Bensler LLC Makes New Investment in Arista Networks, Inc. $ANET

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Bensler LLC initiated a new position in Arista Networks (NYSE:ANET) during the fourth quarter, acquiring 48,460 shares valued at approximately $6.35 million. This adds to the significant institutional ownership in ANET, with major investors like Vanguard, State Street, and Invesco also increasing their stakes, resulting in 82.47% of the stock held by hedge funds and other institutions. Arista Networks reported better-than-expected Q1 earnings with an EPS of $0.87 and revenue of $2.71 billion, while analysts largely maintain a “Buy” rating with an average target price of $182.83.

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