Arista Networks, Inc. $ANET Shares Bought by Korea Investment CORP

Korea Investment CORP grew its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 865,234 shares of the technology company’s stock after acquiring an additional 4,997 shares during the quarter. Korea Investment CORP owned about 0.07% of Arista Networks worth $113,372,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Knuff & Co LLC purchased a new stake in shares of Arista Networks during the 3rd quarter worth about $29,000. Board of the Pension Protection Fund purchased a new stake in shares of Arista Networks during the 4th quarter worth about $26,000. Quarry LP purchased a new stake in shares of Arista Networks during the 3rd quarter worth about $33,000. Ameliora Wealth Management Ltd. purchased a new stake in shares of Arista Networks during the 4th quarter worth about $30,000. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Arista Networks during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ANET shares. Morgan Stanley reiterated an “overweight” rating and set a $190.00 target price (up from $180.00) on shares of Arista Networks in a report on Friday. KeyCorp reiterated an “overweight” rating and set a $178.00 target price (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Rosenblatt Securities upped their price target on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wells Fargo & Company upped their price target on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Finally, Bank of America upped 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. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Arista Networks has a consensus rating of “Buy” and a consensus price target of $186.47.

Arista Networks Stock Up 4.5%

NYSE ANET opened at $163.38 on Friday. The stock has a market cap of $205.73 billion, a PE ratio of 55.95, a P/E/G ratio of 2.41 and a beta of 1.61. Arista Networks, Inc. has a fifty-two week low of $85.58 and a fifty-two week high of $179.80. The business has a 50 day moving average price of $154.43 and a two-hundred day moving average price of $139.99.

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

Key Stories Impacting Arista Networks

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 Activity

In other news, insider Kenneth Duda sold 32,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total transaction of $4,292,480.00. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at approximately $1,740,600.64. This represents a 71.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Andreas Bechtolsheim sold 240,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $163.06, for a total value of $39,134,400.00. Following the transaction, the insider owned 331,848 shares of the company’s stock, valued at approximately $54,111,134.88. This trade 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. In the last three months, insiders sold 2,403,142 shares of company stock worth $388,820,943. 2.70% of the stock is currently owned by insiders.

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.