Havemeyer Place LP Invests $919,000 in Arista Networks, Inc. $ANET

Havemeyer Place LP bought a new position in Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, HoldingsChannel reports. The fund bought 7,013 shares of the technology company’s stock, valued at approximately $919,000.

Several other hedge funds also recently made changes to their positions in ANET. Board of the Pension Protection Fund acquired a new position in shares of Arista Networks in the 4th quarter worth approximately $26,000. Knuff & Co LLC acquired a new position in shares of Arista Networks in the 3rd quarter worth approximately $29,000. Ameliora Wealth Management Ltd. acquired a new position in shares of Arista Networks in the 4th quarter worth approximately $30,000. Quarry LP acquired a new position in shares of Arista Networks in the 3rd quarter worth approximately $33,000. Finally, Ares Financial Consulting LLC acquired a new position in Arista Networks during the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Price Performance

NYSE:ANET opened at $154.23 on Monday. Arista Networks, Inc. has a 12-month low of $85.58 and a 12-month high of $179.80. The firm has a market capitalization of $194.21 billion, a P/E ratio of 52.82, a P/E/G ratio of 2.38 and a beta of 1.61. The business has a 50 day simple moving average of $150.97 and a 200 day simple moving average of $138.90.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the firm posted $0.65 EPS. The firm’s quarterly 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. Research analysts anticipate that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the completion of the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. The trade was a 7.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 220,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $156.86, for a total value of $34,509,200.00. Following the transaction, the insider owned 182,803,048 shares of the company’s stock, valued at $28,674,486,109.28. This trade represents a 0.12% 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 quarter, insiders sold 1,943,142 shares of company stock worth $314,941,943. 2.70% of the stock is owned by company insiders.

Trending Headlines about Arista Networks

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

Analyst Upgrades and Downgrades

ANET has been the subject of a number of analyst reports. Evercore restated an “outperform” rating and set a $200.00 price objective on shares of Arista Networks in a research report on Friday, February 13th. Truist Financial set a $175.00 price objective on Arista Networks in a research report on Wednesday, May 6th. Barclays restated an “overweight” rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Wells Fargo & Company boosted their price objective on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. boosted their price objective on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $185.72.

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.