Deutsche Bank AG Acquires 388,354 Shares of Arista Networks, Inc. $ANET

Deutsche Bank AG raised its holdings in Arista Networks, Inc. (NYSE:ANET) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,357,496 shares of the technology company’s stock after buying an additional 388,354 shares during the quarter. Deutsche Bank AG owned 0.74% of Arista Networks worth $1,589,651,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Norges Bank bought a new stake in shares of Arista Networks in the 4th quarter valued at $1,558,563,000. M&T Bank Corp lifted its position in shares of Arista Networks by 3,182.7% during the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after acquiring an additional 3,890,146 shares during the period. Franklin Resources Inc. boosted its stake in Arista Networks by 59.3% during the fourth quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock worth $1,032,302,000 after acquiring an additional 2,934,098 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Arista Networks by 34.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock worth $1,712,788,000 after purchasing an additional 2,497,275 shares during the period. Finally, Pictet Asset Management Holding SA grew its holdings in Arista Networks by 86.0% in the first quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock worth $520,168,000 after purchasing an additional 1,960,829 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Arista Networks Stock Performance

ANET stock opened at $202.05 on Tuesday. The business has a 50-day simple moving average of $175.00 and a two-hundred day simple moving average of $155.18. The company has a market capitalization of $254.83 billion, a P/E ratio of 63.74, a price-to-earnings-growth ratio of 2.06 and a beta of 1.60. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $214.89.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the business posted $0.73 earnings per share. The company’s quarterly revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, sell-side analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $181.02, for a total value of $1,448,160.00. Following the completion of the sale, the director directly owned 184,333 shares of the company’s stock, valued at approximately $33,367,959.66. This represents a 4.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 573,509 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $208.13, for a total value of $119,364,428.17. Following the transaction, the chief executive officer owned 25,000 shares in the company, valued at approximately $5,203,250. This trade represents a 95.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 4,335,168 shares of company stock worth $798,637,629. 2.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ANET shares. UBS Group reiterated a “buy” rating and set a $259.00 price objective (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. The Goldman Sachs Group restated a “buy” rating and issued a $225.00 target price on shares of Arista Networks in a research note on Wednesday, August 5th. Zacks Research raised Arista Networks from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Citigroup reiterated a “buy” rating on shares of Arista Networks in a report on Thursday, August 6th. Finally, Barclays restated an “overweight” rating and set a $289.00 price objective (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $226.05.

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.