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HHM Wealth Advisors significantly increased its stake in Arista Networks, which beat Q4 earnings estimates.
HHM Wealth Advisors significantly boosted its stake in Arista Networks by 310.6%, owning 1,396 shares valued at $154,000.
Other investors, including LCM Capital Management and Robbins Farley, also increased their holdings.
Arista Networks reported better-than-expected Q4 earnings of $0.60 per share, with revenue of $1.81 billion, surpassing analysts' estimates.
Institutional investors own 82.47% of the company's stock.
Analysts have set an average "Moderate Buy" rating with a consensus price target of $105.83.
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HHM Wealth Advisors aumentó significativamente su participación en Arista Networks, lo que superó las estimaciones de ganancias del Q4.