Arista Networks, Inc. $ANET Stock Position Lifted by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its holdings in Arista Networks, Inc. (NYSE:ANET) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,929,360 shares of the technology company’s stock after purchasing an additional 22,100 shares during the quarter. Russell Investments Group Ltd. owned 0.15% of Arista Networks worth $253,047,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of ANET. Board of the Pension Protection Fund bought a new position in shares of Arista Networks in the fourth quarter worth $26,000. Knuff & Co LLC bought a new position in shares of Arista Networks in the third quarter worth $29,000. Ameliora Wealth Management Ltd. bought a new position in shares of Arista Networks in the fourth quarter worth $30,000. Quarry LP bought a new position in shares of Arista Networks in the third quarter worth $33,000. Finally, Ares Financial Consulting LLC bought a new position in shares of Arista Networks in the fourth quarter worth $34,000. Institutional investors own 82.47% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on ANET. Weiss Ratings cut Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Morgan Stanley reissued an “overweight” rating and issued a $190.00 price target (up from $180.00) on shares of Arista Networks in a research note on Friday. Susquehanna raised Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Finally, Piper Sandler restated an “overweight” rating and issued a $181.00 price objective (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $186.47.

Arista Networks Stock Down 0.4%

Shares of Arista Networks stock opened at $168.48 on Wednesday. The firm has a market cap of $212.15 billion, a price-to-earnings ratio of 57.70, a price-to-earnings-growth ratio of 2.61 and a beta of 1.61. The business has a fifty day simple moving average of $156.12 and a 200-day simple moving average of $140.71. Arista Networks, Inc. has a fifty-two week low of $85.58 and a fifty-two week high of $179.80.

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. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kelly Bodnar Battles sold 422 shares of Arista Networks stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the transaction, the director owned 10,078 shares of the company’s stock, valued at approximately $1,475,822.32. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 dated Monday, June 1st. The stock was sold at an average price of $169.09, for a total value of $1,352,720.00. Following the sale, the director owned 200,333 shares in the company, valued at approximately $33,874,306.97. The trade was a 3.84% 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. Over the last 90 days, insiders have sold 2,343,747 shares of company stock valued at $380,853,419. 2.70% of the stock is currently owned by 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.