Mizuho Markets Cayman LP Decreases Holdings in Arista Networks, Inc. $ANET

Mizuho Markets Cayman LP reduced its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 81.2% in the 1st quarter, HoldingsChannel reports. The fund owned 5,969 shares of the technology company’s stock after selling 25,837 shares during the quarter. Mizuho Markets Cayman LP’s holdings in Arista Networks were worth $733,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ANET. Lighthouse Financial Services Inc. ADV acquired a new stake in Arista Networks during the fourth quarter worth approximately $1,549,000. Bensler LLC acquired a new position in shares of Arista Networks in the 4th quarter valued at $6,350,000. QRG Capital Management Inc. boosted its holdings in shares of Arista Networks by 6.4% in the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock valued at $22,224,000 after buying an additional 10,217 shares in the last quarter. Jefferies Financial Group Inc. grew its position in shares of Arista Networks by 59.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after buying an additional 6,591 shares during the last quarter. Finally, Reaves W H & Co. Inc. purchased a new position in shares of Arista Networks in the 4th quarter valued at $3,058,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 242,422 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $188.17, for a total transaction of $45,616,547.74. Following the transaction, the chief executive officer owned 5,171,095 shares of the company’s stock, valued at $973,044,946.15. This trade represents a 4.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 260,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the transaction, the insider owned 182,543,048 shares in the company, valued at $30,223,652,457.36. This trade represents a 0.14% 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. Insiders have sold a total of 2,264,983 shares of company stock valued at $376,175,065 over the last quarter. 2.70% of the stock is currently owned by insiders.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $175.15 on Thursday. The stock has a market cap of $220.55 billion, a P/E ratio of 59.98, a P/E/G ratio of 2.68 and a beta of 1.60. The firm has a fifty day moving average price of $163.73 and a 200 day moving average price of $148.22. Arista Networks, Inc. has a 1-year low of $111.00 and a 1-year high of $189.82.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Arista Networks News Summary

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

• Positive Sentiment: Needham raised its price target on Arista Networks to $200 from $185 and kept a buy rating, signaling confidence in additional upside for the stock. Benzinga article
• Positive Sentiment: Arista launched an AI-driven zero trust security solution for VeloCloud SD-WAN, expanding beyond data-center networking into enterprise branch security and potentially broadening its addressable market. Arista Networks Introduces AI-Driven Zero Trust Branch
• Positive Sentiment: Multiple analyst-style pieces highlighted Arista as a top-ranked growth stock and a candidate to beat earnings estimates, reinforcing expectations for strong AI- and cloud-driven demand. 4 Internet Stocks Poised to Top Estimates This Earnings Season
• Positive Sentiment: Recent coverage also pointed to Arista’s strong AI exposure and exponential growth narrative, which can support valuation and keep sentiment constructive into the next earnings report. Arista Networks (ANET) Strengthens from Exponential Growth in AI
• Neutral Sentiment: Several duplicate and trend-following articles noted that ANET is a widely watched stock, but these pieces were largely commentary rather than new fundamental information.
• Negative Sentiment: One Trefis article flagged the company’s halted buybacks and rising purchase commitments, suggesting management is prioritizing future growth over shareholder returns and taking on meaningful execution risk. How Much Upside Can ANET Stock’s Growth Deliver?

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ANET shares. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Truist Financial set a $175.00 price objective on Arista Networks in a report on Wednesday, May 6th. Wells Fargo & Company reiterated an “overweight” rating and set a $200.00 target price (up from $185.00) on shares of Arista Networks in a research report on Thursday, July 16th. Barclays reissued an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Finally, Piper Sandler reissued an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Arista Networks presently has an average rating of “Buy” and an average price target of $189.74.

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.