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Newbridge Financial Services Group Inc. Sells 25,067 Shares of Arista Networks, Inc. $ANET
Newbridge Financial Services Group Inc. has reduced its stake in Arista Networks (NYSE:ANET) by selling 25,067 shares, decreasing their holdings by 74.8% in Q3. Despite this, other institutional investors have increased their positions in Arista Networks, and company insiders have also sold a significant number of shares recently. The article also highlights positive sentiment surrounding Arista Networks due to new product launches, strong revenue guidance, and constructive analyst coverage, although near-term volatility and supply constraints are noted.