Fri, Mar 6, 2026
Mar 6
500,000 shares @ $12.84
Increased holdings by +41.90%
8th 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 5 transactions by 5 insiders
31% win rate · -9.2% median edge vs SPY (331 trades, 90-day)
Insider trade was 79% below market price
Price 14% below 200-day moving average