Arista Networks, Inc. $ANET Shares Acquired by Vestcor Inc

Vestcor Inc increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 22.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,837 shares of the technology company’s stock after acquiring an additional 6,842 shares during the quarter. Vestcor Inc’s holdings in Arista Networks were worth $4,958,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ANET. Board of the Pension Protection Fund acquired a new position in shares of Arista Networks in the 4th quarter valued at $26,000. Knuff & Co LLC acquired a new position in shares of Arista Networks in the 3rd quarter valued at $29,000. Ameliora Wealth Management Ltd. acquired a new position in shares of Arista Networks in the 4th quarter valued at $30,000. Quarry LP acquired a new position in shares of Arista Networks in the 3rd quarter valued at $33,000. Finally, Ares Financial Consulting LLC acquired a new position in shares of Arista Networks in the 4th quarter valued at $34,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on ANET shares. TD Cowen reiterated a “buy” rating and issued a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Citigroup lowered their price objective on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and issued a $180.00 price objective on shares of Arista Networks in a research report on Friday, May 1st. Finally, KeyCorp reiterated an “overweight” rating and issued a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $185.72.

Insider Activity at Arista Networks

In other Arista Networks news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the business’s stock in a transaction 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 directly owned 64,408 shares in the company, valued at approximately $10,112,056. The trade was a 3.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the sale, the director owned 200,333 shares in the company, valued at $33,874,306.97. The trade was a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,943,142 shares of company stock worth $314,941,943. 2.70% of the stock is currently owned by insiders.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista’s latest bullish commentary highlighted surging AI networking demand, market leadership, and pricing power, with management/model assumptions pointing to a larger total addressable market and strong revenue growth through 2028. Arista Networks: TAM Expansion And Surging AI Demand
• Positive Sentiment: Several recent pieces emphasized that Arista remains a favorite among growth investors because of AI infrastructure spending, high gross margins, and expectations for continued earnings expansion. US High Growth Tech Stocks with Promising Potential
• Positive Sentiment: Investor interest has stayed elevated, with multiple articles noting ANET’s strong post-earnings performance and continued attention from traders and analysts. Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Some coverage focused on valuation debate after Arista’s strong rally, suggesting investors are weighing rich expectations against its growth profile. Is It Too Late To Consider Arista Networks (ANET) After Its Strong 1-Year Rally?
• Negative Sentiment: A director sold 8,000 shares under a pre-arranged trading plan, which can create mild sentiment pressure even though the sale was not viewed as a surprise. Arista Networks (NYSE:ANET) Director Charles Giancarlo Sells 8,000 Shares

Arista Networks Price Performance

NYSE:ANET opened at $154.23 on Friday. The firm has a market cap of $194.21 billion, a price-to-earnings ratio of 52.82, a price-to-earnings-growth 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. The firm’s fifty day moving average price is $150.97 and its 200 day moving average price is $138.82.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping 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 net margin of 38.32% and a return on equity of 30.10%. The business’s revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal 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.