<div id="readability-page-1"><p>Summit Investment Advisors Inc. lifted its position in  Arista Networks, Inc. (NYSE:ANET - Free Report) by 285.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 10,065 shares of the technology company's stock after acquiring an additional 7,456 shares during the quarter. Summit Investment Advisors Inc.'s holdings in Arista Networks were worth $1,112,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Arista Networks</strong> alerts:</span></p></div><ul><li>3 Stocks With Ironclad Balance Sheets for Long-Term Stability</li></ul><p>Other institutional investors have also made changes to their positions in the company. Caitlin John LLC increased its stake in  Arista Networks by 174.7% during the fourth quarter. Caitlin John LLC now owns 239 shares of the technology company's stock valued at $26,000 after purchasing an additional 152 shares during the last quarter.  Capital Advisors Ltd. LLC boosted its holdings in shares of  Arista Networks by 335.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 248 shares of the technology company's stock valued at $27,000 after buying an additional 191 shares during the period.  New Millennium Group LLC grew its position 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 valued at $29,000 after buying an additional 195 shares during the last quarter.  Cranbrook Wealth Management LLC raised its stake in  Arista Networks by 300.0% during the fourth quarter. Cranbrook Wealth Management LLC now owns 264 shares of the technology company's stock worth $29,000 after acquiring an additional 198 shares during the period.  Finally, Trust Co. of Vermont lifted its holdings in  Arista Networks by 300.0% in the fourth quarter. Trust Co. of Vermont now owns 264 shares of the technology company's stock worth $29,000 after acquiring an additional 198 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors. </p><h2>Insider Activity at Arista Networks</h2><p>In other Arista Networks news, SVP Kenneth Duda sold 80,000 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $84.85, for a total value of $6,788,000.00. Following the completion of the transaction, the senior vice president now directly owns 12,976 shares in the company, valued at $1,101,013.60. This trade represents a 86.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $77.55, for a total transaction of $620,400.00. Following the completion of the transaction, the director now directly owns 139,784 shares in the company, valued at approximately $10,840,249.20. This trade represents a 5.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 411,031 shares of company stock valued at $39,364,943 over the last ninety days. Insiders own  3.54% of the company's stock. </p><h2>Arista Networks Stock Performance</h2><ul><li>3 Beaten Down Stocks With Quality Fundamentals and Outlook</li></ul><p>ANET opened at $71.11 on Friday. The company has a market capitalization of $89.67 billion, a PE ratio of 32.03, a P/E/G ratio of 3.10 and a beta of 1.30. The stock's fifty day moving average is $85.15 and its 200-day moving average is $99.44. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $133.58. </p><p>Arista Networks (NYSE:ANET - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The technology company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.57 by $0.02. Arista Networks had a net margin of 40.72% and a return on equity of 29.91%. The firm had revenue of $1.93 billion for the quarter, compared to analysts' expectations of $1.90 billion.  On average, equities research analysts forecast that  Arista Networks, Inc. will post 2.2 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><ul><li>3 Unsung Beneficiaries of the Stargate Project</li></ul><p>ANET has been the topic of a number of research reports. Needham &amp; Company LLC  reiterated a &#34;buy&#34; rating and set a $145.00 price target on shares of Arista Networks in a research report on Wednesday, February 19th. Citigroup cut their target price on Arista Networks from $121.00 to $92.00 and set a &#34;buy&#34; rating on the stock in a research note on Monday. Barclays  restated an &#34;overweight&#34; rating on shares of Arista Networks in a research report on Monday, March 3rd. Piper Sandler cut their price objective on shares of Arista Networks from $108.00 to $76.00 and set a &#34;neutral&#34; rating on the stock in a research report on Tuesday, April 8th. Finally, The Goldman Sachs Group  restated a &#34;buy&#34; rating on shares of Arista Networks in a research report on Monday, March 3rd. One analyst  has rated the stock with a sell rating, three have assigned  a hold rating and twelve have issued  a buy rating to the stock. According to MarketBeat.com, Arista Networks presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $106.07.</p><p><b>Read Our Latest Research Report on ANET</b></p><h2>Arista Networks Profile</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Arista Networks</li><li>The Basics of Support and  Resistance</li><li>Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally</li><li>The Risks of Owning Bonds</li><li>Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S. Dollar</li><li>Investing in Commodities: What Are They? How to Invest in Them</li><li>Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk</li></ul><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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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>

ANET

<p>Summit Investment Advisors Inc. increased its stake in Arista Networks, Inc. (NYSE:ANET) by 285.8% in Q4, owning 10,065 shares valued at $1.11 million. Other investors also raised their positions significantly. Insider sales included SVP Kenneth Duda selling 80,000 shares and Director Charles H. Giancarlo selling 8,000 shares. Arista Networks has a market cap of $89.67 billion, with a PE ratio of 32.03. The stock opened at $71.11, with a one-year range of $59.43 to $133.58. Analysts maintain a positive outlook with various price targets.</p>

Arista Networks, Inc. (NYSE:ANET) Stock Holdings Increased by Summit Investment Advisors Inc.