Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 76,410 shares of the technology company’s stock, valued at approximately $10,012,000.
A number of other institutional investors have also recently added to or reduced their stakes in ANET. Knuff & Co LLC acquired a new position in shares of Arista Networks in the 3rd quarter worth approximately $29,000. Board of the Pension Protection Fund acquired a new position in shares of Arista Networks in the 4th quarter worth approximately $26,000. Quarry LP acquired a new position in shares of Arista Networks in the 3rd quarter worth approximately $33,000. Ameliora Wealth Management Ltd. acquired a new position in shares of Arista Networks in the 4th quarter worth approximately $30,000. Finally, Ares Financial Consulting LLC acquired a new position in shares of Arista Networks in the 4th quarter worth approximately $34,000. 82.47% of the stock is owned by institutional investors.
Key Stories Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Raymond James upgraded Arista Networks to Outperform from Market Perform and raised its price target to $164, citing improving revenue growth prospects into 2027 and beyond. Raymond James flips Arista (ANET) to outperform with $164 target
- Positive Sentiment: Coverage around Arista highlighted it as a key beneficiary of AI data center networking upgrades, reinforcing the view that the company is well positioned for secular demand from next-generation cloud and AI infrastructure. Why Arista Networks (ANET) Is Central to AI Data Center Networking Upgrades
- Positive Sentiment: Recent articles also pointed to Arista’s strong Q1 results, with revenue up 35.1% year over year to $2.71 billion and guidance for about $2.8 billion in Q2 revenue, supporting the growth narrative. Arista Networks, Inc. (ANET): Among Stocks That Will Make You Rich Over the Next Decade
- Neutral Sentiment: Arista’s presentation at J.P. Morgan’s technology conference kept the stock in focus, but the transcript itself did not add a clearly new catalyst beyond the existing growth story. Arista Networks, Inc. (ANET) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Arista Networks Price Performance
Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings results 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 business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same period last year, the business earned $0.65 earnings per share. The business’s quarterly revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, research analysts anticipate that Arista Networks, Inc. will post 3.28 earnings per share for the current year.
Analysts Set New Price Targets
ANET has been the topic of a number of recent analyst reports. Piper Sandler restated an “overweight” rating and issued a $181.00 price target (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Evercore reiterated an “outperform” rating and issued a $200.00 target price on shares of Arista Networks in a research note on Friday, February 13th. Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Wells Fargo & Company upped their price objective on shares of Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Finally, Citigroup lowered their price target on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $181.84.
View Our Latest Stock Analysis on Arista Networks
Insider Transactions at Arista Networks
In other news, insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the transaction, the insider owned 12,976 shares in the company, valued at approximately $1,740,600.64. This trade represents a 71.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jayshree Ullal sold 428,000 shares of Arista Networks 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 completion of the sale, the chief executive officer owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This trade represents a 7.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,444,729 shares of company stock worth $238,448,539. Insiders own 2.70% of the company’s stock.
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.
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