O Shaughnessy Asset Management LLC Boosts Holdings in Arista Networks, Inc. $ANET

O Shaughnessy Asset Management LLC raised its position in Arista Networks, Inc. (NYSE:ANET) by 4.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 145,787 shares of the technology company’s stock after buying an additional 6,400 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Arista Networks were worth $19,102,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Knuff & Co LLC purchased a new stake in shares of Arista Networks in the third quarter valued at about $29,000. Board of the Pension Protection Fund acquired a new stake in Arista Networks in the fourth quarter valued at about $26,000. Quarry LP purchased a new stake in Arista Networks in the 3rd quarter valued at approximately $33,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks during the 4th quarter worth approximately $30,000. Finally, Ares Financial Consulting LLC acquired a new position in Arista Networks during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 240,000 shares of Arista Networks stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $163.06, for a total transaction of $39,134,400.00. Following the completion of the transaction, the insider owned 331,848 shares in the company, valued at approximately $54,111,134.88. The trade was a 41.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total transaction of $4,292,480.00. Following the completion of the sale, the insider directly owned 12,976 shares in the company, valued at $1,740,600.64. This trade represents a 71.15% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,183,142 shares of company stock worth $354,076,343. 2.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ANET has been the subject of several recent analyst reports. Raymond James Financial raised Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target for the company in a report on Friday, May 15th. The Goldman Sachs Group reiterated a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Rosenblatt Securities upped their price target on shares of Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $180.00 price objective on shares of Arista Networks in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $186.47.

Arista Networks Stock Performance

Shares of ANET stock opened at $156.32 on Tuesday. The stock has a fifty day moving average price of $151.65 and a 200 day moving average price of $139.13. The stock has a market cap of $196.83 billion, a PE ratio of 53.53, a P/E/G ratio of 2.38 and a beta of 1.61. Arista Networks, Inc. has a 1 year low of $85.58 and a 1 year 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 for the quarter, beating the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks’s revenue was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current 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.