Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. Purchases Shares of 6,433 Arista Networks, Inc. $ANET

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new stake in Arista Networks, Inc. (NYSE:ANET) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,433 shares of the technology company’s stock, valued at approximately $843,000. Arista Networks accounts for about 1.3% of Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s portfolio, making the stock its 19th biggest position.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Arista Networks by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after acquiring an additional 1,188,799 shares during the period. State Street Corp raised its holdings in Arista Networks by 0.5% in the 3rd quarter. State Street Corp now owns 46,342,551 shares of the technology company’s stock valued at $6,752,573,000 after acquiring an additional 245,976 shares during the period. Geode Capital Management LLC raised its holdings in Arista Networks by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock valued at $3,455,095,000 after acquiring an additional 477,625 shares during the period. Invesco Ltd. raised its holdings in Arista Networks by 1.8% in the 3rd quarter. Invesco Ltd. now owns 10,094,255 shares of the technology company’s stock valued at $1,470,834,000 after acquiring an additional 181,813 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Arista Networks by 82.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after acquiring an additional 4,332,659 shares during the period. 82.47% of the stock is owned by institutional investors.

Arista Networks Stock Up 0.6%

ANET opened at $155.21 on Friday. The stock has a market capitalization of $195.44 billion, a price-to-earnings ratio of 53.15, a P/E/G ratio of 2.37 and a beta of 1.67. Arista Networks, Inc. has a twelve month low of $83.86 and a twelve month high of $179.80. The company has a 50-day simple moving average of $147.06 and a 200 day simple moving average of $137.46.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. The firm 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%. The business’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period last year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts anticipate that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Ratings Changes

ANET has been the topic of several research analyst reports. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Evercore reaffirmed an “outperform” rating and set a $200.00 target price on shares of Arista Networks in a report on Friday, February 13th. Truist Financial set a $175.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Needham & Company LLC reiterated a “buy” rating and issued a $185.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, TD Cowen reissued a “buy” rating and set a $200.00 price target (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $185.72.

Insider Buying and Selling at Arista Networks

In related news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total transaction of $384,336.00. Following the sale, the chief financial officer owned 64,408 shares in the company, valued at approximately $10,112,056. This trade represents a 3.66% decrease in their position. The transaction 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, Director Kelly Bodnar Battles sold 422 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total transaction of $61,797.68. Following the sale, the director owned 10,078 shares in the company, valued at $1,475,822.32. This represents a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,943,142 shares of company stock worth $314,618,583 in the last three months. Company insiders own 2.70% of the company’s stock.

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.