Arista Networks, Inc. $ANET Shares Purchased by Blair William & Co. IL

Blair William & Co. IL raised its holdings in Arista Networks, Inc. (NYSE:ANET) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,124,560 shares of the technology company’s stock after acquiring an additional 11,992 shares during the period. Blair William & Co. IL’s holdings in Arista Networks were worth $147,351,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Lighthouse Financial Services Inc. ADV purchased a new stake in Arista Networks in the fourth quarter valued at approximately $1,549,000. Bensler LLC acquired a new position in Arista Networks during the fourth quarter worth approximately $6,350,000. QRG Capital Management Inc. raised its stake in Arista Networks by 6.4% during the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after purchasing an additional 10,217 shares during the period. Jefferies Financial Group Inc. raised its position in shares of Arista Networks by 59.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock worth $2,309,000 after buying an additional 6,591 shares during the period. Finally, Reaves W H & Co. Inc. acquired a new position in shares of Arista Networks in the 4th quarter valued at about $3,058,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

ANET has been the subject of a number of recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $190.00 price target (up from $180.00) on shares of Arista Networks in a report on Friday. Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price for the company in a research report on Friday, May 15th. Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. UBS Group reissued a “buy” rating and issued a $187.00 price target (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Finally, Rosenblatt Securities boosted their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Two equities research 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. According to data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and a consensus price target of $186.47.

Insider Activity

In other news, Director Kelly Bodnar Battles sold 422 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $146.44, for a total value of $61,797.68. Following the completion of the sale, the director directly owned 10,078 shares of the company’s stock, valued at $1,475,822.32. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 220,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $157.93, for a total transaction of $34,744,600.00. Following the sale, the insider owned 111,848 shares of the company’s stock, valued at approximately $17,664,154.64. This represents a 66.30% 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. In the last three months, insiders sold 2,343,747 shares of company stock worth $380,853,419. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Down 0.4%

Shares of NYSE ANET opened at $168.48 on Wednesday. The stock’s fifty day simple moving average is $156.12 and its 200 day simple moving average is $140.71. The stock has a market capitalization of $212.15 billion, a price-to-earnings ratio of 57.70, a PEG ratio of 2.61 and a beta of 1.61. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business’s quarterly revenue was up 35.1% on a year-over-year basis. 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, analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

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.