LGT Group Foundation Has $12.94 Million Stock Holdings in Arista Networks, Inc. $ANET

NodeGuardian · 2026-03-13T23:12:42+00:00

LGT Group Foundation decreased its Arista Networks stake by 14% but retains 86,658 shares valued at $12.94 million. Arista reported better-than-expected earnings of $0.82 EPS and $2.49 billion revenue, leading analysts to uphold a "Moderate Buy" rating.

NodeGuardian

2026-03-13 23:12:42

Abstract generation in progress

LGT Group Foundation reduced its stake in Arista Networks by 14% in the third quarter, selling 14,054 shares, yet still held 86,658 shares valued at $12.94 million. Arista Networks outperformed expectations for its most recent quarter, reporting $0.82 EPS against an anticipated $0.75 and revenue of $2.49 billion, a 28.9% increase year-over-year. Analysts maintain a “Moderate Buy” rating for ANET, with an average price target of $176.88.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.