SouthState Bank Corp grew its stake in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 87.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,945 shares of the technology company’s stock after purchasing an additional 8,354 shares during the period. SouthState Bank Corp’s holdings in Arista Networks were worth $2,351,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after purchasing an additional 70 shares in the last quarter. United Asset Strategies Inc. boosted its stake in shares of Arista Networks by 1.2% during the 4th quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock valued at $827,000 after purchasing an additional 72 shares in the last quarter. West Family Investments Inc. boosted its stake in shares of Arista Networks by 0.9% during the 3rd quarter. West Family Investments Inc. now owns 8,364 shares of the technology company’s stock valued at $1,219,000 after purchasing an additional 76 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in shares of Arista Networks by 3.2% during the 4th quarter. Personal CFO Solutions LLC now owns 2,429 shares of the technology company’s stock valued at $318,000 after purchasing an additional 76 shares in the last quarter. Finally, Clark Financial Services Group Inc. BD boosted its stake in shares of Arista Networks by 2.2% during the 4th quarter. Clark Financial Services Group Inc. BD now owns 3,776 shares of the technology company’s stock valued at $518,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.
Key Headlines Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista’s latest bullish commentary highlighted surging AI networking demand, market leadership, and pricing power, with management/model assumptions pointing to a larger total addressable market and strong revenue growth through 2028. Arista Networks: TAM Expansion And Surging AI Demand
- Positive Sentiment: Several recent pieces emphasized that Arista remains a favorite among growth investors because of AI infrastructure spending, high gross margins, and expectations for continued earnings expansion. US High Growth Tech Stocks with Promising Potential
- Positive Sentiment: Investor interest has stayed elevated, with multiple articles noting ANET’s strong post-earnings performance and continued attention from traders and analysts. Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Some coverage focused on valuation debate after Arista’s strong rally, suggesting investors are weighing rich expectations against its growth profile. Is It Too Late To Consider Arista Networks (ANET) After Its Strong 1-Year Rally?
- Negative Sentiment: A director sold 8,000 shares under a pre-arranged trading plan, which can create mild sentiment pressure even though the sale was not viewed as a surprise. Arista Networks (NYSE:ANET) Director Charles Giancarlo Sells 8,000 Shares
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Arista Networks
Insider Buying and Selling at Arista Networks
In related news, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the sale, the director owned 200,333 shares of the company’s stock, valued at $33,874,306.97. The trade was a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kelly Bodnar Battles sold 422 shares of the company’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 transaction of $61,797.68. Following the completion of the transaction, the director owned 10,078 shares in the company, valued at approximately $1,475,822.32. This represents a 4.02% 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. Insiders have sold a total of 1,943,142 shares of company stock valued at $314,941,943 over the last three months. 2.70% of the stock is currently owned by corporate insiders.
Arista Networks Price Performance
NYSE:ANET opened at $154.23 on Monday. Arista Networks, Inc. has a one year low of $85.58 and a one year high of $179.80. The company’s 50-day simple moving average is $150.97 and its 200 day simple moving average is $138.90. The firm has a market capitalization of $194.21 billion, a P/E ratio of 52.82, a PEG ratio of 2.38 and a beta of 1.61.
Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $2.62 billion. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Arista Networks’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. On average, equities research analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.
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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