Deltec Asset Management LLC Has $825,000 Position in Arista Networks, Inc. $ANET

Deltec Asset Management LLC boosted its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 103.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,720 shares of the technology company’s stock after purchasing an additional 3,420 shares during the period. Deltec Asset Management LLC’s holdings in Arista Networks were worth $825,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of ANET. Fulton Bank N.A. lifted its holdings in Arista Networks by 37.0% during the 1st quarter. Fulton Bank N.A. now owns 28,937 shares of the technology company’s stock valued at $3,553,000 after purchasing an additional 7,809 shares during the last quarter. Essex LLC boosted its stake in shares of Arista Networks by 2.4% in the first quarter. Essex LLC now owns 9,454 shares of the technology company’s stock valued at $1,161,000 after buying an additional 219 shares during the period. IFM Investors Pty Ltd raised its stake in Arista Networks by 4.2% in the first quarter. IFM Investors Pty Ltd now owns 223,962 shares of the technology company’s stock valued at $27,498,000 after purchasing an additional 9,118 shares in the last quarter. Severin Investments LLC boosted its position in shares of Arista Networks by 7.0% during the 1st quarter. Severin Investments LLC now owns 4,523 shares of the technology company’s stock worth $555,000 after acquiring an additional 297 shares in the last quarter. Finally, iA Global Asset Management Inc. lifted its position in shares of Arista Networks by 59.3% during the 1st quarter. iA Global Asset Management Inc. now owns 6,514 shares of the technology company’s stock worth $800,000 after buying an additional 2,424 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Arista Networks news, insider Kenneth Duda sold 17,333 shares of Arista Networks stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $171.42, for a total transaction of $2,971,222.86. Following the completion of the transaction, the insider owned 12,976 shares of the company’s stock, valued at $2,224,345.92. The trade was a 57.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the completion of the sale, the director directly owned 200,333 shares in the company, valued at approximately $33,874,306.97. The trade was a 3.84% 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. Over the last quarter, insiders have sold 2,639,080 shares of company stock valued at $430,322,162. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

ANET opened at $166.78 on Thursday. Arista Networks, Inc. has a fifty-two week low of $97.14 and a fifty-two week high of $179.80. The firm has a 50-day moving average of $159.67 and a 200 day moving average of $143.55. The firm has a market cap of $210.00 billion, a P/E ratio of 57.12, a PEG ratio of 2.62 and a beta of 1.60.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping 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 company had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. Arista Networks’s revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Bank of America upped their price target on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Barclays reaffirmed an “overweight” rating and set a $195.00 price target (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. TD Cowen reaffirmed a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Rosenblatt Securities boosted their target price on Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, KeyCorp restated an “overweight” rating and set a $200.00 price objective (up from $178.00) on shares of Arista Networks in a report on Thursday, June 18th. Two equities research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price 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.