In Tuesday’s Wall Street session, Arista Networks Inc (NYSE:ANET) shares traded at $80.73, up 3.09% from the previous session.
ANET stock price is now -1.15% away from the 50-day moving average and -14.92% away from the 200-day moving average. The market capitalization of the company currently stands at $101.37B.
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With the price target maintained at $85, Rosenblatt recently Upgraded its rating from Sell to Neutral for Arista Networks Inc (NYSE: ANET). On April 15, 2025, Evercore ISI reiterated its ‘Outperform’ rating on the stock by increasing its target price from $130 to quote $100, while ‘UBS’ rates the stock as ‘Buy’
In other news, Battles Kelly Bodnar, Director sold 1,492 shares of the company’s stock on Apr 22 ’25. The stock was sold for $102,180 at an average price of $68.49. Upon completion of the transaction, the Director now directly owns 7,480 shares in the company, valued at $0.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 07 ’25, CTO and SVP Software Eng. Duda Kenneth sold 30 shares of the business’s stock. A total of $2,112 was realized by selling the stock at an average price of $70.40. This leaves the insider owning 618,400 shares of the company worth $49.92 million. A total of 17.91% of the company’s stock is owned by insiders.
During the past 12 months, Arista Networks Inc has had a low of $59.43 and a high of $133.57. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 4.36, and a quick ratio of 3.69. According to the stock market information, the enterprise value for the company is $93566599168, which is based on a 36.27 price-to-earnings ratio, a 2.28 price-to-earnings-growth ratio, and a beta of 1.39. The fifty day moving average price for ANET is $81.6692 and a two-hundred day moving average price translates $94.88185 for the stock.
The latest earnings results from Arista Networks Inc (NYSE: ANET) was released for 2024-12-31. The net profit margin was 40.73% and return on equity was 33.14% for ANET. The company reported revenue of $1.93 billion for the quarter, compared to $1.54 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.32 percent.
