Triglav Investments D.O.O. Has $2.24 Million Stake in Arista Networks, Inc. $ANET

Triglav Investments D.O.O. trimmed its position in shares of Arista Networks, Inc. (NYSE:ANET) by 20.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,102 shares of the technology company’s stock after selling 4,498 shares during the period. Triglav Investments D.O.O.’s holdings in Arista Networks were worth $2,241,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Arista Networks by 82.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock worth $1,396,939,000 after acquiring an additional 4,332,659 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of Arista Networks by 3,182.7% in the fourth quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after acquiring an additional 3,890,146 shares during the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of Arista Networks by 310.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,280,122 shares of the technology company’s stock worth $298,868,000 after acquiring an additional 1,724,758 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new position in shares of Arista Networks in the fourth quarter worth about $164,907,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock worth $13,258,877,000 after acquiring an additional 1,188,799 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks News Roundup

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

• Positive Sentiment: Zacks highlighted Arista Networks as a strong growth stock, pointing to its appeal across growth and momentum screens and reinforcing the view that ANET remains a high-quality long-term compounder. Article Title
• Positive Sentiment: Another Zacks note said ANET is benefiting from AI infrastructure spending, with hyperscalers expanding networks and driving demand for next-generation Ethernet products, which supports the company’s growth outlook. Article Title
• Positive Sentiment: Wall Street remains constructive on Arista Networks, with multiple analysts reiterating Buy/Overweight ratings and lifting price targets, reflecting confidence in continued revenue and earnings growth.
• Positive Sentiment: Recent earnings were solid, with Arista beating EPS and revenue estimates and posting 35% year-over-year revenue growth, which continues to underpin bullish sentiment.
• Neutral Sentiment: Institutional ownership remains high, and several small new positions were reported, but these filings are unlikely to be a major near-term driver on their own.
• Negative Sentiment: Recent insider sales by CFO Chantelle Yvette Breithaupt, CEO Jayshree Ullal, and major shareholder Andreas Bechtolsheim may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans.

Insiders Place Their Bets

In related news, major shareholder Andreas Bechtolsheim sold 220,000 shares of Arista Networks stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $156.86, for a total value of $34,509,200.00. Following the completion of the sale, the insider owned 182,803,048 shares of the company’s stock, valued at approximately $28,674,486,109.28. This trade represents a 0.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $155.04, for a total value of $2,140,947.36. Following the transaction, the chief executive officer owned 9,917 shares in the company, valued at approximately $1,537,531.68. This trade represents a 58.20% 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 have sold a total of 1,943,142 shares of company stock worth $314,618,583 in the last quarter. Insiders own 2.70% of the company’s stock.

Analyst Upgrades and Downgrades

ANET has been the subject of a number of research reports. Truist Financial set a $175.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. Citigroup dropped their target price on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Barclays reissued an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $185.00 price objective on shares of Arista Networks in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Arista Networks presently has a consensus rating of “Buy” and an average price target of $185.72.

Arista Networks Stock Performance

NYSE:ANET opened at $159.09 on Friday. The company has a market capitalization of $200.33 billion, a PE ratio of 54.48, a P/E/G ratio of 2.39 and a beta of 1.67. The company has a 50 day simple moving average of $147.52 and a two-hundred day simple moving average of $137.61. Arista Networks, Inc. has a fifty-two week low of $83.86 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 EPS for the quarter, topping the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion during 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 quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Research analysts predict 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.