Generate Investment Management Ltd Takes Position in Arista Networks, Inc. $ANET

Generate Investment Management Ltd acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 67,371 shares of the technology company’s stock, valued at approximately $8,272,000.

Several other institutional investors have also recently modified their holdings of ANET. Board of the Pension Protection Fund acquired a new position in shares of Arista Networks in the fourth quarter worth $26,000. Sankala Group LLC acquired a new stake in shares of Arista Networks during the fourth quarter valued at $27,000. Prosperity Bancshares Inc acquired a new stake in shares of Arista Networks during the fourth quarter valued at $28,000. Knuff & Co LLC purchased a new stake in Arista Networks during the 3rd quarter worth about $29,000. Finally, Ameliora Wealth Management Ltd. purchased a new stake in Arista Networks during the 4th quarter worth about $30,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Jayshree Ullal sold 13,809 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total value of $2,140,947.36. Following the transaction, the chief executive officer directly owned 9,917 shares in the company, valued at $1,537,531.68. This trade represents a 58.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of Arista Networks 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 transaction, the chief financial officer directly owned 64,408 shares in the company, valued at $10,112,056. This represents a 3.66% 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 valued at $423,901,619 in the last 90 days. 2.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. UBS Group restated a “buy” rating and issued a $187.00 target price (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a report on Wednesday, June 10th. Needham & Company LLC reissued a “buy” rating and issued a $185.00 price objective on shares of Arista Networks in a research report on Wednesday, May 6th. Piper Sandler reissued 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. Finally, Barclays restated an “overweight” rating and set a $195.00 target price (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. 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.com, the stock presently has an average rating of “Buy” and an average price target of $187.63.

Arista Networks Trading Up 2.9%

Shares of NYSE:ANET opened at $174.66 on Tuesday. The firm has a market cap of $219.93 billion, a price-to-earnings ratio of 59.81, a PEG ratio of 2.62 and a beta of 1.61. The stock’s 50-day moving average price is $158.69 and its two-hundred day moving average price is $141.87. Arista Networks, Inc. has a 12-month low of $85.58 and a 12-month high of $179.80.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.65 EPS. 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 fiscal 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.