SeaTown Holdings Pte. Ltd. Makes New $13.40 Million Investment in Arista Networks, Inc. $ANET

Key Points

• SeaTown Holdings Pte. Ltd. has made a significant investment of approximately $13.40 million in Arista Networks, acquiring 131,000 shares, which now constitutes about 7.9% of its portfolio.
• Arista Networks recently reported impressive Q2 earnings, with a net margin of 40.90% and revenue growth of 30.4% year-over-year, surpassing analyst expectations.
• Analysts have shown strong confidence in Arista Networks, with multiple upgrades and a consensus rating of "Moderate Buy", along with an average target price of $162.00.

SeaTown Holdings Pte. Ltd. purchased a new stake in Arista Networks, Inc. (NYSE:ANET - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 131,000 shares of the technology company's stock, valued at approximately $13,403,000. Arista Networks makes up about 7.9% of SeaTown Holdings Pte. Ltd.'s portfolio, making the stock its 3rd biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ANET. Seamount Financial Group Inc. acquired a new stake in Arista Networks during the 2nd quarter worth about $372,000. SteelPeak Wealth LLC lifted its position in Arista Networks by 23.8% in the 2nd quarter. SteelPeak Wealth LLC now owns 40,404 shares of the technology company's stock worth $4,134,000 after buying an additional 7,779 shares in the last quarter. Elm3 Financial Group LLC acquired a new stake in shares of Arista Networks during the 2nd quarter valued at $363,000. Confluence Wealth Services Inc. purchased a new position in shares of Arista Networks during the 2nd quarter valued at $226,000. Finally, Petros Family Wealth LLC increased its stake in shares of Arista Networks by 64.6% in the second quarter. Petros Family Wealth LLC now owns 7,339 shares of the technology company's stock worth $751,000 after acquiring an additional 2,879 shares during the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Trading Up 2.8%

Shares of ANET stock opened at $149.61 on Tuesday. The firm has a market capitalization of $188.04 billion, a P/E ratio of 58.84, a price-to-earnings-growth ratio of 3.03 and a beta of 1.47. Arista Networks, Inc. has a 1 year low of $59.43 and a 1 year high of $156.32. The firm's fifty day simple moving average is $138.18 and its 200 day simple moving average is $107.14.

Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings data 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 net margin of 40.90% and a return on equity of 31.05%. The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the business earned $0.53 earnings per share. The firm'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. Equities research analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ANET shares. William Blair reissued an "outperform" rating on shares of Arista Networks in a research report on Friday, September 12th. 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, September 12th. BNP Paribas Exane raised shares of Arista Networks from a "neutral" rating to an "outperform" rating and set a $172.00 price objective on the stock in a research report on Thursday, September 25th. Rosenblatt Securities boosted their target price on shares of Arista Networks from $125.00 to $140.00 and gave the stock a "neutral" rating in a research report on Friday, September 12th. Finally, Erste Group Bank raised shares of Arista Networks from a "hold" rating to a "buy" rating in a research note on Wednesday, July 23rd. Nineteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $162.00.

Insider Activity

In related news, CEO Jayshree Ullal sold 1,785,165 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $136.22, for a total value of $243,175,176.30. Following the sale, the chief executive officer owned 5,698,074 shares of the company's stock, 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 Securities & Exchange Commission, which is available through this hyperlink. 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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