Arista Networks, Inc. $ANET Shares Acquired by Talos Eurisko Asset Management LP

Talos Eurisko Asset Management LP raised its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 23.8% in the 4th quarter, HoldingsChannel reports. The firm owned 722,600 shares of the technology company’s stock after buying an additional 139,000 shares during the period. Arista Networks makes up approximately 16.8% of Talos Eurisko Asset Management LP’s holdings, making the stock its largest holding. Talos Eurisko Asset Management LP’s holdings in Arista Networks were worth $94,682,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ANET. Norges Bank acquired a new stake in Arista Networks during the 4th quarter valued at $1,558,563,000. Arrowstreet Capital Limited Partnership lifted its holdings in Arista Networks by 82.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after purchasing an additional 4,332,659 shares during the last quarter. M&T Bank Corp lifted its holdings in Arista Networks by 3,182.7% during the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after purchasing an additional 3,890,146 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Arista Networks by 59.3% during the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after purchasing an additional 2,934,098 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in Arista Networks by 310.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,280,122 shares of the technology company’s stock valued at $298,868,000 after purchasing an additional 1,724,758 shares during the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This trade represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 240,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $163.06, for a total value of $39,134,400.00. Following the completion of the transaction, the insider owned 331,848 shares in the company, valued at $54,111,134.88. The trade was a 41.97% 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. Over the last quarter, insiders have sold 2,343,747 shares of company stock worth $380,853,419. Company insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

Shares of NYSE ANET opened at $169.20 on Tuesday. Arista Networks, Inc. has a 52 week low of $85.58 and a 52 week high of $179.80. The stock has a market capitalization of $213.06 billion, a P/E ratio of 57.94, a PEG ratio of 2.52 and a beta of 1.61. The stock’s fifty day moving average is $155.28 and its 200 day moving average is $140.43.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ANET shares. Susquehanna raised Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Wolfe Research reiterated an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, June 10th. Piper Sandler reiterated an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Finally, Morgan Stanley reiterated 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. Two 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. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $186.47.

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.