Titan Wealth CI Ltd Buys New Position in Arista Networks, Inc. $ANET

Titan Wealth CI Ltd bought a new stake in Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 80,035 shares of the technology company’s stock, valued at approximately $10,486,000. Arista Networks comprises approximately 4.0% of Titan Wealth CI Ltd’s portfolio, making the stock its 7th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of ANET. Knuff & Co LLC purchased a new position in shares of Arista Networks in the third quarter valued at approximately $29,000. Board of the Pension Protection Fund acquired a new position in shares of Arista Networks in the fourth quarter valued at approximately $26,000. Quarry LP purchased a new stake in Arista Networks during the 3rd quarter worth approximately $33,000. Ameliora Wealth Management Ltd. purchased a new stake in Arista Networks during the 4th quarter worth approximately $30,000. Finally, Ares Financial Consulting LLC acquired a new stake in Arista Networks during the 4th quarter worth approximately $34,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ANET has been the subject of several recent research reports. Needham & Company LLC reissued a “buy” rating and issued a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and set a $190.00 price objective (up from $180.00) on shares of Arista Networks in a research report on Friday. Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective on the stock in a research note on Friday, May 15th. Wolfe Research reissued an “outperform” rating and set a $175.00 target price on shares of Arista Networks in a research note on Wednesday, June 10th. Finally, UBS Group restated a “buy” rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $186.47.

Insider Buying and Selling

In other news, major shareholder Andreas Bechtolsheim sold 220,000 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $157.93, for a total value of $34,744,600.00. Following the transaction, the insider owned 111,848 shares in the company, valued at approximately $17,664,154.64. This represents a 66.30% decrease in their position. The transaction 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, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total value of $384,336.00. Following the sale, the chief financial officer directly owned 64,408 shares in the company, valued at $10,112,056. This trade 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. Insiders sold 2,343,747 shares of company stock valued at $380,853,419 over the last 90 days. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks Stock Down 0.4%

NYSE ANET opened at $168.48 on Wednesday. Arista Networks, Inc. has a 52 week low of $85.58 and a 52 week high of $179.80. The firm has a 50 day moving average of $156.12 and a two-hundred day moving average of $140.71. The stock has a market capitalization of $212.15 billion, a PE ratio of 57.70, a price-to-earnings-growth ratio of 2.61 and a beta of 1.61.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company’s revenue was up 35.1% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

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.