Varma Mutual Pension Insurance Co Raises Stake in Arista Networks, Inc. $ANET

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Varma Mutual Pension Insurance Co increased its stake in Arista Networks (NYSE:ANET) by 8.7% in Q3, now holding 182,300 shares valued at $26.56 million. Other institutions like Vanguard and Norges Bank also hold significant positions. Despite institutional buying, company insiders have recently sold shares, while analysts have a “Moderate Buy” rating with an average price target of $166 for ANET.

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