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Arista Networks, Inc. (NYSE:ANET) Is Favoured by Institutional Owners Who Hold 70% of the Company

Arista Networks, Inc. (NYSE:ANET) Is Favoured by Institutional Owners Who Hold 70% of the Company

Arista Networks, Inc.(紐約證券交易所代碼:ANET)受到持有公司70%股份的機構所有者的青睞
Simply Wall St ·  05/22 20:29

Key Insights

關鍵見解

  • Given the large stake in the stock by institutions, Arista Networks' stock price might be vulnerable to their trading decisions
  • The top 11 shareholders own 51% of the company
  • Insiders have been selling lately
  • 鑑於機構持有該股的大量股份,Arista Networks的股價可能容易受到其交易決策的影響
  • 前11名股東擁有公司51%的股份
  • 業內人士最近一直在拋售

If you want to know who really controls Arista Networks, Inc. (NYSE:ANET), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 70% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

如果你想知道誰真正控制着Arista Networks, Inc.(紐約證券交易所代碼:ANET),那麼你必須看看其股票登記處的構成。而持有最大份額的集團是擁有70%所有權的機構。也就是說,如果股票上漲,該集團將受益最大(如果出現低迷,則損失最大)。

Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.

由於機構所有者擁有龐大的資源和流動性,他們的投資決策往往具有很大的分量,尤其是對於個人投資者而言。因此,投資於公司的機構資金中有很大一部分通常是對公司未來的巨大信任票。

Let's delve deeper into each type of owner of Arista Networks, beginning with the chart below.

讓我們從下圖開始,深入研究Arista Networks的每種類型的所有者。

ownership-breakdown
NYSE:ANET Ownership Breakdown May 22nd 2024
紐約證券交易所:ANET 所有權明細 2024 年 5 月 22 日

What Does The Institutional Ownership Tell Us About Arista Networks?

關於Arista Networks,機構所有權告訴我們什麼?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

機構投資者通常將自己的回報與常見指數的回報進行比較。因此,他們通常會考慮收購相關基準指數中包含的大型公司。

We can see that Arista Networks does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Arista Networks' earnings history below. Of course, the future is what really matters.

我們可以看到,Arista Networks確實有機構投資者;他們持有該公司很大一部分股票。這可能表明該公司在投資界具有一定程度的信譽。但是,最好謹慎地依賴機構投資者所謂的驗證。他們有時也會弄錯。如果多家機構同時改變對股票的看法,你可能會看到股價快速下跌。因此,值得在下面查看Arista Networks的收益記錄。當然,未來才是真正重要的。

earnings-and-revenue-growth
NYSE:ANET Earnings and Revenue Growth May 22nd 2024
紐約證券交易所:ANET收益和收入增長 2024年5月22日

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in Arista Networks. Because actions speak louder than words, we consider it a good sign when insiders own a significant stake in a company. In Arista Networks' case, its Top Key Executive, Andreas Bechtolsheim, is the largest shareholder, holding 15% of shares outstanding. For context, the second largest shareholder holds about 8.4% of the shares outstanding, followed by an ownership of 6.1% by the third-largest shareholder. Furthermore, CEO Jayshree Ullal is the owner of 3.1% of the company's shares.

投資者應注意,機構實際上擁有公司一半以上的股份,因此它們可以共同行使巨大的權力。我們注意到,對沖基金沒有對Arista Networks進行有意義的投資。因爲行動勝於雄辯,所以我們認爲當內部人士擁有公司的大量股份時,這是一個好兆頭。就Arista Networks而言,其最高主要高管安德烈亞斯·貝希托爾斯海姆是最大股東,持有15%的已發行股份。就背景而言,第二大股東持有約8.4%的已發行股份,其次是第三大股東持有6.1%的所有權。此外,首席執行官傑什裏·烏拉爾持有該公司3.1%的股份。

Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.

從股東登記處來看,我們可以看到51%的所有權由前11名股東控制,這意味着沒有一個股東在所有權中擁有多數股權。

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

雖然研究公司的機構所有權數據是有意義的,但研究分析師的情緒以了解風向哪個方向吹來也是有意義的。有很多分析師在報道該股,因此可能也值得一看他們的預測。

Insider Ownership Of Arista Networks

阿里斯塔網絡的內部所有權

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

不同國家對內部人士的定義可能略有不同,但董事會成員始終算在內。管理層最終對董事會負責。但是,經理成爲執行委員會成員的情況並不少見,尤其是當他們是創始人或首席執行官時。

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

大多數人認爲內部所有權是積極的,因爲這可能表明董事會與其他股東關係良好。但是,在某些情況下,過多的權力集中在該群體中。

It seems insiders own a significant proportion of Arista Networks, Inc.. It has a market capitalization of just US$100b, and insiders have US$18b worth of shares in their own names. That's quite significant. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling.

內部人士似乎擁有Arista Networks, Inc.的很大一部分股份。它的市值僅爲1000億美元,內部人士以自己的名義持有價值180億美元的股票。這非常重要。大多數人會說,這表明了與股東的良好一致性,尤其是在如此規模的公司中。你可以點擊這裏查看這些內部人士是否在買入或賣出。

General Public Ownership

一般公有制

The general public-- including retail investors -- own 12% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

包括散戶投資者在內的公衆擁有該公司12%的股份,因此不容忽視。這種所有權規模雖然相當可觀,但如果決定與其他大股東不同步,則可能不足以改變公司政策。

Next Steps:

後續步驟:

It's always worth thinking about the different groups who own shares in a company. But to understand Arista Networks better, we need to consider many other factors.

擁有公司股份的不同群體總是值得考慮的。但是,爲了更好地了解Arista Networks,我們需要考慮許多其他因素。

Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.

許多人發現,深入了解一家公司過去的表現很有用。您可以訪問這張過去的收益、收入和現金流的詳細圖表。

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

如果你想了解分析師對未來增長的預測,千萬不要錯過這份關於分析師預測的免費報告。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注意:本文中的數字是使用過去十二個月的數據計算得出的,這些數據是指截至財務報表日期當月最後一天的12個月期間。這可能與全年年度報告數據不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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