Meeder Advisory Services Inc. Raises Holdings in Arista Networks, Inc. $ANET

Meeder Advisory Services Inc. lifted its position in shares of Arista Networks, Inc. (NYSE:ANET) by 14.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 31,078 shares of the technology company’s stock after acquiring an additional 3,827 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Arista Networks were worth $3,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in Arista Networks by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,135,435 shares of the technology company’s stock valued at $262,063,000 after purchasing an additional 45,743 shares during the last quarter. NWK Group Inc. bought a new position in Arista Networks during the first quarter worth about $5,825,000. Resolute Wealth Strategies LLC increased its stake in shares of Arista Networks by 12.3% in the first quarter. Resolute Wealth Strategies LLC now owns 1,886 shares of the technology company’s stock worth $232,000 after purchasing an additional 206 shares in the last quarter. True North Advisors LLC increased its stake in shares of Arista Networks by 208.9% in the first quarter. True North Advisors LLC now owns 11,797 shares of the technology company’s stock worth $1,448,000 after purchasing an additional 7,978 shares in the last quarter. Finally, SEB Asset Management AB bought a new stake in shares of Arista Networks in the first quarter valued at approximately $93,224,000. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Needham & Company LLC restated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Citigroup reduced 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. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a report on Wednesday, July 15th. Morgan Stanley restated an “overweight” rating and set a $190.00 target price (up from $180.00) on shares of Arista Networks in a research report on Friday, June 12th. Finally, Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $188.95.

Arista Networks Trading Down 0.0%

Shares of Arista Networks stock opened at $168.60 on Monday. The company’s 50-day moving average price is $161.75 and its 200-day moving average price is $147.34. Arista Networks, Inc. has a 12-month low of $106.99 and a 12-month high of $189.82. The company has a market cap of $212.30 billion, a price-to-earnings ratio of 57.74, a PEG ratio of 2.59 and a beta of 1.60.

Arista Networks (NYSE:ANET) last posted its 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. 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 for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the prior year, the firm posted $0.65 EPS. 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. On average, sell-side analysts predict that Arista Networks, Inc. will post 3.28 earnings per share for the current year.

Insider Buying and Selling at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the completion of the transaction, the insider directly owned 182,543,048 shares in the company, valued at $30,223,652,457.36. The trade was a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. This represents a 7.59% 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 ninety days, insiders sold 2,786,844 shares of company stock worth $467,941,533. 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.