Arista(US:ANET) Benzinga·2026-01-14 15:01Company Overview - Arista Networks is a networking equipment provider specializing in Ethernet switches and software for data centers, with its primary product being the extensible operating system (EOS) that operates uniformly across all devices [8] - The company has been gaining market share since its establishment in 2004, focusing on high-speed applications, and counts Microsoft and Meta Platforms among its largest customers, with approximately 75% of sales generated from North America [8] Current Market Position - The current trading volume for Arista Networks stands at 512,611, with the stock price down by 2.81%, currently at $126.28 [11] - Analysts have set an average price target of $159.0 for Arista Networks, with two professional analysts providing insights in the last 30 days [10] - An analyst from Morgan Stanley maintains an Overweight rating on the stock with a target price of $159, while an analyst from Piper Sandler has also upgraded its rating to Overweight with the same price target [11] Options Activity - Recent options activity for Arista Networks has shown a significant bearish sentiment among deep-pocketed investors, with 54% of the sentiment being bearish and only 16% bullish [2] - A total of 24 extraordinary options activities were tracked, with 5 puts totaling $188,958 and 19 calls amounting to $1,075,440 [2] - The expected price movement for Arista Networks is projected to be between $100.0 and $160.0 over the past three months based on trading activity [3] Volume and Open Interest - The average open interest for Arista Networks options is recorded at 348.75, with a total volume of 1,213.00 [4] - The options volume and open interest for high-value trades have been tracked within the strike price corridor from $100.0 to $160.0 over the last 30 days [4]