World Investment Advisors Grows Position in Arista Networks, Inc. $ANET

World Investment Advisors increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 51.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 10,402 shares of the technology company’s stock after buying an additional 3,552 shares during the quarter. World Investment Advisors’ holdings in Arista Networks were worth $1,363,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after purchasing an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC purchased a new stake in Arista Networks in the fourth quarter worth approximately $202,000. Bison Wealth LLC purchased a new stake in Arista Networks in the fourth quarter worth approximately $251,000. Sivia Capital Partners LLC grew its position in Arista Networks by 48.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after purchasing an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL grew its position in Arista Networks by 31.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Analysts Set New Price Targets

ANET has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised Arista Networks to a “buy” rating in a report on Wednesday, June 10th. Weiss Ratings lowered Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 15th. Needham & Company LLC reiterated a “buy” rating and set a $185.00 price objective on shares of Arista Networks in a research report on Wednesday, May 6th. Wolfe Research reiterated an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, June 10th. Finally, Truist Financial set a $175.00 target price on Arista Networks in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $187.63.

Insider Buying and Selling at Arista Networks

In other Arista Networks 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 sale, the insider owned 182,543,048 shares of the company’s stock, valued at approximately $30,223,652,457.36. The trade was 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, 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 sale, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. The trade was a 7.59% 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. Insiders have sold 2,603,747 shares of company stock worth $423,901,619 over the last quarter. 2.70% of the stock is owned by company insiders.

Arista Networks Trading Up 0.1%

ANET opened at $169.84 on Friday. Arista Networks, Inc. has a 1-year low of $85.58 and a 1-year high of $179.80. The company has a market capitalization of $213.86 billion, a PE ratio of 58.16, a PEG ratio of 2.62 and a beta of 1.61. The firm’s 50 day simple moving average is $158.10 and its two-hundred day simple moving average is $141.44.

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