Arista Networks (NYSE:ANET) saw its shares rise 1.4% after Rosenblatt Securities and Piper Sandler upgraded the stock and increased their price targets. Despite significant insider selling totaling over $27 million in the last 90 days, institutional investors hold a large majority of the company’s stock at 82.47%. The company designs and sells cloud networking solutions, emphasizing programmability and automation for large-scale data centers.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Arista Networks (NYSE:ANET) Shares Up 1.4% on Analyst Upgrade
Arista Networks (NYSE:ANET) saw its shares rise 1.4% after Rosenblatt Securities and Piper Sandler upgraded the stock and increased their price targets. Despite significant insider selling totaling over $27 million in the last 90 days, institutional investors hold a large majority of the company’s stock at 82.47%. The company designs and sells cloud networking solutions, emphasizing programmability and automation for large-scale data centers.