Arista Networks (NYSE:ANET) Shares Down 1.7% - Here's Why

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Arista Networks (NYSE:ANET) shares dropped 1.7% on Tuesday to about $133.02, with trading volume significantly below average. Despite recent insider selling totaling $25.9 million over 90 days, Wall Street maintains a “Moderate Buy” consensus rating with an average price target of $176.47. The company recently exceeded Q4 earnings and revenue estimates, reporting $0.82 EPS and $2.49 billion in revenue.

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