Arista Networks, Inc. $ANET Shares Bought by Forsta AP Fonden

Forsta AP Fonden grew its holdings in Arista Networks, Inc. (NYSE:ANET) by 16.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 379,700 shares of the technology company’s stock after acquiring an additional 54,300 shares during the quarter. Forsta AP Fonden’s holdings in Arista Networks were worth $49,752,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In related news, insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $163.31, for a total transaction of $5,225,920.00. Following the transaction, the insider owned 12,976 shares in the company, valued at $2,119,110.56. This trade represents a 71.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 220,000 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $28,674,486,109.28. This represents a 0.12% 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 have sold 1,943,142 shares of company stock worth $314,618,583 in the last quarter. 2.70% of the stock is owned by insiders.

Arista Networks News Summary

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

• Positive Sentiment: Zacks highlighted Arista Networks as a strong growth stock, pointing to its appeal across growth and momentum screens and reinforcing the view that ANET remains a high-quality long-term compounder. Article Title
• Positive Sentiment: Another Zacks note said ANET is benefiting from AI infrastructure spending, with hyperscalers expanding networks and driving demand for next-generation Ethernet products, which supports the company’s growth outlook. Article Title
• Positive Sentiment: Wall Street remains constructive on Arista Networks, with multiple analysts reiterating Buy/Overweight ratings and lifting price targets, reflecting confidence in continued revenue and earnings growth.
• Positive Sentiment: Recent earnings were solid, with Arista beating EPS and revenue estimates and posting 35% year-over-year revenue growth, which continues to underpin bullish sentiment.
• Neutral Sentiment: Institutional ownership remains high, and several small new positions were reported, but these filings are unlikely to be a major near-term driver on their own.
• Negative Sentiment: Recent insider sales by CFO Chantelle Yvette Breithaupt, CEO Jayshree Ullal, and major shareholder Andreas Bechtolsheim may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans.

Arista Networks Stock Up 2.5%

NYSE:ANET opened at $159.09 on Friday. The stock’s 50 day moving average price is $147.52 and its 200 day moving average price is $137.61. The company has a market capitalization of $200.33 billion, a PE ratio of 54.48, a P/E/G ratio of 2.39 and a beta of 1.67. Arista Networks, Inc. has a 52-week low of $83.86 and a 52-week high of $179.80.

Arista Networks (NYSE:ANET) last released 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 firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, sell-side analysts anticipate that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ANET shares. Piper Sandler reiterated an “overweight” rating and issued a $181.00 price objective (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, May 15th. UBS Group reiterated a “buy” rating and issued a $187.00 price objective (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Citigroup dropped their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Susquehanna upgraded Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Arista Networks has a consensus rating of “Buy” and an average target price of $185.72.

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.