VCI Wealth Management LLC Invests $1.06 Million in Arista Networks, Inc. $ANET

VCI Wealth Management LLC purchased a new stake in Arista Networks, Inc. (NYSE:ANET) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,639 shares of the technology company’s stock, valued at approximately $1,061,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Northeast Investment Management boosted its holdings in shares of Arista Networks by 20.1% in the first quarter. Northeast Investment Management now owns 18,414 shares of the technology company’s stock valued at $2,261,000 after buying an additional 3,087 shares during the period. Falcon Wealth Planning increased its position in shares of Arista Networks by 27.8% in the first quarter. Falcon Wealth Planning now owns 2,140 shares of the technology company’s stock valued at $263,000 after acquiring an additional 465 shares during the last quarter. Louisiana State Employees Retirement System bought a new stake in shares of Arista Networks during the 1st quarter worth approximately $6,458,000. Hoxton Planning & Management LLC lifted its stake in Arista Networks by 4.1% in the first quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after acquiring an additional 68 shares during the last quarter. Finally, Silver Oak Securities Incorporated lifted its stake in Arista Networks by 4.1% in the 1st quarter. Silver Oak Securities Incorporated now owns 16,767 shares of the technology company’s stock valued at $2,059,000 after purchasing an additional 658 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ANET. UBS Group reaffirmed a “buy” rating and issued a $187.00 price objective (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and issued a $190.00 price objective (up from $180.00) on shares of Arista Networks in a research report on Friday, June 12th. TD Cowen restated a “buy” rating and set a $200.00 target price (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Finally, Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Two 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 MarketBeat, Arista Networks has an average rating of “Buy” and an average target price of $187.63.

Insiders Place Their Bets

In related news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the stock in a transaction that occurred on 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 sale, the insider owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. This represents a 0.14% decrease in their ownership of the stock. The sale 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 stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total value of $2,140,947.36. Following the sale, the chief executive officer directly owned 9,917 shares in the company, valued at $1,537,531.68. This represents a 58.20% 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 sold a total of 2,647,080 shares of company stock valued at $431,329,762 in the last quarter. Company insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

ANET stock opened at $157.80 on Friday. Arista Networks, Inc. has a 52 week low of $97.14 and a 52 week high of $179.80. The company has a market capitalization of $198.70 billion, a PE ratio of 54.04, a price-to-earnings-growth ratio of 2.55 and a beta of 1.61. The company’s 50-day simple moving average is $159.49 and its 200 day simple moving average is $142.71.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the company earned $0.65 EPS. The business’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, analysts forecast that Arista Networks, Inc. will post 3.27 EPS for the current year.

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.