Arrowstreet Capital Limited Partnership Sells 942,348 Shares of Arista Networks, Inc. $ANET

Arrowstreet Capital Limited Partnership reduced its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 10.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 8,459,045 shares of the technology company’s stock after selling 942,348 shares during the period. Arista Networks makes up approximately 0.6% of Arrowstreet Capital Limited Partnership’s holdings, making the stock its 29th biggest holding. Arrowstreet Capital Limited Partnership’s holdings in Arista Networks were worth $1,038,602,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ANET. Main Street Group LTD acquired a new stake in shares of Arista Networks in the 1st quarter valued at about $26,000. Sankala Group LLC acquired a new position in shares of Arista Networks during the fourth quarter worth about $27,000. Prosperity Bancshares Inc bought a new position in shares of Arista Networks during the fourth quarter worth about $28,000. Ameliora Wealth Management Ltd. bought a new position in shares of Arista Networks during the fourth quarter worth about $30,000. Finally, Hilton Head Capital Partners LLC raised its position in Arista Networks by 184.9% in the 1st quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock valued at $30,000 after buying an additional 159 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on ANET. TD Cowen restated a “buy” rating and issued a $210.00 target price (up from $200.00) on shares of Arista Networks in a research note on Monday, July 13th. Wolfe Research reiterated an “outperform” rating and issued a $175.00 price objective on shares of Arista Networks in a report on Wednesday, June 10th. UBS Group reissued a “buy” rating and issued a $187.00 price objective (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Morgan Stanley restated an “overweight” rating and set a $190.00 target price (up from $180.00) on shares of Arista Networks in a report on Friday, June 12th. Finally, Rosenblatt Securities raised their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $189.74.

Arista Networks News Roundup

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

• Positive Sentiment: Needham raised its price target on Arista Networks to $200 and maintained a Buy rating, signaling confidence in continued upside for the AI networking leader.
• Positive Sentiment: Multiple recent articles highlight Arista as a beneficiary of expanding AI adoption, which supports the investment case for its data-center and enterprise networking products.
• Positive Sentiment: Coverage also pointed to Arista’s new AI-driven VeloCloud security solution and AI zero-trust branch platform, both of which could help expand enterprise demand and deepen its product mix. Article Title
• Positive Sentiment: Some commentary says Arista is still benefiting from strong 2026 momentum and may have more room to run after a strong first half of the year. Article Title
• Neutral Sentiment: One valuation-focused piece argued the stock looks fairly priced by discounted cash flow but expensive on traditional multiples, creating a mixed picture for investors. Article Title
• Neutral Sentiment: Several other items were largely commentary or ranking pieces that reinforce Arista’s growth reputation but do not introduce a major new catalyst. Article Title

Arista Networks Stock Performance

Shares of ANET stock opened at $176.53 on Friday. Arista Networks, Inc. has a 52-week low of $112.80 and a 52-week high of $189.82. The stock has a market cap of $222.29 billion, a price-to-earnings ratio of 60.46, a PEG ratio of 2.68 and a beta of 1.60. The firm’s 50-day moving average is $164.31 and its 200-day moving average is $148.52.

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. The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the company posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts predict that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 242,422 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $188.17, for a total value of $45,616,547.74. Following the sale, the chief executive officer owned 5,171,095 shares in the company, valued at approximately $973,044,946.15. This represents a 4.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the sale, the insider directly owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. This represents a 0.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 2,264,983 shares of company stock valued at $376,175,065. 2.70% of the stock is owned by insiders.

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.