Nykredit A S Acquires Shares of 474,482 Arista Networks, Inc. $ANET

Nykredit A S bought a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 474,482 shares of the technology company’s stock, valued at approximately $80,605,000.

Several other large investors have also recently modified their holdings of ANET. Robbins Farley raised its position in shares of Arista Networks by 1.3% in the second quarter. Robbins Farley now owns 37,658 shares of the technology company’s stock valued at $6,397,000 after purchasing an additional 491 shares during the period. Natural Investments LLC purchased a new stake in shares of Arista Networks during the 2nd quarter valued at approximately $209,000. XML Financial LLC boosted its holdings in Arista Networks by 0.9% in the 2nd quarter. XML Financial LLC now owns 19,418 shares of the technology company’s stock worth $3,299,000 after buying an additional 170 shares during the period. Beacon Financial Advisory LLC grew its stake in Arista Networks by 3.3% in the 2nd quarter. Beacon Financial Advisory LLC now owns 2,418 shares of the technology company’s stock valued at $411,000 after buying an additional 78 shares in the last quarter. Finally, Secure Asset Management LLC grew its stake in Arista Networks by 27.2% in the 2nd quarter. Secure Asset Management LLC now owns 2,160 shares of the technology company’s stock valued at $367,000 after buying an additional 462 shares in the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

ANET has been the topic of a number of analyst reports. UBS Group reissued a “buy” rating and set a $259.00 target price (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. Rosenblatt Securities raised their price target on Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Zacks Research upgraded Arista Networks from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Finally, Morgan Stanley reissued an “overweight” rating and set a $220.00 price objective (up from $190.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $225.76.

Arista Networks Trading Down 1.8%

Arista Networks stock opened at $185.78 on Thursday. Arista Networks, Inc. has a 1-year low of $114.52 and a 1-year high of $214.89. The firm has a market capitalization of $234.31 billion, a PE ratio of 58.60, a price-to-earnings-growth ratio of 2.55 and a beta of 1.62. The firm’s 50 day simple moving average is $181.71 and its 200 day simple moving average is $159.57.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Kenneth Duda sold 17,333 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $185.42, for a total transaction of $3,213,884.86. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at $2,406,009.92. The trade was a 57.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $202.60, for a total value of $60,780,000.00. Following the completion of the transaction, the insider owned 180,843,048 shares in the company, valued at $36,638,801,524.80. This represents a 0.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,002,082 shares of company stock worth $761,352,976 over the last three months. 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.