Arista Networks, Inc. $ANET Position Boosted by Ieq Capital LLC

Ieq Capital LLC grew its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 12.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 661,031 shares of the technology company’s stock after purchasing an additional 74,800 shares during the period. Ieq Capital LLC’s holdings in Arista Networks were worth $86,615,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Arista Networks by 321.7% in the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after buying an additional 5,955 shares during the period. Revolve Wealth Partners LLC acquired a new position in shares of Arista Networks in the fourth quarter worth about $202,000. Bison Wealth LLC acquired a new position in shares of Arista Networks in the fourth quarter worth about $251,000. Sivia Capital Partners LLC boosted its holdings in shares of Arista Networks by 48.4% in the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after buying an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of Arista Networks by 31.3% in the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after buying an additional 1,000 shares during the period. Institutional investors own 82.47% of the company’s stock.

Arista Networks News Summary

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

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

Arista Networks Price Performance

NYSE ANET opened at $163.38 on Friday. The company has a 50 day simple moving average of $154.43 and a 200-day simple moving average of $139.99. The firm has a market capitalization of $205.73 billion, a price-to-earnings ratio of 55.95, a price-to-earnings-growth ratio of 2.41 and a beta of 1.61. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80.

Arista Networks (NYSE:ANET) last posted 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. The business 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%. The firm’s revenue was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on ANET. The Goldman Sachs Group reiterated a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. JPMorgan Chase & Co. raised their target price on shares of Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Bank of America raised their target price on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two investment 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 stock. According to data from MarketBeat.com, Arista Networks has a consensus rating of “Buy” and a consensus target price of $186.47.

Insiders Place Their Bets

In other news, CEO Jayshree Ullal sold 13,809 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.04, for a total value of $2,140,947.36. Following the completion of the sale, the chief executive officer directly owned 9,917 shares of the company’s stock, valued at $1,537,531.68. This represents a 58.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the completion of the sale, the director directly owned 200,333 shares of the company’s stock, valued at $33,874,306.97. This trade represents a 3.84% 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. Insiders sold 2,403,142 shares of company stock valued at $388,820,943 over the last ninety days. Insiders own 2.70% of the company’s stock.

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.