Redwood Family Wealth LLC Takes Position in Arista Networks, Inc. $ANET

Redwood Family Wealth LLC bought a new stake in Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,450 shares of the technology company’s stock, valued at approximately $452,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Board of the Pension Protection Fund bought a new stake in Arista Networks during the fourth quarter worth $26,000. Sankala Group LLC bought a new position in shares of Arista Networks in the 4th quarter valued at about $27,000. Prosperity Bancshares Inc acquired a new position in shares of Arista Networks during the 4th quarter worth about $28,000. Knuff & Co LLC acquired a new position in shares of Arista Networks during the 3rd quarter worth about $29,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of Arista Networks in the 4th quarter valued at about $30,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares of the company’s stock, valued at approximately $30,223,652,457.36. This represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total value of $384,336.00. Following the transaction, the chief financial officer owned 64,408 shares in the company, valued at approximately $10,112,056. This trade represents a 3.66% 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 quarter, insiders have sold 2,603,747 shares of company stock valued at $423,901,619. Insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

NYSE ANET opened at $169.84 on Friday. The stock has a market cap of $213.86 billion, a PE ratio of 58.16, a P/E/G ratio of 2.62 and a beta of 1.61. The firm has a 50-day moving average of $158.10 and a 200-day moving average of $141.44. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80.

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Piper Sandler reiterated an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Rosenblatt Securities boosted their price target on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings lowered Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. TD Cowen reaffirmed a “buy” rating and issued a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Finally, UBS Group reiterated a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Arista Networks has an average rating of “Buy” and a consensus price target of $187.63.

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.