Mitsubishi UFJ Asset Management Co. Ltd. Purchases 128,521 Shares of Arista Networks, Inc. $ANET

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,216,224 shares of the technology company’s stock after acquiring an additional 128,521 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Arista Networks were worth $296,088,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock worth $13,258,877,000 after purchasing an additional 1,188,799 shares in the last quarter. State Street Corp increased its stake in shares of Arista Networks by 0.5% in the third quarter. State Street Corp now owns 46,342,551 shares of the technology company’s stock valued at $6,752,573,000 after buying an additional 245,976 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Arista Networks by 1.8% in the third quarter. Invesco Ltd. now owns 10,094,255 shares of the technology company’s stock valued at $1,470,834,000 after buying an additional 181,813 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Arista Networks by 82.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after buying an additional 4,332,659 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Arista Networks by 2,829.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock worth $833,630,000 after buying an additional 5,525,828 shares in the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Key Arista Networks News

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

• Positive Sentiment: Q1 beats — Arista posted $0.87 EPS vs. ~$0.81 consensus and revenue of $2.71B (?+35% YoY), showing robust demand for AI/data-center networking which supports longer-term growth expectations. Zacks: Arista Beats Q1
• Positive Sentiment: Q2 EPS guide modestly ahead — management set Q2 EPS at $0.88, above street EPS expectations, suggesting continued profitability and revenue momentum into the next quarter. Business Wire: Q1 Results & Guidance
• Neutral Sentiment: Analyst/media coverage and sentiment — wide coverage (CNBC, Yahoo, Seeking Alpha, Benzinga) highlights both the beat and market reaction; notable commentators (e.g., Jim Cramer) remain bullish on ANET’s AI exposure, which supports interest from growth investors. CNBC: After-Hours Movers
• Negative Sentiment: Gross-margin and guidance nuance — Seeking Alpha and other outlets flagged gross margin landing just below estimates and guidance that, while positive on EPS, wasn’t a clear upside surprise on revenue/margins; that nuance appears to have triggered profit-taking. Seeking Alpha: Margin Note
• Negative Sentiment: After-hours weakness and volatility — multiple outlets report the stock fell sharply in after-hours trading despite the beat, reflecting short-term selling pressure and high expectations baked into ANET’s valuation. Yahoo: Stock Down After Beats
• Negative Sentiment: Insider sale noted — Director Charles Giancarlo sold 8,000 shares under a 10b5?1 plan; while pre-arranged plans are common and not inherently material, some investors treat insider sales as a near-term negative signal. InsiderTrades: Director Sale

Insider Activity at Arista Networks

In related news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction on Friday, April 17th. The stock was sold at an average price of $163.31, for a total transaction of $5,225,920.00. Following the completion of the sale, the insider directly owned 12,976 shares of the company’s stock, valued at $2,119,110.56. The trade was a 71.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total value of $1,378,127.80. Following the completion of the sale, the chief financial officer owned 60,734 shares of the company’s stock, valued at $9,414,984.68. This represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,502,729 shares of company stock worth $246,707,719. 3.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ANET shares. Barclays reissued an “overweight” rating and set a $184.00 price objective (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Wells Fargo & Company raised their price target on shares of Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, February 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $188.00 price objective (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Rosenblatt Securities upgraded Arista Networks from a “neutral” rating to a “buy” rating and increased their price objective for the company from $165.00 to $180.00 in a research report on Tuesday, April 7th. Finally, Weiss Ratings cut Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $178.67.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $170.18 on Wednesday. Arista Networks, Inc. has a one year low of $82.80 and a one year high of $179.80. The company has a 50 day moving average of $142.59 and a 200-day moving average of $137.87. The stock has a market cap of $214.29 billion, a price-to-earnings ratio of 61.66, a P/E/G ratio of 3.03 and a beta of 1.67.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same period in the prior year, the business posted $0.65 earnings per share. Arista Networks’s revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts anticipate that Arista Networks, Inc. will post 3.17 earnings per share 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.