Arista Networks Inc’s filing revealed that its Director Wassenaar Yvonne unloaded Company’s shares for reported $17233.0 on Feb 21 ’25. In the deal valued at $102.58 per share,168 shares were sold. As a result of this transaction, Wassenaar Yvonne now holds 14,104 shares worth roughly $1.31 million.
Then, 1999 MCCOOL FAMILY TRUST bought 17,433 shares, generating $1,713,664 in total proceeds.
Before that, Ullal Jayshree bought 138,351 shares. Arista Networks Inc shares valued at $12,988,489 were divested by the Officer at a price of $93.88 per share.
Citigroup reiterated its Arista Networks Inc [ANET] rating to a Buy in a research note published on June 27, 2024; the price target was $385. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early May from “a Hold” to “a Buy”. Rosenblatt also remained covering ANET and has decreased its forecast on April 12, 2024 with a “Sell” recommendation from previously “Buy” rating. Melius revised its rating on January 08, 2024. It rated ANET as “a Buy” which previously was an “a Hold”.
Price Performance Review of ANET
On Tuesday, Arista Networks Inc [NYSE:ANET] saw its stock jump 0.20% to $92.88. Over the last five days, the stock has lost -16.37%. Arista Networks Inc shares have fallen nearly -15.97% since the year began. Nevertheless, the stocks have risen 38.23% over the past one year. While a 52-week high of $133.57 was reached on 01/24/25, a 52-week low of $60.08 was recorded on 02/25/25. SMA at 50 days reached $112.57, while 200 days put it at $95.33.
Levels Of Support And Resistance For ANET Stock
The 24-hour chart illustrates a support level at 90.29, which if violated will result in even more drops to 87.69. On the upside, there is a resistance level at 94.54. A further resistance level may holdings at 96.19. The Relative Strength Index (RSI) on the 14-day chart is 32.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.85%. Stochastics %K at 5.09% indicates the stock is a buying.
The most recent change occurred on December 14, 2023 when Citigroup resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $300.
