Rice Partnership LLC Sells 30,399 Shares of Arista Networks, Inc. $ANET

Rice Partnership LLC lessened its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 39.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 47,254 shares of the technology company’s stock after selling 30,399 shares during the period. Rice Partnership LLC’s holdings in Arista Networks were worth $6,192,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Arista Networks by 0.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after acquiring an additional 70 shares in the last quarter. United Asset Strategies Inc. raised its stake in shares of Arista Networks by 1.2% during the fourth quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock valued at $827,000 after acquiring an additional 72 shares in the last quarter. West Family Investments Inc. raised its stake 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 in the last quarter. Personal CFO Solutions LLC raised its stake 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 in the last quarter. Finally, Clark Financial Services Group Inc. BD raised 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 worth $518,000 after buying an additional 80 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ANET. Weiss Ratings raised shares of Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Raymond James Financial raised shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective for the company in a research note on Friday, May 15th. JPMorgan Chase & Co. boosted 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. Finally, Zacks Research downgraded shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $185.72.

Arista Networks Stock Performance

Arista Networks stock opened at $175.43 on Wednesday. The stock has a 50-day moving average of $148.22 and a two-hundred day moving average of $137.86. Arista Networks, Inc. has a one year low of $85.58 and a one year high of $179.80. The stock has a market cap of $220.90 billion, a PE ratio of 60.08, a price-to-earnings-growth ratio of 2.63 and a beta of 1.61.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $2.62 billion. During the same period last year, the business posted $0.65 earnings per share. The firm’s 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, sell-side analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Insider Buying and Selling

In other Arista Networks news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total value of $384,336.00. Following the completion of the sale, the chief financial officer directly owned 64,408 shares in the company, valued at approximately $10,112,056. This trade represents a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 220,000 shares of the business’s stock in a transaction 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 directly owned 182,803,048 shares in the company, valued at $28,674,486,109.28. This trade represents a 0.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,935,142 shares of company stock valued at $313,589,223 in the last 90 days. 2.70% of the stock is owned by insiders.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista’s shareholder meeting produced no signs of governance trouble: investors backed the board, executive pay and auditor, which helps reinforce stability and continuity at the company. Arista Networks Shareholders Back Board, Pay and Auditor
• Positive Sentiment: Coverage around Arista’s presentation at the William Blair Growth Stock Conference keeps attention on its AI networking growth story and helps support bullish sentiment. Arista Networks, Inc. (ANET) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Positive Sentiment: Articles highlighting Arista as a beneficiary of continued AI infrastructure spending suggest investors still see upside in demand for high-speed networking gear. Is the Arista Networks Post-Earnings Dip a Good Buying Opportunity?
• Positive Sentiment: Broader strength in networking stocks, including Cisco’s move to record highs on AI and cybersecurity demand, is spilling over into Arista and supporting the group’s valuation. Cisco Advances 5% to Record Highs on AI Cybersecurity Push, Arista Climbs as Networking Trade Extends
• Neutral Sentiment: Market commentary comparing ANET with the Nasdaq and other peers mainly reflects ongoing valuation discussion rather than a clear new catalyst. Is Arista Networks stock outperforming the Nasdaq?
• Neutral Sentiment: Some analysts and strategists are cautioning that Arista’s strong run may already reflect a lot of future growth, which could limit upside if AI spending slows. How To Earn 12% While Waiting For Arista Stock To Fall

Arista Networks Company 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.