Arista Networks (NYSE:ANET) Stock Unloaded Rep. Val T. Hoyle

Key Points

• Representative Val T. Hoyle sold shares of Arista Networks stock valued between $1,001 and $15,000 on September 23rd, according to a filing made on October 10th.
• Arista Networks reported a 40.90% net margin and a 30.4% year-over-year revenue growth with a quarterly revenue of $2.20 billion exceeding analysts' expectations.
• Wall Street analysts hold a consensus rating of "Moderate Buy" for Arista Networks, with an average price target of $163.94 following upgrades from several firms.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Arista Networks, Inc. NYSE: ANET. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Arista Networks stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Arista Networks Stock Performance

ANET stock opened at $154.51 on Friday. The stock has a market capitalization of $194.19 billion, a P/E ratio of 60.77, a PEG ratio of 3.30 and a beta of 1.47. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $162.68. The company has a 50 day moving average price of $140.85 and a two-hundred day moving average price of $108.70.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results on Tuesday, August 5th. The technology company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.65 by $0.08. The firm had revenue of $2.20 billion during the quarter, compared to analysts' expectations of $2.11 billion. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. 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 earned $0.53 EPS. Arista Networks has set its Q3 2025 guidance at EPS. Research analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. William Blair reaffirmed an "outperform" rating on shares of Arista Networks in a research note on Friday, September 12th. Citigroup lifted their price target on shares of Arista Networks from $136.00 to $176.00 and gave the company a "buy" rating in a report on Friday, September 12th. Morgan Stanley set a $171.00 price target on shares of Arista Networks and gave the company an "overweight" rating in a report on Friday. Erste Group Bank upgraded shares of Arista Networks from a "hold" rating to a "buy" rating in a report on Wednesday, July 23rd. Finally, KeyCorp lifted their price target on shares of Arista Networks from $115.00 to $145.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Nineteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Arista Networks has a consensus rating of "Moderate Buy" and an average price target of $163.94.

Hedge Funds Weigh In On Arista Networks

Several hedge funds and other institutional investors have recently made changes to their positions in ANET. Marion Wealth Management acquired a new position in Arista Networks in the 3rd quarter worth $202,000. CHICAGO TRUST Co NA lifted its holdings in Arista Networks by 108.1% in the 3rd quarter. CHICAGO TRUST Co NA now owns 9,401 shares of the technology company's stock worth $1,370,000 after buying an additional 4,884 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Arista Networks in the 3rd quarter worth $163,000. Thomasville National Bank acquired a new position in Arista Networks in the 3rd quarter worth $203,000. Finally, Trust Point Inc. acquired a new position in Arista Networks in the 3rd quarter worth $1,005,000. Institutional investors and hedge funds own 82.47% of the company's stock.

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 1,785,165 shares of the business's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $136.22, for a total value of $243,175,176.30. Following the transaction, the chief executive officer owned 5,698,074 shares in the company, valued at $776,191,640.28. The trade was a 23.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 6,678,904 shares of company stock valued at $894,021,161. Insiders own 3.39% of the company's stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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.

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