Thu, Mar 20, 2025
Mar 20
59,561 shares @ $51.52
Decreased holdings by -4.50%
14th largest trade (out of 424)
📍 ANET ThesisConcentrates 99% of 205 backtested trades in ANET, which has averaged +92.5% @730d vs SPY. Their own timing adds only +4.2% on top — this is thesis validation, not market-timing skill. Methodology →
Large TradeCluster Buy
Trade made by an officer
Part of a cluster of 4 transactions by 4 insiders
27% win rate · -9.8% median edge vs SPY (275 trades, 90-day)
Price 13% below 200-day moving average