Arista Neetworks (ANET) Shares Rose While Primecap Management Company Boosted Stake; Van Den Berg Management I Has Trimmed Its Position in Enstar Group Limited (ESGR) as Stock Value Declined

May 18, 2018 - By Nellie Frank

Arista Networks, Inc. (NYSE:ANET) Logo

Van Den Berg Management I Inc decreased its stake in Enstar Group Limited (ESGR) by 11.33% based on its latest 2017Q4 regulatory filing with the SEC. Van Den Berg Management I Inc sold 14,036 shares as the company’s stock declined 0.76% with the market. The institutional investor held 109,832 shares of the property-casualty insurers company at the end of 2017Q4, valued at $22.05 million, down from 123,868 at the end of the previous reported quarter. Van Den Berg Management I Inc who had been investing in Enstar Group Limited for a number of months, seems to be less bullish one the $4.11B market cap company. The stock increased 0.60% or $1.25 during the last trading session, reaching $211.2. About 14,351 shares traded. Enstar Group Limited (NASDAQ:ESGR) has risen 13.09% since May 18, 2017 and is uptrending. It has outperformed by 1.54% the S&P500.




Primecap Management Company increased its stake in Arista Neetworks (ANET) by 222.22% based on its latest 2017Q4 regulatory filing with the SEC. Primecap Management Company bought 4,000 shares as the company’s stock rose 7.25% while stock markets declined. The institutional investor held 5,800 shares of the technology company at the end of 2017Q4, valued at $1.37 million, up from 1,800 at the end of the previous reported quarter. Primecap Management Company who had been investing in Arista Neetworks for a number of months, seems to be bullish on the $18.41 billion market cap company. The stock decreased 0.67% or $1.66 during the last trading session, reaching $247.47. About 1.34 million shares traded or 9.48% up from the average. Arista Networks, Inc. (NYSE:ANET) has risen 91.94% since May 18, 2017 and is uptrending. It has outperformed by 80.39% the S&P500.

Primecap Management Company, which manages about $87.86B and $130.31 billion US Long portfolio, decreased its stake in Eog Resources Inc. (NYSE:EOG) by 5,475 shares to 2.18 million shares, valued at $235.77 million in 2017Q4, according to the filing. It also reduced its holding in Kla (NASDAQ:KLAC) by 240,080 shares in the quarter, leaving it with 12.53M shares, and cut its stake in Tjx Cos Inc New (NYSE:TJX).

Among 36 analysts covering Arista Networks (NYSE:ANET), 18 have Buy rating, 1 Sell and 17 Hold. Therefore 50% are positive. Arista Networks had 136 analyst reports since July 29, 2015 according to SRatingsIntel. As per Tuesday, October 3, the company rating was maintained by Jefferies. As per Friday, August 4, the company rating was maintained by Oppenheimer. The firm earned “Neutral” rating on Tuesday, August 4 by Macquarie Research. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, September 20. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Hold” rating by Credit Suisse on Friday, July 21. On Monday, October 9 the stock rating was maintained by RBC Capital Markets with “Hold”. On Thursday, September 28 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The rating was maintained by Oppenheimer on Friday, May 5 with “Buy”. DA Davidson upgraded Arista Networks, Inc. (NYSE:ANET) on Friday, November 3 to “Buy” rating. The firm earned “Buy” rating on Tuesday, October 25 by Argus Research.

More notable recent Arista Networks, Inc. (NYSE:ANET) news were published by: Seekingalpha.com which released: “Arista Networks: The Time Has Come” on April 25, 2018, also Streetinsider.com with their article: “After-Hours Stock Movers 05/03: (CVGI) (VIAV) (SHAK) Higher; (FLR) (ANET) (TSRO) Lower (more…)” published on May 03, 2018, Benzinga.com published: “Juniper Networks Faces ‘Ongoing’ Business Pressures, Credit Suisse Says” on May 12, 2018. More interesting news about Arista Networks, Inc. (NYSE:ANET) were released by: Seekingalpha.com and their article: “Arista Networks -8.6% alongside dimming margins” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “Arista Networks: Ignore The Noise” with publication date: May 07, 2018.

More news for Enstar Group Limited (NASDAQ:ESGR) were recently published by: Globenewswire.com, which released: “Enstar Group Limited Reports First Quarter 2018 Results” on May 08, 2018. Valuewalk.com‘s article titled: “A Look At Chuck Akre’s Search for Compounding Machines” and published on April 19, 2018 is yet another important article.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.23, from 1.36 in 2017Q3. It turned negative, as 9 investors sold ESGR shares while 45 reduced holdings. 16 funds opened positions while 45 raised stakes. 14.11 million shares or 9.80% less from 15.64 million shares in 2017Q3 were reported. 18,100 were reported by Swiss Bankshares. Strs Ohio reported 0.01% in Enstar Group Limited (NASDAQ:ESGR). Advisory Ntwk Ltd Llc has invested 0.02% in Enstar Group Limited (NASDAQ:ESGR). The Texas-based Dimensional Fund Lp has invested 0.03% in Enstar Group Limited (NASDAQ:ESGR). Principal Fincl Incorporated has invested 0% in Enstar Group Limited (NASDAQ:ESGR). Moreover, Torray has 0.07% invested in Enstar Group Limited (NASDAQ:ESGR) for 3,300 shares. First Manhattan reported 0% stake. Vanguard Grp Inc stated it has 0.01% of its portfolio in Enstar Group Limited (NASDAQ:ESGR). Ubs Asset Management Americas Inc has invested 0% in Enstar Group Limited (NASDAQ:ESGR). Alliancebernstein Limited Partnership holds 0% or 16,976 shares. Proshare Advisors has 1,670 shares for 0% of their portfolio. Architects has invested 0.3% of its portfolio in Enstar Group Limited (NASDAQ:ESGR). Invesco owns 16,038 shares. Moreover, Pnc Financial Service Gp Incorporated Inc has 0% invested in Enstar Group Limited (NASDAQ:ESGR). Barr E S And invested 2.52% in Enstar Group Limited (NASDAQ:ESGR).

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