GW Henssler & Associates Ltd. Has $29.55 Million Stock Holdings in Arista Networks, Inc. $ANET

Key Points

• GW Henssler & Associates Ltd. increased its holdings in Arista Networks, owning 288,780 shares valued at approximately $29.55 million, making it the firm's 15th largest investment.
• Several institutional investors, including CWM LLC and Vanguard Personalized Indexing Management, significantly boosted their positions in Arista Networks during the second quarter, increasing overall institutional ownership to 82.47%.
• Major analysts have raised their price targets for Arista Networks, with Goldman Sachs and Barclays setting targets at $175.00 and $179.00 respectively, leading to a consensus rating of "Moderate Buy".

GW Henssler & Associates Ltd. increased its position in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 7.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 288,780 shares of the technology company's stock after acquiring an additional 21,073 shares during the period. Arista Networks comprises 1.6% of GW Henssler & Associates Ltd.'s holdings, making the stock its 15th largest holding. GW Henssler & Associates Ltd.'s holdings in Arista Networks were worth $29,545,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. CWM LLC boosted its position in shares of Arista Networks by 24.4% during the 2nd quarter. CWM LLC now owns 164,103 shares of the technology company's stock worth $16,789,000 after acquiring an additional 32,183 shares in the last quarter. OFI Invest Asset Management boosted its position in shares of Arista Networks by 6.4% during the 2nd quarter. OFI Invest Asset Management now owns 493,016 shares of the technology company's stock worth $50,440,000 after acquiring an additional 29,556 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of Arista Networks by 21.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 154,089 shares of the technology company's stock worth $15,765,000 after acquiring an additional 27,530 shares in the last quarter. Sather Financial Group Inc boosted its position in Arista Networks by 2.0% in the second quarter. Sather Financial Group Inc now owns 975,509 shares of the technology company's stock valued at $99,804,000 after buying an additional 18,907 shares in the last quarter. Finally, Sovereign Financial Group Inc. bought a new stake in shares of Arista Networks during the second quarter worth $463,000. Institutional investors and hedge funds own 82.47% of the company's stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. BNP Paribas raised shares of Arista Networks from a "hold" rating to an "outperform" rating in a research note on Thursday, September 25th. The Goldman Sachs Group boosted their target price on shares of Arista Networks from $155.00 to $175.00 and gave the stock a "buy" rating in a research note on Friday, September 12th. Barclays boosted their target price on shares of Arista Networks from $151.00 to $179.00 and gave the stock an "overweight" rating in a research note on Friday, September 12th. Wells Fargo & Company boosted their target price on shares of Arista Networks from $150.00 to $175.00 and gave the stock an "overweight" rating in a research note on Friday, September 12th. Finally, UBS Group boosted their target price on shares of Arista Networks from $115.00 to $155.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Nineteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $163.94.

Arista Networks Stock Down 2.4%

Shares of Arista Networks stock opened at $154.51 on Friday. Arista Networks, Inc. has a twelve month low of $59.43 and a twelve month high of $162.68. The stock has a market cap of $194.19 billion, a price-to-earnings ratio of 60.77, a P/E/G ratio of 3.21 and a beta of 1.47. The company's fifty day moving average is $140.85 and its 200 day moving average is $108.89.

Arista Networks (NYSE:ANET - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, topping 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 company had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.11 billion. During the same quarter in the previous year, the firm posted $0.53 earnings per share. Arista Networks's revenue for the quarter was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles H. Giancarlo sold 8,000 shares of the business's 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 sale, the director owned 41,784 shares of the company's stock, valued at $6,162,722.16. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kenneth Duda sold 30,000 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $141.79, for a total transaction of $4,253,700.00. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at approximately $1,839,867.04. The trade was a 69.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,678,904 shares of company stock valued at $894,021,161 over the last 90 days. 3.39% of the stock is owned by insiders.

Arista Networks 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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