The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Arista Networks Inc. (ANET) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.24, or -1.09%, to $112.58. Volume reached 96,447 shares, with price reaching a high of $112.55 and a low of $112.55. Most recently, Yahoo Finance reported about the stock as it publicized that Arista Delivers Next Generation Cloud Routing.
Arista Networks Inc. is listed on the NYSE as a member of the Technology sector and is a part of the Computer Hardware industry. At the end of the last regular session, the stock closed at $112.55 and fluctuated between $113.68 as its day high and $111.19 as its day low. The current market capitalization of Arista Networks Inc. is $34.60B. A total of 1.47 million shares were traded on the day, compared to an average of 1.91M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ANET has seen 72 BUY and 48 SELL insider trades, representing the acquisition of 245,034 and the disposition of 337,423 shares. Over the last 12 months, there were 365 BUYs and 590 SELLs from insiders. Insiders purchased 2,431,462 shares during that period but sold 6,246,781.
In the most recent transaction, Duda Kenneth sold 19,500 shares of ANET for 125.03 per share on Sep 12. After the transaction, the CTO and SVP Software Eng. now owns 258,100 company shares. In a previous transaction on Sep 12, Duda Kenneth sold 20,000 shares at 125.03 per share. ANET shares that CTO and SVP Software Eng. owns now total 3,244.
Among the insiders who sold shares, Giancarlo Charles H disposed of 2,000 shares on Sep 09 at a per-share price of $125.08. This resulted in the Director holding 96,946 shares of ANET after the transaction. In another insider transaction, Taxay Marc sold 6,773 shares at $116.14 per share on Sep 01. Company shares held by the SVP and General Counsel now total 0.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ANET in the last 3 months, the mean price target is $149.26 with high estimates of $189.00 and low estimates of $105.00. In terms of 52-week highs and lows, ANET has a high of $148.57 and a low of $85.18.
As of this writing, ANET has an earnings estimate of $0.91 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.94 per share and a lower estimate of $0.87. The company reported an EPS of $0.98 in the last quarter, which was 25.64% higher than expectations of $0.78.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 29 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ANET is Sell with a score of 4.10. A total of 17 analysts rated the stock as Buy while 1 rated it as Overweight while 10 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.