Market Whales and Their Recent Bets on ANET Options
Portfolio Pulse from Benzinga Insights
Investors have shown a significant interest in Arista Networks (NYSE:ANET) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 32 unusual trades, indicating a focus on a price range between $250 and $450 for ANET. The trading activity includes both calls and puts, with a notable volume and open interest in specific strike prices. Arista Networks, a provider of networking equipment, has seen its stock price slightly decrease by 0.2% to $290.27. Analysts from Goldman Sachs and Evercore ISI Group have issued positive ratings with target prices of $356 and $300, respectively.

April 03, 2024 | 6:16 pm
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Arista Networks has seen a mix of bullish and bearish options trading, with a focus on a price range between $250 and $450. The company's stock price is slightly down, but analyst ratings from Goldman Sachs and Evercore ISI Group remain positive.
The significant options activity, especially the bullish trades, alongside positive analyst ratings, suggests a potential upside for ANET's stock price in the short term. The detailed options trades and the analysts' target prices provide a strong basis for this prediction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100