BNP Paribas Has $9 Million Position in Arista Networks, Inc. $ANET

BNP Paribas boosted its holdings in Arista Networks, Inc. (NYSE:ANET) by 73.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,183 shares of the technology company’s stock after buying an additional 27,497 shares during the period. BNP Paribas’ holdings in Arista Networks were worth $9,001,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Board of the Pension Protection Fund bought a new stake in Arista Networks in the fourth quarter valued at approximately $26,000. Knuff & Co LLC bought a new stake in Arista Networks in the third quarter valued at approximately $29,000. Ameliora Wealth Management Ltd. bought a new stake in Arista Networks in the fourth quarter valued at approximately $30,000. Quarry LP bought a new stake in Arista Networks in the third quarter valued at approximately $33,000. Finally, Ares Financial Consulting LLC bought a new stake in Arista Networks in the fourth quarter valued at approximately $34,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Stock Performance

NYSE ANET opened at $170.91 on Tuesday. The firm has a 50-day moving average of $148.22 and a 200-day moving average of $137.86. The stock has a market cap of $215.20 billion, a PE ratio of 58.53, a P/E/G ratio of 2.46 and a beta of 1.67. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80.

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

Insider Activity at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 220,000 shares of Arista Networks 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 sale, the insider owned 182,803,048 shares in the company, valued at $28,674,486,109.28. The trade was a 0.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of Arista Networks stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total transaction of $384,336.00. Following the completion of the sale, the chief financial officer owned 64,408 shares of the company’s stock, valued at $10,112,056. This trade represents a 3.66% 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 a total of 1,935,142 shares of company stock worth $313,589,223 in the last quarter. 2.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ANET has been the subject of several recent analyst reports. Barclays reaffirmed an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. UBS Group restated a “buy” rating and set a $187.00 price objective (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Evercore restated an “outperform” rating and set a $200.00 price objective on shares of Arista Networks in a report on Friday, February 13th. Needham & Company LLC restated a “buy” rating and set a $185.00 price objective on shares of Arista Networks in a report on Wednesday, May 6th. Finally, TD Cowen restated a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a report on Wednesday, May 6th. 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 stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $185.72.

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.