The stock of Arista Networks Inc (NYSE:ANET) last traded at $86.37, down -6.92% from the previous session.
ANET stock price is now 4.65% away from the 50-day moving average and -9.80% away from the 200-day moving average. The market capitalization of the company currently stands at $108.47B.
With the price target of $112, Redburn Atlantic recently initiated with Buy rating for Arista Networks Inc (NYSE: ANET). On April 29, 2025, Rosenblatt Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock keeping its target price maintained at $85, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, Wassenaar Yvonne, Director sold 168 shares of the company’s stock on May 21 ’25. The stock was sold for $15,826 at an average price of $94.20. Upon completion of the transaction, the Director now directly owns 12,476 shares in the company, valued at $1.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 23 ’25, Officer 1999 MCCOOL FAMILY TRUST bought 1,335 shares of the business’s stock. A total of $123,568 was incurred on buying the stock at an average price of $92.56. 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 0.00, a current ratio of 3.93, and a quick ratio of 3.31.
The net profit margin was 40.72% and return on equity was 33.68% for ANET. The company reported revenue of $2.0 billion for the quarter, compared to $1.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.58 percent. For the current quarter, analysts expect ANET to generate $2.11B in revenue.
