Strs Ohio Grows Stake in Arista Networks, Inc. $ANET

Strs Ohio grew its position in Arista Networks, Inc. (NYSE:ANET) by 15.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 764,874 shares of the technology company’s stock after purchasing an additional 104,986 shares during the period. Strs Ohio’s holdings in Arista Networks were worth $100,221,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LVZ Inc. grew its holdings in Arista Networks by 14.7% in the fourth quarter. LVZ Inc. now owns 7,550 shares of the technology company’s stock worth $989,000 after purchasing an additional 968 shares during the last quarter. Artemis Investment Management LLP grew its holdings in Arista Networks by 18.8% in the fourth quarter. Artemis Investment Management LLP now owns 28,356 shares of the technology company’s stock worth $3,715,000 after purchasing an additional 4,494 shares during the last quarter. Caisse Des Depots ET Consignations grew its holdings in Arista Networks by 7.8% in the fourth quarter. Caisse Des Depots ET Consignations now owns 22,011 shares of the technology company’s stock worth $2,884,000 after purchasing an additional 1,586 shares during the last quarter. Composition Wealth LLC grew its holdings in Arista Networks by 3.7% in the fourth quarter. Composition Wealth LLC now owns 4,464 shares of the technology company’s stock worth $585,000 after purchasing an additional 161 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in Arista Networks in the fourth quarter worth $81,395,000. 82.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Weiss Ratings raised shares of Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, April 14th. Truist Financial started coverage on shares of Arista Networks in a research note on Tuesday, March 31st. They set a “buy” rating and a $161.00 price objective for the company. Needham & Company LLC lifted their price objective on shares of Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. TD Cowen started coverage on shares of Arista Networks in a research note on Thursday, March 12th. They set a “buy” rating and a $170.00 price objective for the company. Finally, KeyCorp reiterated an “overweight” rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $178.67.

Arista Networks News Roundup

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

• Positive Sentiment: Morgan Stanley expects Arista’s Q1 to benefit from new customer wins and margin resilience, reinforcing the view that demand tied to AI and hyperscale networking will support near-term revenue and profitability. Arista Networks’ Q1 Results to Benefit From New Customers, Margin Resilience, Morgan Stanley Says
• Positive Sentiment: Coverage previews highlight Arista’s AI networking momentum and the XPO platform launch as catalysts that have driven upward estimate revisions and stronger investor interest ahead of earnings. Should You Add ANET Stock to Your Portfolio Ahead of Q1 Earnings?
• Neutral Sentiment: Wall Street analyst consensus remains positive (average rating ~Buy), which supports sentiment but also suggests expectations are highly baked into the stock’s premium multiple. Wall Street Analysts See Arista Networks (ANET) as a Buy: Should You Invest?
• Neutral Sentiment: Arista is a trending stock on investor platforms — increased attention can amplify intraday moves but doesn’t guarantee direction without confirming earnings/guide. Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock
• Negative Sentiment: Several write-ups warn that Arista’s premium valuation and elevated expectations may limit upside if the company only meets (not exceeds) Q1 results or issues cautious guidance. That raises the risk of a pullback even with strong underlying demand trends. Should You Add ANET Stock to Your Portfolio Ahead of Q1 Earnings?

Insiders Place Their Bets

In related news, insider Kenneth Duda sold 32,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $142.44, for a total transaction of $4,558,080.00. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at $1,848,301.44. The trade was a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at $924,321,690.08. This represents a 7.59% 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 have sold 1,502,729 shares of company stock valued at $246,427,959 over the last 90 days. 3.39% of the stock is currently owned by insiders.

Arista Networks Trading Up 0.0%

NYSE:ANET opened at $172.76 on Friday. Arista Networks, Inc. has a 12 month low of $82.80 and a 12 month high of $179.80. The firm has a fifty day simple moving average of $141.84 and a 200-day simple moving average of $137.76. The company has a market capitalization of $217.53 billion, a P/E ratio of 62.59, a PEG ratio of 3.03 and a beta of 1.48.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.75 by $0.07. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. During the same period in the previous year, the firm posted $0.66 earnings per share. The business’s revenue for the quarter was up 28.9% compared to the same quarter last year. Equities analysts forecast that Arista Networks, Inc. will post 3.17 EPS for the current year.

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.