Aware Super Pty Ltd as trustee of Aware Super Takes Position in Arista Networks, Inc. $ANET

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Arista Networks, Inc. (NYSE:ANET) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 359,688 shares of the technology company’s stock, valued at approximately $44,162,000. Arista Networks comprises approximately 0.7% of Aware Super Pty Ltd as trustee of Aware Super’s investment portfolio, making the stock its 27th biggest position.

A number of other hedge funds have also recently made changes to their positions in ANET. Intrua Financial LLC grew its stake in Arista Networks by 2.7% in the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after purchasing an additional 61 shares during the last quarter. NBT Bank N A NY raised its holdings in Arista Networks by 37.2% in the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after purchasing an additional 67 shares in the last quarter. Hoxton Planning & Management LLC lifted its position in shares of Arista Networks by 4.1% during the first quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after buying an additional 68 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position 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 buying an additional 70 shares during the last quarter. Finally, Y.D. More Investments Ltd boosted its holdings in shares of Arista Networks by 8.7% in the 1st quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock valued at $107,000 after buying an additional 70 shares in the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks News Roundup

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

• Positive Sentiment: Analysts and market commentary continue to position Arista as an AI infrastructure winner, citing strong demand for data-center networking, backlog strength, and the likelihood that AI spending will keep driving growth. UBS sees data center investments to drive demand but supply constraints persist
• Positive Sentiment: Arista was highlighted as a high-growth, wide-moat stock and one of the infrastructure names best positioned to address AI bottlenecks, reinforcing confidence in its long-term competitive position. Beyond the Foundry: 5 Infrastructure Stocks Tackling the AI Bottlenecks
• Positive Sentiment: Technical commentary says ANET has been showing strong momentum and setting new highs, which can attract trend-following buyers. Arista Networks stock looks technically strong as it sets new all-time highs
• Positive Sentiment: Arista was upgraded by Erste Group Bank to a buy rating, adding to bullish analyst sentiment. Arista Networks upgraded by Erste Group Bank to Buy
• Neutral Sentiment: CEO Jayshree Ullal sold shares under a pre-arranged 10b5-1 plan. The sale was disclosed normally and does not necessarily point to a change in fundamentals, but it can temper sentiment. SEC filing
• Negative Sentiment: A recent note said ANET underperformed the broader market in the prior session, underscoring that the stock can still see short-term pullbacks despite strong long-term AI demand. Arista Networks suffers a larger drop than the general market

Arista Networks Stock Down 2.2%

ANET stock opened at $168.12 on Friday. The firm has a 50 day moving average of $161.22 and a 200 day moving average of $147.10. The stock has a market capitalization of $211.69 billion, a PE ratio of 57.57, a price-to-earnings-growth ratio of 2.65 and a beta of 1.60. Arista Networks, Inc. has a 52 week low of $106.99 and a 52 week high of $189.82.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results 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 business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Rosenblatt Securities increased their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Barclays reissued an “overweight” rating and set a $195.00 target price (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $185.00 price target on shares of Arista Networks in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upped their price target on Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $188.95.

Insider Activity at Arista Networks

In other news, CEO Jayshree Ullal sold 234,578 shares of the business’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $187.18, for a total transaction of $43,908,310.04. Following the sale, the chief executive officer directly owned 5,134,207 shares of the company’s stock, valued at $961,020,866.26. The trade was a 4.37% decrease in their ownership of the stock. The sale 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, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $167.06, for a total value of $1,336,480.00. Following the completion of the transaction, the director directly owned 192,333 shares in the company, valued at approximately $32,131,150.98. The trade was a 3.99% 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. Over the last ninety days, insiders have sold 3,092,983 shares of company stock valued at $519,161,650. 2.70% of the stock is currently owned by corporate insiders.

About Arista Networks

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.