Catalyst Financial Partners LLC Has $396,000 Stock Holdings in Arista Networks, Inc. (NYSE:ANET)

Catalyst Financial Partners LLC boosted its position in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 331.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,579 shares of the technology company's stock after buying an additional 2,750 shares during the quarter. Catalyst Financial Partners LLC's holdings in Arista Networks were worth $396,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ANET. Caitlin John LLC boosted its holdings in Arista Networks by 174.7% during the fourth quarter. Caitlin John LLC now owns 239 shares of the technology company's stock worth $26,000 after buying an additional 152 shares in the last quarter. Cranbrook Wealth Management LLC boosted its stake in shares of Arista Networks by 300.0% during the 4th quarter. Cranbrook Wealth Management LLC now owns 264 shares of the technology company's stock worth $29,000 after acquiring an additional 198 shares in the last quarter. Trust Co. of Vermont boosted its stake in shares of Arista Networks by 300.0% during the 4th quarter. Trust Co. of Vermont now owns 264 shares of the technology company's stock worth $29,000 after acquiring an additional 198 shares in the last quarter. New Millennium Group LLC boosted its stake in shares of Arista Networks by 300.0% during the 4th quarter. New Millennium Group LLC now owns 260 shares of the technology company's stock worth $29,000 after acquiring an additional 195 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its position in shares of Arista Networks by 1,012.0% in the 4th quarter. Westside Investment Management Inc. now owns 278 shares of the technology company's stock valued at $31,000 after purchasing an additional 253 shares during the period. Institutional investors own 82.47% of the company's stock.

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Analyst Ratings Changes

A number of equities analysts recently weighed in on ANET shares. The Goldman Sachs Group increased their price target on Arista Networks from $120.00 to $135.00 and gave the company a "buy" rating in a research report on Friday, January 17th. Morgan Stanley raised their price objective on shares of Arista Networks from $102.50 to $118.00 and gave the stock an "overweight" rating in a research note on Tuesday, December 17th. UBS Group raised their price objective on shares of Arista Networks from $92.25 to $106.25 and gave the stock a "neutral" rating in a research note on Friday, November 8th. StockNews.com cut Arista Networks from a "buy" rating to a "hold" rating in a research report on Thursday, December 12th. Finally, Rosenblatt Securities reaffirmed a "sell" rating and issued a $80.00 target price on shares of Arista Networks in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $107.59.

Arista Networks Trading Up 3.2 %

NYSE ANET traded up $3.47 during trading on Tuesday, reaching $110.34. The company's stock had a trading volume of 8,892,638 shares, compared to its average volume of 9,028,214. The stock has a market capitalization of $139.00 billion, a PE ratio of 53.01, a PEG ratio of 3.10 and a beta of 1.09. The business has a 50-day moving average price of $113.95 and a 200-day moving average price of $101.32. Arista Networks, Inc. has a 1-year low of $60.08 and a 1-year high of $133.57.

Insiders Place Their Bets

In other Arista Networks news, Director Charles H. Giancarlo sold 2,000 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $412.65, for a total transaction of $825,300.00. Following the completion of the sale, the director now owns 42,946 shares of the company's stock, valued at $17,721,666.90. This represents a 4.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John F. Mccool sold 6,340 shares of Arista Networks stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $98.58, for a total transaction of $625,013.05. Following the completion of the transaction, the insider now directly owns 288 shares in the company, valued at approximately $28,391.76. This represents a 95.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 335,832 shares of company stock valued at $37,787,297 over the last three months. 3.54% of the stock is currently owned by insiders.

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.