Arista Networks, Inc. $ANET Shares Acquired by Cache Advisors LLC

Cache Advisors LLC raised its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 33.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,307 shares of the technology company’s stock after purchasing an additional 17,201 shares during the period. Arista Networks accounts for 1.0% of Cache Advisors LLC’s portfolio, making the stock its 14th largest position. Cache Advisors LLC’s holdings in Arista Networks were worth $8,387,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. raised its holdings in shares of Arista Networks by 1.5% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 17,345 shares of the technology company’s stock worth $2,130,000 after purchasing an additional 260 shares during the period. Essex Bank increased its position in Arista Networks by 2.2% during the 1st quarter. Essex Bank now owns 5,502 shares of the technology company’s stock worth $676,000 after purchasing an additional 119 shares in the last quarter. Robbins Farley increased its position in Arista Networks by 1.4% during the 1st quarter. Robbins Farley now owns 37,167 shares of the technology company’s stock worth $4,563,000 after purchasing an additional 521 shares in the last quarter. Cornell Pochily Investment Advisors Inc. raised its holdings in Arista Networks by 86.6% in the first quarter. Cornell Pochily Investment Advisors Inc. now owns 3,306 shares of the technology company’s stock valued at $406,000 after buying an additional 1,534 shares during the period. Finally, Anchyra Partners LLC lifted its position in Arista Networks by 0.8% during the first quarter. Anchyra Partners LLC now owns 25,940 shares of the technology company’s stock valued at $3,185,000 after buying an additional 209 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ANET. Piper Sandler restated 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. Morgan Stanley reiterated an “overweight” rating and issued a $190.00 target price (up from $180.00) on shares of Arista Networks in a research note on Friday, June 12th. JPMorgan Chase & Co. raised their target price on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Bank of America boosted their price target on Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a “buy” rating in a report on Wednesday, June 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $187.63.

Arista Networks Trading Down 6.8%

NYSE:ANET opened at $162.61 on Wednesday. The firm has a market capitalization of $204.76 billion, a PE ratio of 55.69, a price-to-earnings-growth ratio of 2.69 and a beta of 1.61. The stock has a 50 day moving average of $159.00 and a 200-day moving average of $142.11. Arista Networks, Inc. has a 52 week low of $92.70 and a 52 week high of $179.80.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share 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 business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter last year, the company earned $0.65 EPS. The company’s revenue for the quarter 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, analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. This trade represents a 7.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 that occurred on Monday, June 15th. The stock was 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 of the company’s stock, valued at approximately $30,223,652,457.36. This represents a 0.14% 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. Insiders have sold 2,603,747 shares of company stock worth $423,901,619 over the last three months. Corporate insiders own 2.70% of the company’s stock.

Key Headlines Impacting Arista Networks

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Wall Street analyst sentiment remains favorable overall, with articles noting ANET carries an average “Buy” recommendation, which can support confidence in the long-term growth story. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Positive Sentiment: Investor interest in AI networking remains strong, and comparisons with Ciena framed ANET as a leading beneficiary of booming demand for high-speed networking infrastructure. Ciena vs. Arista Networks: Which AI Networking Stock is the Better Buy?
• Neutral Sentiment: Multiple reports asked whether ANET is still a good investment, but these pieces mainly revisited analyst ratings and valuation rather than introducing a new company-specific catalyst. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Negative Sentiment: The main pressure on ANET appears to be recent underperformance versus the market and peers, suggesting investors may be taking profits after a strong run. Arista Networks Inc. stock underperforms Tuesday when compared to competitors

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.