Themes Management Co LLC Makes New $818,000 Investment in Arista Networks, Inc. $ANET

Posted by Geri Gentry on May 26th, 2026

Themes Management Co LLC purchased a new position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,246 shares of the technology company’s stock, valued at approximately $818,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of ANET. Board of the Pension Protection Fund purchased a new stake in Arista Networks during the fourth quarter worth about $26,000. Knuff & Co LLC purchased a new stake in Arista Networks during the third quarter worth about $29,000. Ameliora Wealth Management Ltd. purchased a new stake in Arista Networks during the fourth quarter worth about $30,000. Quarry LP purchased a new stake in Arista Networks during the third quarter worth about $33,000. Finally, Ares Financial Consulting LLC purchased a new stake in Arista Networks during the fourth quarter worth about $34,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ANET has been the topic of a number of recent research reports. Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Morgan Stanley reiterated an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research note on Friday, May 1st. Needham & Company LLC reiterated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Barclays reiterated an “overweight” rating and set a $195.00 price target (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Finally, Evercore reaffirmed an “outperform” rating and issued a $200.00 target price on shares of Arista Networks in a report on Friday, February 13th. Two equities 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’s stock. Based on data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and an average price target of $181.84.

View Our Latest Analysis on ANET

Insider Activity at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 32,000 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $163.31, for a total value of $5,225,920.00. Following the transaction, the insider directly owned 12,976 shares in the company, valued at $2,119,110.56. This represents a 71.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 5,209,207 shares in the company, 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 sold 1,503,278 shares of company stock worth $246,655,981 over the last quarter. 2.70% of the stock is currently owned by insiders.

Arista Networks Trading Down 0.1%

Shares of NYSE:ANET opened at $153.92 on Tuesday. Arista Networks, Inc. has a 52 week low of $83.86 and a 52 week high of $179.80. The company’s 50 day moving average is $145.75 and its two-hundred day moving average is $137.05. The company has a market cap of $193.82 billion, a PE ratio of 52.71, a P/E/G ratio of 2.37 and a beta of 1.67.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly earnings data 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 company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the firm posted $0.65 EPS. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities research analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current year.

Arista Networks Profile

(Free Report)

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.