Intech Investment Management LLC Increases Stock Holdings in Arista Networks, Inc. $ANET

Intech Investment Management LLC boosted its stake in Arista Networks, Inc. (NYSE:ANET) by 68.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 153,280 shares of the technology company’s stock after purchasing an additional 62,429 shares during the quarter. Intech Investment Management LLC’s holdings in Arista Networks were worth $20,084,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. boosted its stake 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 purchasing an additional 70 shares in the last quarter. United Asset Strategies Inc. raised its stake 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 buying an additional 72 shares in the last quarter. West Family Investments Inc. lifted its holdings 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 buying an additional 76 shares during the period. Personal CFO Solutions LLC lifted its holdings 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 buying an additional 76 shares during the period. Finally, Clark Financial Services Group Inc. BD boosted its position in Arista Networks by 2.2% during the 4th 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 in the last quarter. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Susquehanna raised Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Morgan Stanley restated an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research report on Friday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $185.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Piper Sandler reissued 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, Barclays restated an “overweight” rating and set a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Arista Networks has a consensus rating of “Buy” and a consensus price target of $185.72.

Insider Activity at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 220,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $156.86, for a total transaction of $34,509,200.00. Following the sale, the insider owned 182,803,048 shares in the company, valued at $28,674,486,109.28. This represents a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.04, for a total transaction of $2,140,947.36. Following the sale, the chief executive officer directly owned 9,917 shares of the company’s stock, valued at $1,537,531.68. This trade represents a 58.20% decrease in their position. 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. Insiders sold a total of 1,943,142 shares of company stock worth $314,618,583 in the last ninety days. 2.70% of the stock is currently owned by company insiders.

Arista Networks Stock Up 0.6%

Arista Networks stock opened at $155.21 on Friday. Arista Networks, Inc. has a twelve month low of $83.86 and a twelve month high of $179.80. The company has a market capitalization of $195.44 billion, a P/E ratio of 53.15, a PEG ratio of 2.37 and a beta of 1.67. The stock’s 50 day moving average is $147.06 and its 200 day moving average is $137.46.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter 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, equities analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current year.

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.