Arista Networks Inc (NYSE:ANET) price target lowered to $255.00 by JPMorgan Chase & Co.

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Analyst Ratings For Arista Networks Inc (NYSE:ANET)

Today, JPMorgan Chase & Co. lowered its price target on Arista Networks Inc (NYSE:ANET) to $255.00 per share.

There are 16 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 Buy with a consensus target price of $285.2692 per share, a potential 26.34% upside.

Some recent analyst ratings include

  • 10/4/2018-Arista Networks Inc (NYSE:ANET) gets downgraded to Buy by Goldman Sachs Group
  • 9/26/2018-Arista Networks Inc (NYSE:ANET) has coverage initiated with a Neutral rating and $290.00 price target
  • 9/17/2018-Arista Networks Inc (NYSE:ANET) had its Outperform rating reiterated by William Blair
  • 9/10/2018-Arista Networks Inc (NYSE:ANET) had its Sell rating reiterated by Deutsche Bank with a $180.00 price target

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 54.71%.

  • On 10/1/2018 Marc Taxay, SVP, sold 2,000 with an average share price of $263.31 per share and the total transaction amounting to $526,620.00.
  • On 9/20/2018 John F Mccool, Insider, sold 83 with an average share price of $272.64 per share and the total transaction amounting to $22,629.12.
  • On 9/10/2018 Kenneth Duda, SVP, sold 11,000 with an average share price of $267.49 per share and the total transaction amounting to $2,942,390.00.
  • 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.

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 225.79 −12.86 5.39% with shares trading hands.