Swedbank AB Has $965.04 Million Stock Position in Arista Networks, Inc. $ANET

Swedbank AB boosted its stake in Arista Networks, Inc. (NYSE:ANET) by 3.6% in the fourth quarter, Holdings Channel reports. The firm owned 7,364,990 shares of the technology company’s stock after purchasing an additional 258,567 shares during the quarter. Arista Networks accounts for about 0.9% of Swedbank AB’s investment portfolio, making the stock its 18th largest position. Swedbank AB’s holdings in Arista Networks were worth $965,035,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of ANET. Board of the Pension Protection Fund acquired a new position in Arista Networks in the fourth quarter valued at about $26,000. Knuff & Co LLC acquired a new position in Arista Networks in the third quarter valued at about $29,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks in the fourth quarter valued at about $30,000. Richardson Financial Services Inc. raised its stake in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after purchasing an additional 130 shares in the last quarter. Finally, Quarry LP acquired a new position in Arista Networks in the third quarter valued at about $33,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Q1 beat on revenue and EPS — Arista posted $2.71B revenue (+35% YoY) and $0.87 EPS, beating consensus and reinforcing strong AI/data?center demand. Zacks: Arista Beats Q1
• Positive Sentiment: Company reiterated Q2 EPS guide slightly above street — management set Q2 EPS at $0.88, signaling continued profitability and near?term revenue momentum. Business Wire: Q1 Results & Guidance
• Positive Sentiment: New AI hardware and optics announced — Arista unveiled AI?focused data?center products (liquid?cooled pluggable XPO optics and a universal AI spine) that strengthen its positioning in high?growth AI infrastructure. Yahoo: AI Growth Story & Product Launches
• Neutral Sentiment: Wall Street coverage and price targets — Analysts remain generally bullish (consensus PT ? $178.67; several buy/strong?buy ratings), which supports medium?term conviction but also elevates expectations. Analyst Consensus PT
• Negative Sentiment: Market reaction: after?hours sell?off — Despite the beat and product news, ANET fell sharply in after?hours trading as investors appeared to take profit and reprice elevated expectations. Yahoo: Stock Down After Beats
• Negative Sentiment: Margin and guidance nuance — Reports flagged gross margin a touch below estimates and guidance that, while OK on EPS, didn’t clearly exceed revenue/margin expectations; that nuance likely triggered short?term selling. Seeking Alpha: Margin Note
• Negative Sentiment: Insider sale disclosed — Director Charles Giancarlo sold 8,000 shares under a pre?arranged 10b5?1 plan; routine but can be perceived negatively by momentum traders. SEC Filing: Insider Sale

Insider Activity at Arista Networks

In other news, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $155.02, for a total transaction of $1,378,127.80. Following the sale, the chief financial officer directly owned 60,734 shares in the company, valued at approximately $9,414,984.68. The trade was a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 1,395 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total value of $213,532.65. Following the completion of the sale, the director owned 9,784 shares in the company, valued at $1,497,636.88. The trade was a 12.48% 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. In the last 90 days, insiders sold 1,502,729 shares of company stock valued at $246,707,719. Corporate insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on ANET shares. Evercore reaffirmed an “outperform” rating and issued a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Needham & Company LLC boosted their price target on Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 13th. KeyCorp reaffirmed an “overweight” rating and issued a $178.00 price target (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. UBS Group set a $200.00 price target on Arista Networks in a research note on Tuesday, February 24th. Finally, TD Cowen assumed coverage on Arista Networks in a research note on Thursday, March 12th. They issued a “buy” rating and a $170.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $178.67.

Arista Networks Trading Down 1.4%

NYSE:ANET opened at $170.18 on Wednesday. The stock has a market cap of $214.29 billion, a P/E ratio of 61.66, a price-to-earnings-growth ratio of 3.03 and a beta of 1.67. The stock’s 50-day moving average is $142.59 and its 200-day moving average is $137.87. Arista Networks, Inc. has a 1-year low of $82.80 and a 1-year high of $179.80.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The business’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities analysts forecast that Arista Networks, Inc. will post 3.17 EPS for the current 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.