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Krilogy Financial LLC Invests $2.34 Million in Arista Networks, Inc. $ANET
Krilogy Financial LLC has acquired a new position in Arista Networks, Inc. (NYSE:ANET), purchasing 16,626 shares valued at approximately $2.34 million in the third quarter. This move is part of a broader trend of institutional investors increasing their stakes in the technology company. Arista Networks has received a “Moderate Buy” rating from analysts with an average price target of $166.00, though the stock has seen recent insider selling and mixed sentiment regarding AI-driven growth.