Arista Networks (NYSE:ANET) CFO Chantelle Yvette Breithaupt Sells 2,448 Shares

Arista Networks, Inc. (NYSE:ANET) CFO Chantelle Yvette Breithaupt sold 2,448 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total value of $384,336.00. Following the transaction, the chief financial officer owned 64,408 shares of the company’s stock, valued at approximately $10,112,056. This trade represents a 3.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chantelle Yvette Breithaupt also recently made the following trade(s):

• On Tuesday, April 14th, Chantelle Yvette Breithaupt sold 8,890 shares of Arista Networks stock. The shares were sold at an average price of $155.02, for a total value of $1,378,127.80.

Arista Networks Price Performance

Shares of NYSE ANET opened at $155.21 on Friday. The stock has a market capitalization of $195.44 billion, a price-to-earnings ratio of 53.15, a PEG ratio of 2.37 and a beta of 1.67. The business has a 50-day moving average of $147.06 and a 200-day moving average of $137.46. Arista Networks, Inc. has a fifty-two week low of $83.86 and a fifty-two week high of $179.80.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, sell-side analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ANET shares. Barclays restated an “overweight” rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Truist Financial set a $175.00 price objective on Arista Networks in a report on Wednesday, May 6th. Evercore restated an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a report on Friday, February 13th. JPMorgan Chase & Co. boosted their price target on Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Finally, Morgan Stanley reissued an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $185.72.

Hedge Funds Weigh In On Arista Networks

A number of institutional investors have recently bought and sold shares of the business. Cozad Asset Management Inc. increased its position in Arista Networks by 35.4% during the first quarter. Cozad Asset Management Inc. now owns 9,146 shares of the technology company’s stock worth $1,123,000 after buying an additional 2,389 shares during the last quarter. Allen Capital Group LLC acquired a new position in Arista Networks during the first quarter worth approximately $245,000. Summitry LLC acquired a new position in Arista Networks during the first quarter worth approximately $403,000. GKV Capital Management Co. Inc. increased its position in Arista Networks by 3.0% during the first quarter. GKV Capital Management Co. Inc. now owns 47,251 shares of the technology company’s stock worth $5,801,000 after buying an additional 1,385 shares during the last quarter. Finally, BankChampaign National Association acquired a new position in Arista Networks during the first quarter worth approximately $817,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

About Arista Networks

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.