Reading
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