Harel Insurance Investments & Financial Services Ltd. Increases Position in Arista Networks, Inc. $ANET

Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Arista Networks, Inc. (NYSE:ANET) by 35.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,540 shares of the technology company’s stock after buying an additional 4,100 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Arista Networks were worth $2,036,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its stake in Arista Networks by 2,829.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock valued at $833,630,000 after purchasing an additional 5,525,828 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in 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 purchasing an additional 4,332,659 shares during the last quarter. M&T Bank Corp lifted its stake in Arista Networks by 3,182.7% in the fourth quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after purchasing an additional 3,890,146 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in Arista Networks by 310.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,280,122 shares of the technology company’s stock valued at $298,868,000 after purchasing an additional 1,724,758 shares during the last quarter. Finally, Vanguard Group Inc. lifted 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 valued at $13,258,877,000 after purchasing an additional 1,188,799 shares during the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Evercore reiterated an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a research note on Friday, February 13th. KeyCorp reiterated an “overweight” rating and issued a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Truist Financial set a $175.00 price objective on Arista Networks in a research note on Wednesday. Barclays reiterated an “overweight” rating and issued a $184.00 price objective (up from $183.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, Zacks Research upgraded Arista Networks from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $182.22.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 32,000 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $163.31, for a total transaction of $5,225,920.00. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at $2,119,110.56. The trade was a 71.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through 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 business’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total transaction of $1,378,127.80. Following the sale, the chief financial officer directly owned 60,734 shares in the company, valued at $9,414,984.68. The trade was 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. Over the last three months, insiders have sold 1,502,729 shares of company stock worth $246,707,719. Company insiders own 3.39% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: Q1 beat — Arista reported Q1 revenue up ~35% YoY to $2.71B and EPS of $0.87 (vs. ~$0.81 consensus), underscoring robust AI/data?center demand. Zacks: Arista Beats Q1
• Positive Sentiment: Q2 EPS guide modestly ahead — Management set Q2 EPS at $0.88, above street expectations, signaling continued profitability into the next quarter. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Analyst upgrades/raises — Rosenblatt raised its price target to $210 and Needham reaffirmed a $185 target, reflecting continued bullish views on Arista’s AI networking exposure. Benzinga: Rosenblatt/Needham Notes
• Neutral Sentiment: Consensus view stays constructive — Street consensus PT sits near $178.67 and the majority of analysts retain Buy/Outperform ratings, leaving longer?term sentiment positive though expectations are high. AmericanBankingNews: Consensus PT
• Negative Sentiment: After?hours sell?off and volatility — The stock fell sharply in after?hours trading despite the beat, indicating profit?taking and disappointment versus elevated expectations. Yahoo: Stock Down After Beats
• Negative Sentiment: Margin/guidance nuance — Several outlets noted gross margin landed slightly below estimates and that guidance didn’t clearly beat on revenue/margins, which likely triggered short?term selling. Seeking Alpha: Margin Note
• Negative Sentiment: Insider sale highlighted — Director Charles Giancarlo sold 8,000 shares under a pre?arranged 10b5?1 plan; while routine, such disclosures can weigh on sentiment in a volatile session. SEC: Insider Filing
• Negative Sentiment: Analyst PT tweak downward — Citigroup trimmed its PT from $176 to $173 (still a Buy), a modest hit to the high?expectations backdrop. Benzinga: Citigroup PT Cut

Arista Networks Price Performance

Shares of ANET stock opened at $147.09 on Thursday. The company’s fifty day simple moving average is $142.99 and its two-hundred day simple moving average is $137.88. Arista Networks, Inc. has a 1 year low of $82.80 and a 1 year high of $179.80. The stock has a market capitalization of $185.21 billion, a price-to-earnings ratio of 50.37, a PEG ratio of 2.99 and a beta of 1.67.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 31.23%. The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. The business’s revenue for the quarter 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 EPS 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.