Arista Networks, Inc. $ANET Shares Bought by Cambient Family Office LLC

Cambient Family Office LLC lifted its position in Arista Networks, Inc. (NYSE:ANET) by 14.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,765 shares of the technology company’s stock after acquiring an additional 6,245 shares during the period. Cambient Family Office LLC’s holdings in Arista Networks were worth $6,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Knuff & Co LLC acquired a new stake in Arista Networks during the 3rd quarter worth $29,000. Board of the Pension Protection Fund acquired a new stake in Arista Networks in the 4th quarter valued at about $26,000. Sankala Group LLC purchased a new position in Arista Networks in the 4th quarter worth approximately $27,000. Prosperity Bancshares Inc purchased a new position in Arista Networks in the 4th quarter worth approximately $28,000. Finally, Quarry LP acquired a new position in shares of Arista Networks during the 3rd quarter worth approximately $33,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Stock Down 4.6%

Shares of NYSE:ANET opened at $157.80 on Friday. Arista Networks, Inc. has a fifty-two week low of $97.14 and a fifty-two week high of $179.80. The firm’s 50 day moving average price is $159.49 and its 200 day moving average price is $142.71. The stock has a market cap of $198.70 billion, a price-to-earnings ratio of 54.04, a price-to-earnings-growth ratio of 2.55 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 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the firm posted $0.65 EPS. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities analysts anticipate that Arista Networks, Inc. will post 3.27 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Wolfe Research reiterated an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, June 10th. Truist Financial set a $175.00 price target on Arista Networks in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 15th. Morgan Stanley restated 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, June 12th. Finally, Barclays reiterated an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $187.63.

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 13,809 shares of Arista Networks stock in a transaction dated 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 directly owned 9,917 shares of the company’s stock, valued at $1,537,531.68. The trade was a 58.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $171.42, for a total value of $2,971,222.86. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at approximately $2,224,345.92. The trade was a 57.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,647,080 shares of company stock valued at $431,329,762 over the last 90 days. 2.70% of the stock is currently owned by corporate insiders.

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.