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Arista Networks saw increased investment despite share sales, posting earnings above estimates.
Connor Clark & Lunn Investment Management increased its stake in Arista Networks by 23.5% to $58.28 million, while Bristlecone Advisors sold some shares.
Arista Networks beat revenue and earnings estimates, with analysts raising price targets and giving positive ratings.
The company's stock has seen significant institutional investment, with a market cap of $174.89 billion and a P/E ratio of 54.73.
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Arista Networks registró un aumento de la inversión a pesar de las ventas de acciones, con ganancias superiores a las estimaciones.