This Is What Whales Are Betting On Arista Networks
Portfolio Pulse from Benzinga Insights
A large bearish position on Arista Networks (NYSE:ANET) has been spotted, with 57% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $110 to $170 for ANET over the last 3 months.
May 23, 2023 | 7:02 pm
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A large bearish position has been spotted on Arista Networks, with 57% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $110 to $170 for ANET over the last 3 months.
The large bearish position on Arista Networks indicates that big-money traders expect the stock price to decline in the short term. With 57% of these traders showing bearish sentiment and whales targeting a price range of $110 to $170, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100