Arista Networks Inc (NYSE:ANET) gets downgraded to Equal Weight by Morgan Stanley

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Analyst Ratings For Arista Networks Inc (NYSE:ANET)

Today, Arista Networks Inc (NYSE:ANET) stock was downgraded by Morgan Stanley from Overweight to Equal Weight.

There are 15 Buy Ratings, 13 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Arista Networks Inc (NYSE:ANET) is Hold with a consensus target price of $277.9231 per share, a potential 7.04% downside.

Some recent analyst ratings include

  • 9/4/2018-Arista Networks Inc (NYSE:ANET) gets downgraded to Equal Weight by Morgan Stanley
  • 8/3/2018-Arista Networks Inc (NYSE:ANET) had its Buy rating reiterated by KeyCorp with a $310.00 price target
  • 7/9/2018-Arista Networks Inc (NYSE:ANET) gets upgraded to Overweight by Piper Jaffray Companies with a price target of $315.00

Recent Insider Trading Activity For Arista Networks Inc (NYSE:ANET)
Arista Networks Inc (NYSE:ANET) has insider ownership of 24.95% and institutional ownership of 54.72%.

  • On 8/27/2018 Andreas Bechtolsheim, Insider, sold 31,917 with an average share price of $303.00 per share and the total transaction amounting to $9,670,851.00.
  • On 8/27/2018 Jayshree Ullal, CEO, sold 64,750 with an average share price of $305.94 per share and the total transaction amounting to $19,809,615.00.
  • On 8/24/2018 Ita M Brennan, CFO, sold 5,000 with an average share price of $300.30 per share and the total transaction amounting to $1,501,500.00.
  • On 8/24/2018 Jayshree Ullal, Insider, sold 76,659 with an average share price of $306.41 per share and the total transaction amounting to $23,489,084.19.
  • On 8/21/2018 John F Mccool, Insider, sold 1,218 with an average share price of $275.28 per share and the total transaction amounting to $335,291.04.
  • On 8/21/2018 Nikos Theodosopoulos, Director, sold 110 with an average share price of $273.27 per share and the total transaction amounting to $30,059.70.
  • On 8/10/2018 Kenneth Duda, SVP, sold 11,000 with an average share price of $268.73 per share and the total transaction amounting to $2,956,030.00.

About Arista Networks Inc (NYSE:ANET)
Arista Networks, Inc. provides cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of its extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising Internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, value-added resellers, system integrators, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

Recent Trading Activity for Arista Networks Inc (NYSE:ANET)
Shares of Arista Networks Inc closed the previous trading session at 298.98 up +1.11 0.37% with 296 shares trading hands.