Arista Networks, Inc. $ANET Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC reduced its position in Arista Networks, Inc. (NYSE:ANET) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,468,670 shares of the technology company’s stock after selling 110,638 shares during the period. Arista Networks comprises about 0.7% of Los Angeles Capital Management LLC’s portfolio, making the stock its 29th biggest holding. Los Angeles Capital Management LLC’s holdings in Arista Networks were worth $192,440,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ANET. Cookson Peirce & Co. Inc. increased its holdings in Arista Networks by 19.9% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 17,119 shares of the technology company’s stock worth $2,243,000 after acquiring an additional 2,837 shares in the last quarter. XML Financial LLC increased its holdings in Arista Networks by 28.9% in the 4th quarter. XML Financial LLC now owns 19,274 shares of the technology company’s stock worth $2,525,000 after acquiring an additional 4,320 shares in the last quarter. Havemeyer Place LP purchased a new stake in Arista Networks in the 4th quarter worth $919,000. Vestcor Inc increased its holdings in Arista Networks by 22.1% in the 4th quarter. Vestcor Inc now owns 37,837 shares of the technology company’s stock worth $4,958,000 after acquiring an additional 6,842 shares in the last quarter. Finally, MCF Advisors LLC increased its holdings in Arista Networks by 311.1% in the 4th quarter. MCF Advisors LLC now owns 370 shares of the technology company’s stock worth $48,000 after acquiring an additional 280 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Trading Down 7.1%

Shares of ANET opened at $154.23 on Friday. Arista Networks, Inc. has a 12-month low of $85.58 and a 12-month high of $179.80. The firm has a 50-day moving average price of $150.97 and a 200 day moving average price of $138.82. The firm has a market capitalization of $194.21 billion, a P/E ratio of 52.82, a P/E/G ratio of 2.38 and a beta of 1.61.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data 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 30.10%. The firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the prior year, the firm posted $0.65 earnings per share. Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ANET has been the subject of several recent analyst reports. TD Cowen reissued a “buy” rating and issued a $200.00 price target (up from $170.00) on shares of Arista Networks in a report on Wednesday, May 6th. Piper Sandler reissued an “overweight” rating and issued a $181.00 price target (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Citigroup cut their price target on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. KeyCorp reissued an “overweight” rating and issued a $178.00 price target (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Barclays reissued an “overweight” rating and issued a $195.00 price target (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Two 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 company’s stock. Based on data from MarketBeat.com, Arista Networks has a consensus rating of “Buy” and an average target price of $185.72.

Arista Networks News Roundup

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

Insider Transactions at Arista Networks

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the completion of the transaction, the director owned 200,333 shares of the company’s stock, valued at $33,874,306.97. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total transaction of $2,140,947.36. Following the transaction, the chief executive officer directly owned 9,917 shares of the company’s stock, valued at approximately $1,537,531.68. This trade represents a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 valued at $314,941,943 in the last three months. 2.70% of the stock is currently owned by corporate insiders.

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.