AEGON ASSET MANAGEMENT UK Plc Has $52.43 Million Holdings in Arista Networks, Inc. $ANET

AEGON ASSET MANAGEMENT UK Plc lifted its holdings in Arista Networks, Inc. (NYSE:ANET) by 18.0% during the first quarter, HoldingsChannel.com reports. The firm owned 427,091 shares of the technology company’s stock after purchasing an additional 65,048 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in Arista Networks were worth $52,434,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Arista Networks by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after buying an additional 1,188,799 shares during the last quarter. State Street Corp boosted its stake in shares of Arista Networks by 1.4% during the 4th quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after buying an additional 628,146 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Arista Networks by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock worth $4,870,618,000 after buying an additional 380,724 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Arista Networks by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock valued at $3,455,095,000 after acquiring an additional 477,625 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Arista Networks in the 4th quarter valued at about $1,558,563,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Activity

In related news, CEO Jayshree Ullal sold 13,809 shares of Arista Networks stock in a transaction that occurred on 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 completion of the sale, 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. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kelly Bodnar Battles sold 422 shares of Arista Networks stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the sale, the director directly owned 10,078 shares of the company’s stock, valued at approximately $1,475,822.32. The trade was a 4.02% 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 sold 2,603,747 shares of company stock valued at $423,901,619. Company insiders own 2.70% of the company’s stock.

Arista Networks Price Performance

NYSE:ANET opened at $169.84 on Friday. The company has a market cap of $213.86 billion, a P/E ratio of 58.16, a P/E/G ratio of 2.62 and a beta of 1.61. The firm’s fifty day moving average price is $158.10 and its two-hundred day moving average price is $141.44. Arista Networks, Inc. has a one year low of $85.58 and a one year high of $179.80.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter last year, the company posted $0.65 EPS. Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities research analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ANET. Barclays reaffirmed an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. UBS Group restated a “buy” rating and issued a $187.00 price target (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Citigroup lowered their price target on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Susquehanna upgraded Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price 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.