Arista Networks, Inc. $ANET Shares Acquired by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC increased its position in shares of Arista Networks, Inc. (NYSE:ANET) by 8.5% during the first quarter, Holdings Channel reports. The institutional investor owned 58,202 shares of the technology company’s stock after buying an additional 4,540 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Arista Networks were worth $7,146,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new position in Arista Networks during the 4th quarter worth approximately $26,000. Sankala Group LLC acquired a new stake in shares of Arista Networks in the 4th quarter valued at $27,000. Prosperity Bancshares Inc acquired a new stake in shares of Arista Networks in the 4th quarter valued at $28,000. Knuff & Co LLC purchased a new stake in shares of Arista Networks during the 3rd quarter worth $29,000. Finally, Ameliora Wealth Management Ltd. purchased a new stake in shares of Arista Networks during the 4th quarter worth $30,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks News Summary

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

• Positive Sentiment: Arista unveiled new 1.6-terabit networking platforms as demand for 800-gig deployments continues to build, reinforcing its position in AI and cloud data-center networking. Arista Networks (ANET) Unveils 1.6 Terabit Platforms As 800 Gig Adoption Builds
• Positive Sentiment: Analyst commentary highlighted Arista as a beneficiary of pricing power and AI networking expansion, which supports the bull case for revenue growth. The Zacks Analyst Blog Highlights Micron, The Coca-Cola, Arista Networks and Where Food Comes From
• Neutral Sentiment: Wall Street coverage remains broadly favorable, with analysts still viewing ANET as a good investment, though this is more a sentiment check than a new catalyst. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Negative Sentiment: Insider Kenneth Duda sold shares in two reported transactions, including a sizable block sale, which can weigh on sentiment even though both were made under a pre-arranged 10b5-1 plan. SEC filing for insider sale
• Negative Sentiment: Recent trading showed ANET underperforming peers and falling sharply versus the prior session, signaling near-term momentum weakness. Arista Networks (ANET) Registers a Bigger Fall Than the Market: Important Facts to Note

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ANET shares. Needham & Company LLC reissued a “buy” rating and issued a $185.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. Bank of America lifted their price target on Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $190.00 price objective (up from $180.00) on shares of Arista Networks in a research report on Friday, June 12th. Wolfe Research reiterated an “outperform” rating and issued a $175.00 price objective on shares of Arista Networks in a report on Wednesday, June 10th. Finally, UBS Group reissued a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Two 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $187.63.

Insider Buying and Selling at Arista Networks

In related news, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the transaction, the director owned 200,333 shares in the company, valued at $33,874,306.97. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of Arista Networks stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total value of $2,140,947.36. Following the transaction, the chief executive officer directly owned 9,917 shares in the company, valued at approximately $1,537,531.68. This trade represents a 58.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 2,647,080 shares of company stock valued at $431,329,762. 2.70% of the stock is owned by insiders.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $161.69 on Thursday. The company’s fifty day moving average price is $159.19 and its 200 day moving average price is $142.35. Arista Networks, Inc. has a 12 month low of $94.50 and a 12 month high of $179.80. The firm has a market capitalization of $203.60 billion, a P/E ratio of 55.37, a P/E/G ratio of 2.50 and a beta of 1.61.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same period in the previous year, the company earned $0.65 earnings per share. Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, sell-side analysts anticipate that Arista Networks, Inc. will post 3.27 EPS for the current year.

Arista Networks 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.