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Institutional investors boost holdings in Arista Networks after strong earnings beat.
Institutional investors have been actively trading Arista Networks, Inc. (ANET) shares, with several firms increasing their holdings.
Arista Networks recently reported strong quarterly earnings of $0.60 per share, surpassing analyst expectations of $0.52.
The company's revenue also grew by 20% year-over-year to $1.81 billion.
Despite positive financials, analysts' ratings on ANET stock vary, with a consensus target price of $105.83 and an average "Moderate Buy" rating.
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Los inversores institucionales aumentan sus participaciones en Arista Networks después de una fuerte mejora de las ganancias.