Cambient Family Office LLC Purchases 6,245 Shares of Arista Networks, Inc. $ANET

Cambient Family Office LLC grew its position in Arista Networks, Inc. (NYSE:ANET) by 14.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,765 shares of the technology company’s stock after acquiring an additional 6,245 shares during the quarter. Cambient Family Office LLC’s holdings in Arista Networks were worth $6,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hoxton Planning & Management LLC raised its position in shares of Arista Networks by 4.1% during the 1st quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after buying an additional 68 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after purchasing an additional 70 shares during the period. United Asset Strategies Inc. grew its holdings in Arista Networks by 1.2% during the 4th quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock valued at $827,000 after purchasing an additional 72 shares during the last quarter. Personal CFO Solutions LLC raised its position in Arista Networks by 3.2% in the 4th quarter. Personal CFO Solutions LLC now owns 2,429 shares of the technology company’s stock worth $318,000 after purchasing an additional 76 shares during the period. Finally, Clark Financial Services Group Inc. BD raised its position in Arista Networks by 2.2% in the 4th quarter. Clark Financial Services Group Inc. BD now owns 3,776 shares of the technology company’s stock worth $518,000 after purchasing an additional 80 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the business’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. The trade was a 0.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the sale, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,647,080 shares of company stock valued at $431,329,762 over the last three months. 2.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ANET has been the subject of several recent analyst reports. TD Cowen restated a “buy” rating and set a $200.00 target price (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Barclays reaffirmed an “overweight” rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Bank of America lifted their target price on Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. UBS Group reissued a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, Citigroup reduced their price target on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $187.63.

Arista Networks Price Performance

ANET stock opened at $157.80 on Friday. The company has a market capitalization of $198.70 billion, a P/E ratio of 54.04, a price-to-earnings-growth ratio of 2.55 and a beta of 1.61. Arista Networks, Inc. has a 12 month low of $97.14 and a 12 month high of $179.80. The firm’s fifty day simple moving average is $159.49 and its 200-day simple moving average is $142.71.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm’s revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, sell-side 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.