Arista Networks, Inc. $ANET Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership trimmed its position in shares of Arista Networks, Inc. (NYSE:ANET) by 1.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,401,393 shares of the technology company’s stock after selling 185,722 shares during the period. Arista Networks comprises approximately 0.7% of Arrowstreet Capital Limited Partnership’s investment portfolio, making the stock its 19th largest position. Arrowstreet Capital Limited Partnership’s holdings in Arista Networks were worth $1,231,865,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Knuff & Co LLC acquired a new stake in Arista Networks during the 3rd quarter valued at $29,000. Board of the Pension Protection Fund acquired a new stake in Arista Networks during the 4th quarter valued at $26,000. Quarry LP acquired a new stake in Arista Networks during the 3rd quarter valued at $33,000. Ameliora Wealth Management Ltd. acquired a new stake in Arista Networks during the 4th quarter valued at $30,000. Finally, Ares Financial Consulting LLC acquired a new stake in Arista Networks during the 4th quarter valued at $34,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Stock Up 4.5%

Shares of Arista Networks stock opened at $163.38 on Friday. The firm has a market cap of $205.73 billion, a price-to-earnings ratio of 55.95, a price-to-earnings-growth ratio of 2.52 and a beta of 1.61. The business has a fifty day simple moving average of $154.43 and a 200-day simple moving average of $139.99. Arista Networks, Inc. has a fifty-two week low of $85.58 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 (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business’s revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ANET. Piper Sandler reissued an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Truist Financial set a $175.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Morgan Stanley restated an “overweight” rating and issued a $190.00 price target (up from $180.00) on shares of Arista Networks in a research report on Friday. Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a research report on Wednesday. Finally, Bank of America raised their price target on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $186.47.

More Arista Networks News

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

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

Insider Transactions at Arista Networks

In other news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at $1,740,600.64. This trade represents a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Andreas Bechtolsheim sold 240,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $163.06, for a total transaction of $39,134,400.00. Following the sale, the insider owned 331,848 shares of the company’s stock, valued at approximately $54,111,134.88. This represents a 41.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,403,142 shares of company stock valued at $388,820,943 over the last ninety days. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Company Profile

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.