With 70% Ownership of the Shares, Arista Networks, Inc. (NYSE:ANET) Is Heavily Dominated by Institutional Owners
With 70% Ownership of the Shares, Arista Networks, Inc. (NYSE:ANET) Is Heavily Dominated by Institutional Owners
Key Insights
主要見解
- Significantly high institutional ownership implies Arista Networks' stock price is sensitive to their trading actions
- The top 11 shareholders own 52% of the company
- Insiders own 18% of Arista Networks
- 機構持有大量股份意味着Arista Networks的股價對他們的交易行爲非常敏感
- 前11個股東擁有該公司的52%。
- 內部持有Arista Networks的18%
To get a sense of who is truly in control of Arista Networks, Inc. (NYSE:ANET), it is important to understand the ownership structure of the business. With 70% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
要了解Arista Networks, Inc. (NYSE:ANET)真正的控制者是誰,了解公司所有權結構很重要。機構持有70%的股份,在公司中佔據最大份額。換句話說,他們將從對公司的投資中獲得最多(或損失最多)收益。
Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot 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.
考慮到機構持有的巨額資金和研究能力,機構持股往往具有很大的影響力,特別是對於個人投資者。因此,機構投資者投資公司的大量資金通常是對其未來的巨大信任。
In the chart below, we zoom in on the different ownership groups of Arista Networks.
在下面的圖表中,我們放大了Arista Networks的不同所有權群體。
![1724592350806](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240825/42836270-0-cc99dda1dcce83b0b1a38392419aad99.webp/bigjpg)
What Does The Institutional Ownership Tell Us About Arista Networks?
機構持股對Arista Networks意味着什麼?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
機構通常在向自己的投資者報告時會針對一個基準進行衡量,因此一旦某隻股票被納入主要指數,他們通常會更加熱衷於該股票。我們預計大多數公司都會有一些機構在登記簿上,尤其是那些正在增長的公司。
Arista Networks already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Arista Networks, (below). Of course, keep in mind that there are other factors to consider, too.
Arista Networks已經在股份登記表上有機構。事實上,他們在公司擁有可觀的股份。 這可能表明公司在投資社區有一定的可信度。 但是,最好謹慎依賴於機構投資者所帶來的所謂驗證。 他們有時也會犯錯。 如果兩個大型機構投資者同時試圖拋售一隻股票,股價大幅下跌並不罕見。 因此,值得檢查Arista Networks的過去盈利軌跡(如下)。當然,也要記住還有其他要考慮的因素。
![1724592352383](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240825/42836270-1-4c2a988df734842290791481f2f5ea84.webp/bigjpg)
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in Arista Networks. Our data suggests that Andreas Bechtolsheim, who is also the company's Top Key Executive, holds the most number of shares at 15%. When an insider holds a sizeable amount of a company's stock, investors consider it as a positive sign because it suggests that insiders are willing to have their wealth tied up in the future of the company. For context, the second largest shareholder holds about 7.4% of the shares outstanding, followed by an ownership of 6.4% by the third-largest shareholder. Additionally, the company's CEO Jayshree Ullal directly holds 3.1% of the total shares outstanding.
投資者應注意,機構實際上擁有公司超過一半的股份,因此他們可以集體行使重要影響力。對於Arista Networks來說,對沖基金持有的股份不多。我們的數據顯示,安德里亞斯·貝克托爾斯海姆是該公司最大的關鍵高管,持有15%的股份。當內部人持有大量公司股票時,投資者會將其視爲積極的跡象,因爲這表明內部人願意將自己的財富與公司的未來綁定在一起。相比之下,第二大股東持有公司約7.4%的流通股份,第三大股東持有6.4%的股份。此外,該公司的首席執行官傑什裏·烏拉爾直接持有公司總流通股份的3.1%。
After doing some more digging, we found that the top 11 have the combined ownership of 52% in the company, suggesting that no single shareholder has significant control over the company.
經過更深入的研究,我們發現前11位的持股比例爲52%,表明沒有單一股東對公司有重大控制。
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
研究機構所有權是衡量和過濾股票預期表現的好方法。通過研究分析師的情緒也可以實現同樣的目的。由於有相當數量的分析師涵蓋這支股票,因此了解他們對未來的整體看法可能會有所幫助。
Insider Ownership Of Arista Networks
Arista Networks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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
內部人員的定義在不同國家可能會稍有不同,但董事會成員始終算入其中。公司管理負責經營業務,但即使首席執行官是董事會成員,他或她也必須對董事會負責。
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,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
It seems insiders own a significant proportion of Arista Networks, Inc.. It is very interesting to see that insiders have a meaningful US$20b stake in this US$112b business. 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.
看起來內部持有大量的arista networks股份。看到內部人在這家市值爲1120億美元的公司中持有價值20億美元的股份,這是非常有趣的。大多數人會說,這表明與股東有很高的一致性,尤其是在這樣規模的公司中。您可以點擊這裏查看內部人是否一直在買入或賣出。
General Public Ownership
一般大衆所有權
The general public-- including retail investors -- own 11% 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.
一般公衆——包括零售投資者——在公司中擁有11%的股份,因此不容易被忽略。雖然持股規模相當大,但如果決策與其他大股東不同步,這可能不足以改變公司政策。
Next Steps:
下一步:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.
我覺得查看公司的實際所有者非常有趣。但爲了真正獲得洞察力,我們需要考慮其他信息。
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.
很多人覺得深入了解一家公司過去的表現是有用的。您可以訪問此詳細的過去收益、營業收入和現金流量圖。
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
如果您像我一樣,可能希望考慮這家公司是否會增長或縮小。幸運的是,您可以查看此免費報告,顯示分析師對其未來的預測。
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:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。