Arista Networks Inc (NYSE:ANET) Sellers Strengthened Their Shorts By 26.59% As Of May 16, 2018

May 16, 2018 - By Kristin Houston

Arista Networks, Inc. (NYSE:ANET) Corporate Logo

It was showed an increase on Arista Networks Inc (NYSE:ANET)’s short interest with 26.59%. In May was issued ANET’s total 2.85M short interest by FINRA. The up change of 26.59% from 2.25 million shares was reported. With Average volume 918,800, ANET’s previous position will take 3 days to restore. Arista Networks Inc float short is 5.86%.

The stock increased 0.16% or $0.4 during the last trading session, reaching $249.95.Currently Arista Networks, Inc. is uptrending after 91.94% change in last May 16, 2017. ANET has 307,539 shares volume. ANET outperformed the S&P 500 by 80.39%.

Arista Networks, Inc. supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.The company has $18.59 billion market cap. The companyÂ’s cloud networking solutions consist of its Extensible Operating System and a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products.46.73 is the P/E ratio. 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.

Arista Networks, Inc. (NYSE:ANET) Ratings Coverage

Total analysts of 21 have positions in Arista Networks (NYSE:ANET) as follows: 10 rated it a “Buy”, 1 with “Sell” and 10 with “Hold”. The positive are 48%. Since December 14, 2017 according to StockzIntelligence Inc Arista Networks has 32 analyst reports. The company rating was maintained by Citigroup on Friday, May 4. On Thursday, December 21 the firm has “Buy” rating by Morgan Stanley given. On Tuesday, January 23 the company was downgraded by Deutsche Bank. The stock rating was downgraded by Gabelli to “Hold” on Friday, February 16. On Tuesday, February 6 the firm earned “Buy” rating by Goldman Sachs. On Thursday, January 18 the stock has “Buy” rating by KeyBanc Capital Markets. In Wednesday, February 21 report BMO Capital Markets maintained it with “Hold” rating and $270.0 target. In Friday, February 16 report Piper Jaffray maintained the stock with “Hold” rating. On Monday, March 19 the company was downgraded by Deutsche Bank. On Friday, April 13 the company was downgraded by Cleveland.

For more Arista Networks, Inc. (NYSE:ANET) news published recently go to: Benzinga.com, Streetinsider.com, Seekingalpha.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “Juniper Networks Faces ‘Ongoing’ Business Pressures, Credit Suisse Says” published on May 12, 2018, “Citi Reiterates Buy on Arista Networks (ANET) Ahead of Non-Deal Road Show” on May 16, 2018, “Arista: Is It A Rising Or Setting Sun?” with a publish date: May 14, 2018, “Arista Networks -8.6% alongside dimming margins” and the last “After-Hours Stock Movers 05/03: (CVGI) (VIAV) (SHAK) Higher; (FLR) (ANET) (TSRO) Lower (more…)” with publication date: May 03, 2018.

Arista Networks, Inc. (NYSE:ANET) Analyst Ratings Chart

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