4,185 Shares in Arista Networks, Inc. $ANET Acquired by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC acquired a new stake in Arista Networks, Inc. (NYSE:ANET) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,185 shares of the technology company’s stock, valued at approximately $514,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Lighthouse Financial Services Inc. ADV bought a new position in shares of Arista Networks during the fourth quarter worth about $1,549,000. Bensler LLC acquired a new position in shares of Arista Networks in the fourth quarter worth approximately $6,350,000. QRG Capital Management Inc. boosted 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 valued at $22,224,000 after acquiring an additional 10,217 shares during the last quarter. Reaves W H & Co. Inc. acquired a new stake in Arista Networks during the 4th quarter valued at approximately $3,058,000. Finally, Jefferies Financial Group Inc. increased its position in Arista Networks by 59.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after purchasing an additional 6,591 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Transactions at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 17,333 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $171.42, for a total value of $2,971,222.86. Following the transaction, the insider owned 12,976 shares in the company, valued at approximately $2,224,345.92. This represents a 57.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $167.06, for a total value of $1,336,480.00. Following the completion of the sale, the director directly owned 192,333 shares of the company’s stock, valued at $32,131,150.98. This trade represents a 3.99% 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. In the last 90 days, insiders have sold 3,147,080 shares of company stock valued at $513,396,642. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks News Roundup

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

• Positive Sentiment: ANET was highlighted as a stock drawing increased investor attention, suggesting strong market interest and momentum around the name. Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
• Positive Sentiment: Multiple reports tied Arista to the AI networking theme, which has been a key driver behind buying in networking and infrastructure stocks. Arista Networks (NYSE:ANET) AI Momentum Boosts Market Focus
• Positive Sentiment: Arista reached or traded near new highs as investors rotated into technology shares and continued rewarding AI beneficiaries. Why Did PENG, ANET, BCRX Shares Surge To 52-Week Highs?
• Neutral Sentiment: Wall Street commentary remained broadly constructive on ANET, but the article mainly noted that analyst opinions often influence trading rather than providing a major new catalyst. Wall Street Bulls Look Optimistic About Arista Networks (ANET): Should You Buy?
• Negative Sentiment: Insider selling by co-founder Andreas Bechtolsheim could weigh on sentiment, even if it does not necessarily change the long-term business outlook. Andreas Bechtolsheim Sells 240,000 Shares of Arista Networks (NYSE:ANET) Stock

Arista Networks Stock Up 1.5%

Shares of NYSE ANET opened at $187.46 on Friday. The firm has a market cap of $236.05 billion, a PE ratio of 64.20, a P/E/G ratio of 2.85 and a beta of 1.60. The company’s fifty day simple moving average is $159.79 and its 200 day simple moving average is $145.74. Arista Networks, Inc. has a 12-month low of $104.68 and a 12-month high of $189.82.

Arista Networks (NYSE:ANET) last posted 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. 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 the consensus estimate of $2.62 billion. During the same period in the previous year, the firm posted $0.65 earnings per share. 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. On average, equities analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ANET. Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Wolfe Research reiterated an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, June 10th. Raymond James Financial raised shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price for the company in a research note on Friday, May 15th. Truist Financial set a $175.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Arista Networks presently has a consensus rating of “Buy” and an average price target of $187.63.

Arista Networks 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.