Trilogy Capital Inc. Increases Holdings in Arista Networks, Inc. $ANET

Trilogy Capital Inc. lifted its holdings in Arista Networks, Inc. (NYSE:ANET) by 10.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,203 shares of the technology company’s stock after acquiring an additional 3,895 shares during the period. Trilogy Capital Inc.’s holdings in Arista Networks were worth $5,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ANET. Board of the Pension Protection Fund bought a new stake in Arista Networks during the fourth quarter worth approximately $26,000. Sankala Group LLC bought a new stake in shares of Arista Networks in the 4th quarter valued at approximately $27,000. Prosperity Bancshares Inc bought a new stake in shares of Arista Networks in the 4th quarter valued at approximately $28,000. Knuff & Co LLC purchased a new position in shares of Arista Networks in the 3rd quarter worth approximately $29,000. Finally, Ameliora Wealth Management Ltd. purchased a new position in shares of Arista Networks in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on ANET shares. Bank of America increased their price target on Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a report on Monday, June 8th. JPMorgan Chase & Co. lifted their price objective on shares of Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Citigroup dropped their price objective on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Finally, UBS Group reissued a “buy” rating and issued a $187.00 target price (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two 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. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $187.63.

Arista Networks Stock Performance

ANET opened at $157.80 on Friday. The stock’s 50 day moving average price is $159.49 and its 200-day moving average price is $142.71. Arista Networks, Inc. has a one year low of $97.14 and a one year high of $179.80. The stock has a market cap of $198.70 billion, a price-to-earnings ratio of 54.04, a P/E/G ratio of 2.43 and a beta of 1.61.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (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 firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same period last year, the company earned $0.65 EPS. Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the transaction, the insider directly owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. This represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total transaction of $384,336.00. Following the completion of the transaction, the chief financial officer directly owned 64,408 shares in the company, valued at $10,112,056. This represents a 3.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,647,080 shares of company stock valued at $431,329,762. Insiders own 2.70% of the company’s stock.

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.