Earned Wealth Advisors LLC lifted its position in Arista Networks, Inc. (NYSE:ANET – Free Report) by 59.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,477 shares of the technology company’s stock after buying an additional 4,298 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Arista Networks were worth $1,409,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Arista Networks by 321.7% during the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after purchasing an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in Arista Networks in the 4th quarter valued at about $202,000. Bison Wealth LLC acquired a new stake in Arista Networks in the 4th quarter valued at about $251,000. Sivia Capital Partners LLC grew its holdings in Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after purchasing an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL grew its holdings in Arista Networks by 31.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after purchasing an additional 1,000 shares during the period. 82.47% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, major shareholder Andreas Bechtolsheim sold 240,000 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $162.67, for a total transaction of $39,040,800.00. Following the completion of the sale, the insider owned 182,043,048 shares of the company’s stock, valued at $29,612,942,618.16. This represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 234,578 shares of the stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $187.18, for a total transaction of $43,908,310.04. Following the sale, the chief executive officer owned 5,134,207 shares in the company, valued at $961,020,866.26. The trade was a 4.37% 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. In the last 90 days, insiders sold 2,786,844 shares of company stock valued at $467,941,533. Company insiders own 2.70% of the company’s stock.
Arista Networks Stock Performance
Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts anticipate that Arista Networks, Inc. will post 3.28 EPS for the current year.
Wall Street Analysts Forecast Growth
ANET has been the topic of several research analyst reports. TD Cowen restated a “buy” rating and issued a $210.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Monday, July 13th. Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Weiss Ratings upgraded Arista Networks from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 13th. Wells Fargo & Company reissued an “overweight” rating and set a $200.00 target price (up from $185.00) on shares of Arista Networks in a report on Thursday. Finally, Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. 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. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $188.95.
Check Out Our Latest Stock Analysis on Arista Networks
Arista Networks Company 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.
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