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Snider Financial Group Purchases Shares of 16,259 Arista Networks, Inc. $ANET
Snider Financial Group has acquired 16,259 shares of Arista Networks, Inc. (ANET), valued at approximately $2.37 million, marking a new position for the firm. This comes as institutional ownership in Arista Networks remains high at 82.47%. Despite strong Q4 results, increased AI revenue targets, and positive analyst revisions, the article notes potential caution points such as a rich valuation and recent insider selling.