Arista is the market leader in data center switching platforms

Arista Networks demonstrates strong financial performance, a solid growth outlook, and innovative product development, particularly in AI and cloud networking. While valuation models offer mixed signals, the company's fundamentals and strategic positioning make it a compelling consideration for investors interested in the networking and cloud infrastructure sector. Ken Griffin at Citadel Advisors sold 1.5 million shares of Nvidia, cutting his exposure 50%. He also added 108,000 shares of Arista, increasing his stake 17%.
Israel Englander at Millennium Management sold 740,500 shares of Nvidia, trimming his stake 7%. He also purchased 979,600 shares of Arista, increasing his position 43%.
Paul Tudor Jones of Tudor Investment sold 209,000 shares of Nvidia, reducing his exposure 24%. He also purchased 213,800 shares of Arista, opening a new position.