IPG Investment Advisors LLC Has $2.73 Million Holdings in Arista Networks, Inc. $ANET

IPG Investment Advisors LLC boosted its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 66.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,840 shares of the technology company’s stock after buying an additional 8,286 shares during the quarter. IPG Investment Advisors LLC’s holdings in Arista Networks were worth $2,731,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new position in Arista Networks during the fourth quarter worth approximately $26,000. Knuff & Co LLC acquired a new position in Arista Networks during the third quarter worth approximately $29,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks during the fourth quarter worth approximately $30,000. Quarry LP acquired a new position in shares of Arista Networks in the third quarter valued at approximately $33,000. Finally, Ares Financial Consulting LLC acquired a new position in shares of Arista Networks in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Trading Down 2.4%

Shares of ANET stock opened at $154.17 on Thursday. The stock has a market cap of $194.13 billion, a P/E ratio of 52.80, a price-to-earnings-growth ratio of 2.43 and a beta of 1.67. The stock has a 50 day simple moving average of $146.62 and a 200 day simple moving average of $137.31. Arista Networks, Inc. has a 1 year low of $83.86 and a 1 year high of $179.80.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Analysts forecast that Arista Networks, Inc. will post 3.28 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on ANET. Susquehanna raised Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. KeyCorp reaffirmed an “overweight” rating and issued a $178.00 target price (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. TD Cowen reaffirmed a “buy” rating and issued a $200.00 target price (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Weiss Ratings raised Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Finally, JPMorgan Chase & Co. upped their target price on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $185.72.

Insiders Place Their Bets

In related news, Director Kelly Bodnar Battles sold 422 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the completion of the sale, the director directly owned 10,078 shares in the company, valued at approximately $1,475,822.32. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $140.08, for a total value of $4,482,560.00. Following the completion of the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,817,678.08. This trade represents a 71.15% 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 a total of 1,706,885 shares of company stock valued at $277,584,100 in the last quarter. Company insiders own 2.70% of the company’s stock.

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.