SHUTTLEWORTH & Co Buys Shares of 11,297 Arista Networks, Inc. $ANET

SHUTTLEWORTH & Co bought a new stake in shares of Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 11,297 shares of the technology company’s stock, valued at approximately $1,480,000.

Several other institutional investors have also recently added to or reduced their stakes in ANET. Brighton Jones LLC increased its stake in Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after purchasing an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in Arista Networks during the fourth quarter valued at $202,000. Bison Wealth LLC bought a new stake in Arista Networks during the fourth quarter valued at $251,000. Sivia Capital Partners LLC grew its position in shares of Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after acquiring an additional 3,496 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its position in shares of Arista Networks by 31.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Barclays restated an “overweight” rating and set a $195.00 price target (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. UBS Group restated a “buy” rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Bank of America upped their price target on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a research report on Wednesday. Finally, Needham & Company LLC restated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $186.47.

More Arista Networks News

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

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

Insiders Place Their Bets

In related news, major shareholder Andreas Bechtolsheim sold 220,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $157.93, for a total value of $34,744,600.00. Following the completion of the sale, the insider owned 111,848 shares of the company’s stock, valued at $17,664,154.64. This represents a 66.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total transaction of $2,140,947.36. Following the completion of the sale, the chief executive officer directly owned 9,917 shares of the company’s stock, valued at $1,537,531.68. The trade was a 58.20% decrease in their position. 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 2,401,747 shares of company stock valued at $388,633,539. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Up 0.1%

ANET stock opened at $163.38 on Monday. The company has a market capitalization of $205.73 billion, a P/E ratio of 55.95, a PEG ratio of 2.52 and a beta of 1.61. The company has a 50-day simple moving average of $154.43 and a 200 day simple moving average of $140.12. Arista Networks, Inc. has a fifty-two week low of $85.58 and a fifty-two week high of $179.80.

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

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.