Fjarde AP Fonden Fourth Swedish National Pension Fund Has $58.48 Million Holdings in Arista Networks, Inc. $ANET

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Arista Networks, Inc. (NYSE:ANET) by 57.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 476,334 shares of the technology company’s stock after purchasing an additional 173,050 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Arista Networks were worth $58,484,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in Arista Networks during the fourth quarter worth $1,558,563,000. Arrowstreet Capital Limited Partnership grew its holdings in Arista Networks by 82.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock worth $1,396,939,000 after acquiring an additional 4,332,659 shares during the period. M&T Bank Corp grew its stake in Arista Networks by 3,182.7% during the fourth quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after purchasing an additional 3,890,146 shares during the period. Franklin Resources Inc. lifted its position in shares of Arista Networks by 59.3% during the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after acquiring an additional 2,934,098 shares during the period. Finally, Pictet Asset Management Holding SA grew its stake in shares of Arista Networks by 86.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock valued at $520,168,000 after buying an additional 1,960,829 shares during the period. 82.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ANET. Deutsche Bank Aktiengesellschaft raised shares of Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. Wolfe Research reiterated an “outperform” rating and issued a $175.00 price objective on shares of Arista Networks in a research note on Wednesday, June 10th. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Piper Sandler reissued 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, Rosenblatt Securities upped their price target on Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $187.63.

Insider Activity

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This represents a 7.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 that occurred on Monday, June 15th. The shares were sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the completion of the sale, the insider directly owned 182,543,048 shares in the company, valued at $30,223,652,457.36. This represents a 0.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,639,080 shares of company stock valued at $430,322,162. 2.70% of the stock is owned by company insiders.

Arista Networks Stock Down 3.7%

Shares of NYSE ANET opened at $160.38 on Friday. Arista Networks, Inc. has a 52 week low of $100.33 and a 52 week high of $179.80. The company has a market cap of $201.95 billion, a P/E ratio of 54.93, a P/E/G ratio of 2.57 and a beta of 1.60. The business has a 50-day simple moving average of $159.42 and a two-hundred day simple moving average of $143.80.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during 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%. Arista Networks’s revenue was up 35.1% compared to the same quarter last year. During the same period last year, the business earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts anticipate that Arista Networks, Inc. will post 3.27 EPS for the current year.

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.