Banque Cantonale Vaudoise Sells 4,513 Shares of Arista Networks, Inc. $ANET

Banque Cantonale Vaudoise reduced its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 7.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 58,333 shares of the technology company’s stock after selling 4,513 shares during the period. Banque Cantonale Vaudoise’s holdings in Arista Networks were worth $7,162,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ANET. Norges Bank bought a new position in Arista Networks during the 4th quarter worth about $1,558,563,000. Arrowstreet Capital Limited Partnership lifted its stake in Arista Networks by 82.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after acquiring an additional 4,332,659 shares in the last quarter. M&T Bank Corp lifted its stake in Arista Networks by 3,182.7% in the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after acquiring an additional 3,890,146 shares in the last quarter. Franklin Resources Inc. boosted its position in Arista Networks by 59.3% during the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock worth $1,032,302,000 after acquiring an additional 2,934,098 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its position in Arista Networks by 310.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,280,122 shares of the technology company’s stock worth $298,868,000 after acquiring an additional 1,724,758 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks News Roundup

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

• Positive Sentiment: Arista unveiled new 1.6-terabit networking platforms as demand for 800-gig deployments continues to build, reinforcing its position in AI and cloud data-center networking. Arista Networks (ANET) Unveils 1.6 Terabit Platforms As 800 Gig Adoption Builds
• Positive Sentiment: Analyst commentary highlighted Arista as a beneficiary of pricing power and AI networking expansion, which supports the bull case for revenue growth. The Zacks Analyst Blog Highlights Micron, The Coca-Cola, Arista Networks and Where Food Comes From
• Neutral Sentiment: Wall Street coverage remains broadly favorable, with analysts still viewing ANET as a good investment, though this is more a sentiment check than a new catalyst. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Negative Sentiment: Insider Kenneth Duda sold shares in two reported transactions, including a sizable block sale, which can weigh on sentiment even though both were made under a pre-arranged 10b5-1 plan. SEC filing for insider sale
• Negative Sentiment: Recent trading showed ANET underperforming peers and falling sharply versus the prior session, signaling near-term momentum weakness. Arista Networks (ANET) Registers a Bigger Fall Than the Market: Important Facts to Note

Insider Buying and Selling

In related news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total value of $384,336.00. Following the completion of the sale, the chief financial officer directly owned 64,408 shares in the company, valued at approximately $10,112,056. This trade represents a 3.66% decrease in their position. The sale 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, major shareholder Andreas Bechtolsheim sold 260,000 shares of Arista Networks stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. The trade was a 0.14% 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 2,647,080 shares of company stock worth $431,329,762 in the last 90 days. 2.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ANET shares. Needham & Company LLC reiterated a “buy” rating and issued a $185.00 price objective on shares of Arista Networks in a report on Wednesday, May 6th. Citigroup reduced their target price on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Barclays reiterated an “overweight” rating and issued a $195.00 price target (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Piper Sandler reissued an “overweight” rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. Two investment 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 stock. According to data from MarketBeat, Arista Networks presently has an average rating of “Buy” and an average target price of $187.63.

Arista Networks Trading Down 0.3%

Shares of ANET opened at $161.69 on Thursday. The company’s fifty day simple moving average is $159.19 and its 200 day simple moving average is $142.35. Arista Networks, Inc. has a 1-year low of $94.50 and a 1-year high of $179.80. The company has a market cap of $203.60 billion, a price-to-earnings ratio of 55.37, a PEG ratio of 2.50 and a beta of 1.61.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating 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 firm 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 earnings per share. 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, research analysts forecast that Arista Networks, Inc. will post 3.27 earnings per share for the current 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.