Vanguard Personalized Indexing Management LLC Purchases 27,530 Shares of Arista Networks, Inc. $ANET

Vanguard Personalized Indexing Management LLC grew its position in shares of Arista Networks, Inc. (NYSE:ANET) by 21.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 154,089 shares of the technology company’s stock after purchasing an additional 27,530 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Arista Networks were worth $15,765,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ANET. Nuveen LLC purchased a new stake in Arista Networks during the 1st quarter valued at about $933,626,000. AQR Capital Management LLC lifted its stake in shares of Arista Networks by 153.8% in the 1st quarter. AQR Capital Management LLC now owns 7,719,809 shares of the technology company’s stock valued at $584,119,000 after purchasing an additional 4,678,372 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Arista Networks by 37.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,552,484 shares of the technology company’s stock valued at $740,126,000 after purchasing an additional 2,594,184 shares during the period. Amundi lifted its stake in shares of Arista Networks by 35.3% in the 1st quarter. Amundi now owns 8,582,109 shares of the technology company’s stock valued at $611,852,000 after purchasing an additional 2,240,045 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in shares of Arista Networks by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 22,959,214 shares of the technology company’s stock valued at $1,778,880,000 after purchasing an additional 1,889,198 shares during the period. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Stock Performance

ANET opened at $154.51 on Friday. The stock has a market cap of $194.19 billion, a price-to-earnings ratio of 60.77, a P/E/G ratio of 3.21 and a beta of 1.47. The stock’s 50 day moving average price is $140.85 and its 200-day moving average price is $108.89. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $162.68.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, August 5th. The technology company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same period in the previous year, the company posted $0.53 EPS. Arista Networks’s revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. As a group, analysts predict that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Arista Networks from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Wolfe Research boosted their price target on Arista Networks from $160.00 to $185.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Rosenblatt Securities boosted their price objective on Arista Networks from $125.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, September 12th. Barclays boosted their target price on Arista Networks from $151.00 to $179.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Finally, UBS Group boosted their target price on Arista Networks from $115.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Nineteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $163.94.

Insider Activity

In other news, CEO Jayshree Ullal sold 1,785,165 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $136.22, for a total transaction of $243,175,176.30. Following the transaction, the chief executive officer owned 5,698,074 shares of the company’s stock, valued at approximately $776,191,640.28. This represents a 23.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 6,678,904 shares of company stock worth $894,021,161. 3.39% of the stock is currently owned by corporate insiders.

Arista Networks Profile

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.