Arista Networks, Inc. (ANET) Reaches $307.20 52-Week High; Lagoda Investment Management LP Lifted Enstar Group Limited (ESGR) Position

February 15, 2018 - By Louis Casey

Lagoda Investment Management Lp increased Enstar Group Limited (ESGR) stake by 27.32% reported in 2017Q3 SEC filing. Lagoda Investment Management Lp acquired 6,316 shares as Enstar Group Limited (ESGR)’s stock declined 4.23%. The Lagoda Investment Management Lp holds 29,432 shares with $6.54 million value, up from 23,116 last quarter. Enstar Group Limited now has $3.84B valuation. The stock increased 0.46% or $0.9 during the last trading session, reaching $197.4. About 14 shares traded. Enstar Group Limited (NASDAQ:ESGR) has risen 19.80% since February 15, 2017 and is uptrending. It has outperformed by 3.10% the S&P500.

The stock of Arista Networks, Inc. (NYSE:ANET) hit a new 52-week high and has $328.70 target or 7.00% above today’s $307.20 share price. The 6 months bullish chart indicates low risk for the $22.46 billion company. The 1-year high was reported on Feb, 15 by If the $328.70 price target is reached, the company will be worth $1.57 billion more. The stock increased 1.68% or $5.08 during the last trading session, reaching $307.2. About 373,562 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 111.25% since February 15, 2017 and is uptrending. It has outperformed by 94.55% the S&P500.

Investors sentiment increased to 1.36 in Q3 2017. Its up 0.31, from 1.05 in 2017Q2. It increased, as 9 investors sold ESGR shares while 36 reduced holdings. 15 funds opened positions while 46 raised stakes. 15.64 million shares or 2.12% more from 15.32 million shares in 2017Q2 were reported. Nfc Invs Lc accumulated 130,143 shares. Dean Associates Limited Co invested in 0.49% or 14,630 shares. Dean Cap Management invested in 9,787 shares or 1.02% of the stock. Vanguard Grp accumulated 727,882 shares. Akre Capital Management Lc holds 4.7% in Enstar Group Limited (NASDAQ:ESGR) or 1.45M shares. Zebra Cap Mgmt Limited Liability owns 17,892 shares. American Int Group Inc invested in 0.01% or 7,540 shares. Morgan Stanley invested in 0% or 23,923 shares. Wellington Grp Limited Liability Partnership, Massachusetts-based fund reported 312,604 shares. Barclays Public Limited Com invested in 260 shares. Bnp Paribas Arbitrage Sa holds 0% or 1,244 shares. Manufacturers Life Insurance The reported 8,305 shares. Rhumbline Advisers owns 16,130 shares. Glenmede Tru Na holds 0% in Enstar Group Limited (NASDAQ:ESGR) or 10 shares. Martingale Asset Mngmt LP holds 7,501 shares.

Arista Networks, Inc. supplies cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has market cap of $22.46 billion. The companyÂ’s cloud networking solutions consist of its Extensible Operating System and a set of network applications, as well as gigabit Ethernet switching and routing platforms, including universal leaf, spline, and universal spine products. It has a 63.12 P/E ratio. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services.

Among 33 analysts covering Arista Networks (NYSE:ANET), 17 have Buy rating, 0 Sell and 16 Hold. Therefore 52% are positive. Arista Networks has $320.0 highest and $10 lowest target. $188.94’s average target is -38.50% below currents $307.2 stock price. Arista Networks had 113 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, August 4 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The rating was maintained by JMP Securities with “Market Perform” on Thursday, October 26. The firm has “Neutral” rating by M Partners given on Monday, September 19. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Monday, December 5 report. M Partners maintained Arista Networks, Inc. (NYSE:ANET) rating on Friday, November 6. M Partners has “Buy” rating and $81.0 target. On Monday, March 27 the stock rating was upgraded by Goldman Sachs to “Neutral”. Needham maintained Arista Networks, Inc. (NYSE:ANET) rating on Friday, April 7. Needham has “Buy” rating and $150 target. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Buy” rating by William Blair on Friday, August 4. The stock has “Buy” rating by BMO Capital Markets on Thursday, June 15. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Buy” rating by DA Davidson on Friday, November 3.

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