ING Groep NV Reduces Stock Position in Arista Networks, Inc. $ANET

ING Groep NV lowered its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 19.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 258,910 shares of the technology company’s stock after selling 62,352 shares during the quarter. ING Groep NV’s holdings in Arista Networks were worth $33,925,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Lighthouse Financial Services Inc. ADV purchased a new position in Arista Networks during the 4th quarter worth $1,549,000. Bensler LLC purchased a new position in Arista Networks during the 4th quarter worth $6,350,000. QRG Capital Management Inc. increased its holdings in Arista Networks by 6.4% during the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after purchasing an additional 10,217 shares during the period. Jefferies Financial Group Inc. increased its holdings in Arista Networks by 59.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock worth $2,309,000 after purchasing an additional 6,591 shares during the period. Finally, Reaves W H & Co. Inc. purchased a new position in Arista Networks during the 4th quarter worth $3,058,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In other news, CEO Jayshree Ullal sold 13,809 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total transaction of $2,140,947.36. Following the completion of the sale, the chief executive officer owned 9,917 shares in the company, valued at approximately $1,537,531.68. This represents a 58.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total value of $384,336.00. Following the sale, the chief financial officer owned 64,408 shares of the company’s stock, valued at approximately $10,112,056. This represents a 3.66% decrease in their position. 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 three months, insiders have sold 1,943,142 shares of company stock worth $314,941,943. 2.70% of the stock is currently owned by company insiders.

More Arista Networks News

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

• Positive Sentiment: Arista’s latest bullish commentary highlighted surging AI networking demand, market leadership, and pricing power, with management/model assumptions pointing to a larger total addressable market and strong revenue growth through 2028. Arista Networks: TAM Expansion And Surging AI Demand
• Positive Sentiment: Several recent pieces emphasized that Arista remains a favorite among growth investors because of AI infrastructure spending, high gross margins, and expectations for continued earnings expansion. US High Growth Tech Stocks with Promising Potential
• Positive Sentiment: Investor interest has stayed elevated, with multiple articles noting ANET’s strong post-earnings performance and continued attention from traders and analysts. Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Some coverage focused on valuation debate after Arista’s strong rally, suggesting investors are weighing rich expectations against its growth profile. Is It Too Late To Consider Arista Networks (ANET) After Its Strong 1-Year Rally?
• Negative Sentiment: A director sold 8,000 shares under a pre-arranged trading plan, which can create mild sentiment pressure even though the sale was not viewed as a surprise. Arista Networks (NYSE:ANET) Director Charles Giancarlo Sells 8,000 Shares

Arista Networks Trading Down 7.1%

Shares of NYSE ANET opened at $154.23 on Friday. The stock has a market capitalization of $194.21 billion, a PE ratio of 52.82, a price-to-earnings-growth ratio of 2.38 and a beta of 1.61. The stock’s fifty day simple moving average is $150.97 and its two-hundred day simple moving average is $138.82. Arista Networks, Inc. has a 12-month low of $85.58 and a 12-month high of $179.80.

Arista Networks (NYSE:ANET) last announced its 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. The business 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 30.10% and a net margin of 38.32%.The business’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on ANET. TD Cowen restated a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a report on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating and set a $188.00 price objective (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Wells Fargo & Company raised their price objective on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Piper Sandler restated an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Finally, KeyCorp restated an “overweight” rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $185.72.

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.