Arista Networks, Inc. $ANET Shares Bought by Cache Advisors LLC

Cache Advisors LLC increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 33.7% during the first quarter, Holdings Channel reports. The firm owned 68,307 shares of the technology company’s stock after purchasing an additional 17,201 shares during the period. Arista Networks makes up 1.0% of Cache Advisors LLC’s portfolio, making the stock its 14th largest holding. Cache Advisors LLC’s holdings in Arista Networks were worth $8,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Total Clarity Wealth Management Inc. increased its position in Arista Networks by 1.5% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 17,345 shares of the technology company’s stock worth $2,130,000 after buying an additional 260 shares during the period. Essex Bank grew its holdings in Arista Networks by 2.2% during the 1st quarter. Essex Bank now owns 5,502 shares of the technology company’s stock worth $676,000 after acquiring an additional 119 shares during the last quarter. Robbins Farley increased its position in Arista Networks by 1.4% in the 1st quarter. Robbins Farley now owns 37,167 shares of the technology company’s stock valued at $4,563,000 after acquiring an additional 521 shares in the last quarter. Cornell Pochily Investment Advisors Inc. raised its stake in shares of Arista Networks by 86.6% in the first quarter. Cornell Pochily Investment Advisors Inc. now owns 3,306 shares of the technology company’s stock worth $406,000 after acquiring an additional 1,534 shares during the last quarter. Finally, Anchyra Partners LLC lifted its position in shares of Arista Networks by 0.8% during the first quarter. Anchyra Partners LLC now owns 25,940 shares of the technology company’s stock worth $3,185,000 after purchasing an additional 209 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ANET shares. Needham & Company LLC reiterated a “buy” rating and issued a $185.00 price objective on shares of Arista Networks in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a research report on Wednesday, June 10th. Morgan Stanley reiterated an “overweight” rating and set a $190.00 price target (up from $180.00) on shares of Arista Networks in a research report on Friday, June 12th. Raymond James Financial raised shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target for the company in a research note on Friday, May 15th. Finally, Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $187.63.

Arista Networks Stock Down 6.8%

NYSE ANET opened at $162.61 on Wednesday. The firm’s 50 day moving average is $159.00 and its 200-day moving average is $142.11. The company has a market capitalization of $204.76 billion, a PE ratio of 55.69, a price-to-earnings-growth ratio of 2.69 and a beta of 1.61. Arista Networks, Inc. has a 12-month low of $92.70 and a 12-month high of $179.80.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the company earned $0.65 earnings per share. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, sell-side analysts expect that Arista Networks, Inc. will post 3.27 EPS for the current year.

Key Arista Networks News

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

• Positive Sentiment: Wall Street analyst sentiment remains favorable overall, with articles noting ANET carries an average “Buy” recommendation, which can support confidence in the long-term growth story. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Positive Sentiment: Investor interest in AI networking remains strong, and comparisons with Ciena framed ANET as a leading beneficiary of booming demand for high-speed networking infrastructure. Ciena vs. Arista Networks: Which AI Networking Stock is the Better Buy?
• Neutral Sentiment: Multiple reports asked whether ANET is still a good investment, but these pieces mainly revisited analyst ratings and valuation rather than introducing a new company-specific catalyst. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Negative Sentiment: The main pressure on ANET appears to be recent underperformance versus the market and peers, suggesting investors may be taking profits after a strong run. Arista Networks Inc. stock underperforms Tuesday when compared to competitors

Insider Activity

In other news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. This trade represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. The trade was a 7.59% 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. Over the last three months, insiders sold 2,603,747 shares of company stock worth $423,901,619. Insiders own 2.70% of the company’s stock.

Arista Networks Company 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.