National Pension Service Has $394.72 Million Stock Position in Arista Networks, Inc. $ANET

National Pension Service lowered its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 2.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,012,415 shares of the technology company’s stock after selling 82,776 shares during the period. National Pension Service’s holdings in Arista Networks were worth $394,717,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lighthouse Financial Services Inc. ADV bought a new stake in Arista Networks during the 4th quarter worth $1,549,000. Bensler LLC bought a new stake in Arista Networks during the 4th quarter worth $6,350,000. QRG Capital Management Inc. grew its position in Arista Networks by 6.4% during the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after acquiring an additional 10,217 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its position in Arista Networks by 38.3% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 662,139 shares of the technology company’s stock worth $96,480,000 after acquiring an additional 183,515 shares during the last quarter. Finally, Czech National Bank grew its position in Arista Networks by 4.0% during the 4th quarter. Czech National Bank now owns 272,284 shares of the technology company’s stock worth $35,677,000 after acquiring an additional 10,525 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ANET. Morgan Stanley restated an “overweight” rating and set a $180.00 price objective on shares of Arista Networks in a research report on Friday, May 1st. Piper Sandler reaffirmed an “overweight” rating and set a $181.00 target price (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Susquehanna upgraded Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Truist Financial set a $175.00 price target on Arista Networks in a research report on Wednesday, May 6th. Finally, Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target on the stock in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $185.72.

Arista Networks Trading Up 0.6%

NYSE ANET opened at $155.21 on Friday. The business’s 50-day moving average price is $147.06 and its two-hundred day moving average price is $137.46. Arista Networks, Inc. has a 12 month low of $83.86 and a 12 month high of $179.80. The firm has a market capitalization of $195.44 billion, a PE ratio of 53.15, a price-to-earnings-growth ratio of 2.37 and a beta of 1.67.

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 firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the company posted $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. As a group, analysts forecast that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Kenneth Duda sold 32,000 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $163.31, for a total value of $5,225,920.00. Following the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at $2,119,110.56. The trade was a 71.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 dated Tuesday, May 26th. The shares were sold at an average price of $156.86, for a total value of $34,509,200.00. Following the completion of the transaction, the insider directly 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,943,142 shares of company stock valued at $314,618,583 in the last ninety days. 2.70% of the stock is owned by company insiders.

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.