Arista Networks Inc’s filing revealed that its Director Giancarlo Charles H unloaded Company’s shares for reported $0.62 million on Apr 01 ’25. In the deal valued at $77.55 per share,8,000 shares were sold. As a result of this transaction, Giancarlo Charles H now holds 139,784 shares worth roughly $9.71 million.
Then, Duda Kenneth sold 80,000 shares, generating $6,788,036 in total proceeds. Upon selling the shares at $84.85, the CTO and SVP Software Eng. now owns 12,976 shares.
Before that, Duda Kenneth sold 80,000 shares. Arista Networks Inc shares valued at $6,788,034 were divested by the CTO and SVP Software Eng. at a price of $84.85 per share. As a result of the transaction, Duda Kenneth now holds 634,400 shares, worth roughly $44.09 million.
UBS upgraded its Arista Networks Inc [ANET] rating to a Buy from a a Neutral in a research note published on March 05, 2025; the price target was increased to $115 from $112. A number of analysts have revised their coverage, including Citigroup’s analysts, who remained covering the stock and in late June has reiterated a ‘”a Buy”‘ rating for it. Jefferies also remained covering ANET and has increased its forecast on May 03, 2024 with a “Buy” recommendation from previously “Hold” rating. Rosenblatt revised its rating on April 12, 2024. It rated ANET as “a Sell” which previously was an “a Buy”.
Price Performance Review of ANET
On Tuesday, Arista Networks Inc [NYSE:ANET] saw its stock jump 1.95% to $69.50. Over the last five days, the stock has lost -11.45%. Arista Networks Inc shares have fallen nearly -37.12% since the year began. Nevertheless, the stocks have fallen -6.59% over the past one year. While a 52-week high of $133.57 was reached on 01/24/25, a 52-week low of $59.43 was recorded on 04/07/25. SMA at 50 days reached $92.66, while 200 days put it at $95.90.
Levels Of Support And Resistance For ANET Stock
The 24-hour chart illustrates a support level at 66.70, which if violated will result in even more drops to 63.91. On the upside, there is a resistance level at 73.38. A further resistance level may holdings at 77.26. The Relative Strength Index (RSI) on the 14-day chart is 33.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.20%. Stochastics %K at 24.17% indicates the stock is a holding.
How much short interest is there in Arista Networks Inc?
A steep rise in short interest was recorded in Arista Networks Inc stocks on 2025-03-14, growing by 8.87 million shares to a total of 19.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 10.98 million shares. There was a rise of 44.69%, which implies that there is a positive sentiment for the stock.
