Arista Networks, Inc. $ANET Stake Raised by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 19.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 500,812 shares of the technology company’s stock after buying an additional 80,671 shares during the period. Corient Private Wealth LLC’s holdings in Arista Networks were worth $65,776,000 at the end of the most recent reporting period.

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

Arista Networks Trading Up 0.1%

Shares of NYSE ANET opened at $169.84 on Friday. Arista Networks, Inc. has a twelve month low of $85.58 and a twelve month high of $179.80. The firm has a 50-day moving average of $158.10 and a two-hundred day moving average of $141.44. The company has a market capitalization of $213.86 billion, a price-to-earnings ratio of 58.16, a PEG ratio of 2.62 and a beta of 1.61.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the company posted $0.65 EPS. The business’s 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, research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Insider Activity

In other Arista Networks news, Director Kelly Bodnar Battles sold 422 shares of Arista Networks stock in a transaction that occurred on Thursday, May 21st. The shares were 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 in the company, valued at approximately $1,475,822.32. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the transaction, the insider directly owned 182,543,048 shares in the company, valued at $30,223,652,457.36. This represents a 0.14% 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. Insiders sold a total of 2,603,747 shares of company stock valued at $423,901,619 in the last ninety days. 2.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ANET. KeyCorp reaffirmed an “overweight” rating and issued a $200.00 price objective (up from $178.00) on shares of Arista Networks in a report on Thursday. Weiss Ratings cut shares of Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 15th. Bank of America boosted their price target on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Truist Financial set a $175.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a report on Wednesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average 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.