5,024 Shares in Arista Networks, Inc. $ANET Purchased by SmartHarvest Portfolios LLC

SmartHarvest Portfolios LLC acquired a new stake in Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,024 shares of the technology company’s stock, valued at approximately $658,000.

Other hedge funds have also recently modified their holdings of the company. Board of the Pension Protection Fund purchased a new stake in shares of Arista Networks during the fourth quarter valued at approximately $26,000. Knuff & Co LLC bought a new stake in Arista Networks during the third quarter worth $29,000. Ameliora Wealth Management Ltd. purchased a new position in Arista Networks in the fourth quarter worth $30,000. Quarry LP bought a new position in Arista Networks in the 3rd quarter valued at $33,000. Finally, Ares Financial Consulting LLC bought a new position in Arista Networks in the 4th quarter valued at $34,000. Institutional investors own 82.47% of the company’s stock.

Arista Networks News Roundup

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Arista’s rollout of its 7060XE7 Series 1.6T networking platforms supports the AI growth story, as the products are designed for rack-scale AI infrastructure and higher-capacity data-center networking. Article Title
• Positive Sentiment: Erste Group Bank raised its FY2027 earnings estimate for Arista Networks, adding to signs that Wall Street expects continued earnings growth. Article Title
• Neutral Sentiment: Broader market volatility tied to AI spending, interest rates, and growth concerns may be increasing attention on AI infrastructure names like ANET, but it is not a company-specific catalyst. Article Title
• Negative Sentiment: Recent insider selling by major shareholder Andreas Bechtolsheim may weigh on sentiment, even though the trades were made under a pre-arranged 10b5-1 plan. Article Title

Analyst Ratings Changes

ANET has been the topic of a number of recent analyst reports. Barclays reiterated an “overweight” rating and set a $195.00 target price (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. The Goldman Sachs Group restated a “buy” rating and set a $188.00 price objective (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Citigroup lowered their price objective on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Evercore reissued an “outperform” rating and set a $200.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Finally, Wolfe Research restated an “outperform” rating and set a $175.00 price target on shares of Arista Networks in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $185.95.

Arista Networks Stock Performance

Shares of ANET opened at $156.46 on Friday. Arista Networks, Inc. has a fifty-two week low of $85.58 and a fifty-two week high of $179.80. The business has a 50-day moving average of $153.66 and a 200 day moving average of $139.83. The firm has a market cap of $197.01 billion, a P/E ratio of 53.58, a price-to-earnings-growth ratio of 2.34 and a beta of 1.61.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company’s revenue was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Activity at Arista Networks

In related news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total value of $384,336.00. Following the completion of the transaction, the chief financial officer directly 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 Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the completion of the transaction, the director owned 200,333 shares of the company’s stock, valued at $33,874,306.97. This represents a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,403,142 shares of company stock worth $388,820,943 in the last ninety days. Insiders own 2.70% 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.