iSAM Funds UK Ltd Takes $544,000 Position in Arista Networks, Inc. $ANET

iSAM Funds UK Ltd acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 3,200 shares of the technology company’s stock, valued at approximately $544,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new position in shares of Arista Networks in the 1st quarter valued at about $26,000. Sankala Group LLC purchased a new position in Arista Networks in the fourth quarter valued at approximately $27,000. Prosperity Bancshares Inc acquired a new position in Arista Networks during the fourth quarter valued at approximately $28,000. ABS Investment Management LLC purchased a new stake in Arista Networks during the second quarter worth approximately $29,000. Finally, Hilton Head Capital Partners LLC increased its position in shares of Arista Networks by 184.9% in the first quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock worth $30,000 after acquiring an additional 159 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Transactions at Arista Networks

In related news, CEO Jayshree Ullal sold 767,029 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value of $154,341,575.38. Following the transaction, the chief executive officer owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the transaction, the insider directly owned 181,143,048 shares of the company’s stock, valued at $36,826,381,658.40. This represents a 0.17% decrease in their position. 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 sold 4,002,082 shares of company stock valued at $761,352,976. 2.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ANET has been the topic of several recent research reports. Jefferies Financial Group set a $250.00 target price on shares of Arista Networks in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft began coverage on Arista Networks in a report on Monday. They issued a “buy” rating and a $220.00 price target for the company. TD Cowen raised their price objective on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Finally, UBS Group reaffirmed a “buy” rating and issued a $259.00 target price (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $225.76.

Arista Networks Trading Down 1.8%

NYSE ANET opened at $185.78 on Thursday. The stock has a market cap of $234.31 billion, a P/E ratio of 58.60, a PEG ratio of 2.55 and a beta of 1.62. The company’s fifty day simple moving average is $181.71 and its 200-day simple moving average is $159.57. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period last year, the business earned $0.73 EPS. The business’s revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, research analysts expect that Arista Networks, Inc. will post 3.7 EPS for the current fiscal 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.