World Investment Advisors Acquires 3,552 Shares of Arista Networks, Inc. $ANET

World Investment Advisors increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 51.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,402 shares of the technology company’s stock after acquiring an additional 3,552 shares during the quarter. World Investment Advisors’ holdings in Arista Networks were worth $1,363,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in ANET. Lighthouse Financial Services Inc. ADV bought a new stake in shares of Arista Networks during the fourth quarter valued at approximately $1,549,000. Bensler LLC purchased a new stake in Arista Networks in the fourth quarter worth $6,350,000. QRG Capital Management Inc. raised its holdings in Arista Networks by 6.4% in the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after purchasing an additional 10,217 shares in the last quarter. Jefferies Financial Group Inc. raised its holdings in Arista Networks by 59.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock worth $2,309,000 after purchasing an additional 6,591 shares in the last quarter. Finally, Reaves W H & Co. Inc. purchased a new position in Arista Networks during the fourth quarter valued at $3,058,000. Institutional investors own 82.47% of the company’s stock.

Arista Networks Trading Up 0.1%

Arista Networks stock opened at $169.84 on Friday. Arista Networks, Inc. has a 12 month low of $85.58 and a 12 month high of $179.80. The company has a market capitalization of $213.86 billion, a price-to-earnings ratio of 58.16, a price-to-earnings-growth ratio of 2.62 and a beta of 1.61. The business’s fifty day simple moving average is $158.10 and its two-hundred day simple moving average is $141.44.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s revenue was up 35.1% on a year-over-year basis. During the same period last year, the company earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current year.

Insider Activity at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the completion of the sale, the insider directly owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. This trade represents a 0.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of the company’s 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 transaction, the chief executive officer owned 9,917 shares in the company, valued at approximately $1,537,531.68. This represents a 58.20% 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. Insiders sold a total of 2,603,747 shares of company stock worth $423,901,619 in the last ninety days. 2.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ANET. UBS Group restated a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and issued a $190.00 price target (up from $180.00) on shares of Arista Networks in a research note on Friday, June 12th. Truist Financial set a $175.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Piper Sandler reissued an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Two equities research 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 stock. According to MarketBeat.com, the stock has a consensus 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.