Baader Bank Aktiengesellschaft Sells 4,810 Shares of Arista Networks, Inc. $ANET

Baader Bank Aktiengesellschaft decreased its position in shares of Arista Networks, Inc. (NYSE:ANETFree Report) by 14.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,090 shares of the technology company’s stock after selling 4,810 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Arista Networks were worth $3,563,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ANET. Intrua Financial LLC increased its stake in Arista Networks by 2.7% in the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after acquiring an additional 61 shares during the last quarter. NBT Bank N A NY boosted its position in shares of Arista Networks by 37.2% during the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock valued at $30,000 after acquiring an additional 67 shares during the last quarter. Hoxton Planning & Management LLC boosted 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 acquiring an additional 68 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Arista Networks by 0.4% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after purchasing an additional 70 shares in the last quarter. Finally, Y.D. More Investments Ltd grew its holdings in shares of Arista Networks by 8.7% in the first quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock valued at $107,000 after purchasing an additional 70 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Jayshree Ullal sold 428,000 shares of Arista Networks stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at $924,321,690.08. The trade was a 7.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 on 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 directly owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. The trade was a 0.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,692,983 shares of company stock worth $452,119,385 in the last quarter. 2.70% of the stock is owned by insiders.

Arista Networks Price Performance

Shares of ANET stock opened at $169.17 on Tuesday. The company has a market capitalization of $213.02 billion, a P/E ratio of 57.94, a P/E/G ratio of 2.59 and a beta of 1.60. The company’s 50-day simple moving average is $162.41 and its two-hundred day simple moving average is $147.60. Arista Networks, Inc. has a one year low of $106.99 and a one year high of $189.82.

Arista Networks (NYSE:ANETGet Free Report) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks’s revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, research analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ANET shares. Raymond James Financial upgraded shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price on the stock in a report on Friday, May 15th. Morgan Stanley reaffirmed an “overweight” rating and issued a $190.00 price target (up from $180.00) on shares of Arista Networks in a report on Friday, June 12th. Wolfe Research reissued an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research note on Wednesday, June 10th. Bank of America upped their price objective on Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, Truist Financial set a $175.00 price objective on Arista Networks in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $188.95.

Check Out Our Latest Stock Analysis on Arista Networks

Arista Networks Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Arista Networks (NYSE:ANET)

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