<div id="readability-page-1"><p>Stonegate Investment Group LLC grew its stake in shares of  Arista Networks, Inc. (NYSE:ANET - Free Report) by 280.2% during the 3rd quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 9,778 shares of the technology company's stock after purchasing an additional 7,206 shares during the quarter. Stonegate Investment Group LLC's holdings in Arista Networks were worth $1,425,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Arista Networks</strong> alerts:</span></p></div><ul><li>Can ‘Year of Refresh’ Thesis Reignite Arista’s AI Growth Story?</li></ul><p>Several other institutional investors also recently modified their holdings of the company. Bare Financial Services Inc grew its stake in  Arista Networks by 2,118.2% in the 2nd quarter. Bare Financial Services Inc now owns 244 shares of the technology company's stock valued at $25,000 after buying an additional 233 shares during the last quarter.  AdvisorNet Financial Inc boosted its holdings in shares of  Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company's stock worth $29,000 after acquiring an additional 72 shares during the period.  Richardson Financial Services Inc. grew its position in shares of  Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company's stock valued at $32,000 after purchasing an additional 130 shares during the last quarter.  REAP Financial Group LLC lifted its holdings in  Arista Networks by 108.0% during the 2nd quarter. REAP Financial Group LLC now owns 337 shares of the technology company's stock worth $34,000 after purchasing an additional 175 shares during the last quarter.  Finally, SJS Investment Consulting Inc. grew its holdings in  Arista Networks by 979.2% in the 3rd quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company's stock valued at $38,000 after buying an additional 235 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Insider Buying and Selling</h2><p>In other news, insider Kenneth Duda sold 30,000 shares of the business's stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $128.61, for a total value of $3,858,300.00. Following the transaction, the insider directly owned 12,976 shares of the company's stock, valued at $1,668,843.36. The trade was a 69.81% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $133.79, for a total value of $1,070,320.00. Following the sale, the director directly owned 17,784 shares of the company's stock, valued at $2,379,321.36. This represents a 31.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 216,464 shares of company stock valued at $27,687,068 over the last quarter. Insiders own  3.54% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Stocks With Analyst Revisions That Could Drive Earnings Surprises</li></ul><p>Several research firms recently commented on ANET. Rosenblatt Securities  restated a &#34;neutral&#34; rating and issued a $140.00 price target on shares of Arista Networks in a research note on Monday, November 24th. Erste Group Bank cut Arista Networks from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, November 10th. UBS Group  reissued a &#34;buy&#34; rating and issued a $155.00 target price on shares of Arista Networks in a report on Wednesday, December 3rd. Barclays  reissued an &#34;overweight&#34; rating and set a $183.00 price target (up previously from $179.00) on shares of Arista Networks in a report on Wednesday, November 5th. Finally, Weiss Ratings  reiterated a &#34;hold (c+)&#34; rating on shares of Arista Networks in a research report on Monday, December 29th. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned  a Hold rating to the company. Based on data from MarketBeat, Arista Networks presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $164.44.</p><p><b>Check Out Our Latest Stock Analysis on ANET</b></p><h2>Arista Networks Stock Performance</h2><ul><li>3 AI and Cloud Stocks With Analyst Conviction and Long Runways</li></ul><p>Shares of NYSE:ANET opened at $146.84 on Wednesday. The firm has a market cap of $184.91 billion, a PE ratio of 55.83, a price-to-earnings-growth ratio of 2.42 and a beta of 1.41. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94. The firm's fifty day moving average is $129.42 and its 200-day moving average is $134.65. </p><p>Arista Networks (NYSE:ANET - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.03. The company had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.26 billion. Arista Networks had a return on equity of 30.28% and a net margin of 39.73%.The business's quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.40 earnings per share.  Sell-side analysts forecast that  Arista Networks, Inc. will post 2.2 EPS for the current year. </p><h2>Arista Networks Company Profile</h2> (Free Report)<p>Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista's offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.  </p><p>Central to Arista's product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company's hardware platforms.</p><h2>Read More</h2><ul><li>Five stocks we like better than Arista Networks</li><li>America's Next Power Move Starts Underground</li><li>Your Signature Is Missing – Act Before It’s Too Late</li><li>URGENT: Trump Just Triggered AI’s Biggest Disruption Yet</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>BSEM: A $25.50 Price Target, and Nasdaq on the Horizon!</li></ul><p><strong>Want to see what other hedge funds are holding ANET?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arista Networks, Inc. (NYSE:ANET - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFORVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFORVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Arista Networks Right Now?</h2><p>Before you consider Arista Networks, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arista Networks wasn't on the list.</p><p>While Arista Networks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Stonegate Investment Group LLC increased its stake in Arista Networks, Inc. (NYSE:ANET) by 280.2% in Q3, now holding 9,778 shares valued at $1.43 million. Other institutional investors also raised their stakes significantly. Insider Kenneth Duda sold 30,000 shares, while Director Charles H. Giancarlo sold 8,000 shares. Analysts have mixed ratings on ANET, with a consensus rating of "Moderate Buy" and an average target price of $164.44. Arista's stock opened at $146.84, with a market cap of $184.91 billion.</p>

Stonegate Investment Group LLC Has $1.43 Million Stake in Arista Networks, Inc. $ANET