Pacer Advisors Inc. Buys 60,516 Shares of Arista Networks, Inc. $ANET

Pacer Advisors Inc. grew its stake in Arista Networks, Inc. (NYSE:ANET) by 11.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 583,521 shares of the technology company’s stock after buying an additional 60,516 shares during the quarter. Pacer Advisors Inc.’s holdings in Arista Networks were worth $76,459,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. raised its position in shares of Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after buying an additional 70 shares in the last quarter. United Asset Strategies Inc. grew its position in Arista Networks by 1.2% in the fourth quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock worth $827,000 after acquiring an additional 72 shares in the last quarter. West Family Investments Inc. grew its position in Arista Networks by 0.9% in the third quarter. West Family Investments Inc. now owns 8,364 shares of the technology company’s stock worth $1,219,000 after acquiring an additional 76 shares in the last quarter. Personal CFO Solutions LLC grew its position in Arista Networks by 3.2% in the fourth quarter. Personal CFO Solutions LLC now owns 2,429 shares of the technology company’s stock worth $318,000 after acquiring an additional 76 shares in the last quarter. Finally, Clark Financial Services Group Inc. BD increased its stake in Arista Networks by 2.2% in the fourth quarter. Clark Financial Services Group Inc. BD now owns 3,776 shares of the technology company’s stock valued at $518,000 after acquiring an additional 80 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ANET. Needham & Company LLC restated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Citigroup cut their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. TD Cowen reiterated a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Barclays reissued an “overweight” rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Finally, Rosenblatt Securities boosted their target price on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Arista Networks presently has an average rating of “Buy” and a consensus price target of $187.63.

Insider Activity

In related news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the completion of the sale, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This represents a 7.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. The trade was a 0.14% 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. In the last quarter, insiders sold 2,603,747 shares of company stock worth $423,901,619. Company insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

ANET stock opened at $169.84 on Friday. The firm has a market cap of $213.86 billion, a P/E ratio of 58.16, a P/E/G ratio of 2.54 and a beta of 1.61. The firm’s fifty day moving average is $157.61 and its 200 day moving average is $141.24. Arista Networks, Inc. has a 52 week low of $85.58 and a 52 week high of $179.80.

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

Arista Networks News Roundup

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

• Positive Sentiment: Wolfe Research reaffirmed an Outperform rating on Arista Networks with a $175 price target, following discussions with management that reinforced confidence in the company’s growth outlook. Wolfe Research Reaffirms Bullish View on Arista Networks (ANET) With $175 Price Target
• Positive Sentiment: KeyBanc’s bullish stance highlights Arista as a beneficiary of strong AI-related networking demand, which supports the company’s long-term data center growth story. Arista sees bullish views at KeyBanc on AI demand
• Positive Sentiment: Recent coverage continues to frame Arista as a key player in AI infrastructure and data center switching, keeping investor interest elevated in the stock. Why Is Arista Networks Driving S&P 500 AI Infrastructure Growth?
• Neutral Sentiment: Nvidia taking the top spot in the data center Ethernet switching market underscores how competitive the AI networking space has become, though it also reinforces the size of the market Arista is targeting. Nvidia Overtakes Rivals in Data Center Switching Market
• Neutral Sentiment: Arista remains in focus after a strong multi-month run, with some commentary asking whether the stock has already priced in much of the good news. Arista Networks (ANET) Stock After 87% Annual Gain Is It Time To Pause?
• Negative Sentiment: Major shareholder Andreas Bechtolsheim sold 260,000 shares in a pre-arranged Rule 10b5-1 transaction, which may create modest pressure on sentiment even though the sale was small relative to his holdings. SEC filing for Andreas Bechtolsheim transaction
• Negative Sentiment: Recent market coverage noted that ANET declined more than the broader market, suggesting some short-term profit-taking after its powerful run. Arista Networks (ANET) Declines More Than Market: Some Information for Investors

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.