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Russell Investments Group Ltd. Sells 280,863 Shares of Arista Networks, Inc. $ANET
Russell Investments Group Ltd. has reduced its stake in Arista Networks, Inc. (NYSE:ANET) by 12.8% during the third quarter, selling 280,863 shares and now owning 1,907,260 shares valued at $277.68 million. Other institutional investors have also adjusted their holdings, with some increasing and others decreasing their positions. Wall Street analysts currently have a “Moderate Buy” rating on Arista Networks with an average price target of $176.88.