DSM Capital Partners LLC Has $513.12 Million Holdings in Arista Networks, Inc. $ANET

Key Points

• DSM Capital Partners LLC has decreased its stake in Arista Networks, Inc. by 11.1%, now holding about $513.12 million worth of stock, making it the firm's 5th largest investment.
• Arista Networks reported earnings of $0.73 per share for the last quarter, exceeding estimates, with a revenue increase of 30.4% year-over-year to $2.20 billion.
• Despite the recent dip in stock price, analysts maintain a consensus rating of "Moderate Buy" with a target price of $163.94, highlighting a generally positive outlook from Wall Street.

DSM Capital Partners LLC decreased its stake in Arista Networks, Inc. (NYSE:ANET - Free Report) by 11.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,015,294 shares of the technology company's stock after selling 623,872 shares during the period. Arista Networks comprises about 7.6% of DSM Capital Partners LLC's holdings, making the stock its 5th largest holding. DSM Capital Partners LLC owned about 0.40% of Arista Networks worth $513,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in ANET. Brighton Jones LLC raised its stake in shares of Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company's stock valued at $863,000 after acquiring an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Arista Networks during the fourth quarter valued at $202,000. Bison Wealth LLC bought a new position in shares of Arista Networks during the fourth quarter valued at $251,000. Farther Finance Advisors LLC raised its stake in shares of Arista Networks by 37.3% during the first quarter. Farther Finance Advisors LLC now owns 12,708 shares of the technology company's stock valued at $997,000 after acquiring an additional 3,455 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new position in shares of Arista Networks during the first quarter valued at $460,000. Institutional investors own 82.47% of the company's stock.

Arista Networks Trading Down 2.4%

ANET opened at $154.51 on Friday. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $162.68. The company has a market cap of $194.19 billion, a P/E ratio of 60.77, a price-to-earnings-growth ratio of 3.30 and a beta of 1.47. The company has a fifty 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 posted its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.08. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period in the previous year, the firm posted $0.53 earnings per share. The business's revenue was up 30.4% compared to the same quarter last year. Arista Networks has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Rosenblatt Securities raised their price target on shares of Arista Networks from $125.00 to $140.00 and gave the company a "neutral" rating in a research note on Friday, September 12th. Piper Sandler raised their price target on shares of Arista Networks from $89.00 to $143.00 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. William Blair reaffirmed an "outperform" rating on shares of Arista Networks in a research note on Friday, September 12th. The Goldman Sachs Group raised their price target on shares of Arista Networks from $155.00 to $175.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Arista Networks in a research report on Saturday, September 27th. Nineteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.94.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $147.49, for a total value of $1,179,920.00. Following the completion of the sale, the director directly owned 41,784 shares of the company's stock, valued at approximately $6,162,722.16. The trade was a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kenneth Duda sold 30,000 shares of the business's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $141.79, for a total transaction of $4,253,700.00. Following the sale, the insider directly owned 12,976 shares of the company's stock, valued at approximately $1,839,867.04. The trade was a 69.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,678,904 shares of company stock valued at $894,021,161. Corporate insiders own 3.39% of the company's stock.

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.

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