Counterpoint Mutual Funds LLC Invests $552,000 in Arista Networks, Inc. $ANET

Posted by Geri Gentry on Jul 5th, 2026

Counterpoint Mutual Funds LLC acquired a new position in Arista Networks, Inc. (NYSE:ANET – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,498 shares of the technology company’s stock, valued at approximately $552,000.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock worth $13,258,877,000 after acquiring an additional 1,188,799 shares during the period. State Street Corp boosted its stake in shares of Arista Networks by 1.4% during the 4th quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after acquiring an additional 628,146 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Arista Networks by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock valued at $4,870,618,000 after acquiring an additional 380,724 shares during the period. Geode Capital Management LLC grew its position in shares of Arista Networks by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock valued at $3,455,095,000 after acquiring an additional 477,625 shares during the period. Finally, Norges Bank purchased a new stake in shares of Arista Networks in the 4th quarter worth $1,558,563,000. 82.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ANET has been the topic of a number of recent research reports. Truist Financial set a $175.00 target price on Arista Networks in a report on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $190.00 price objective (up from $180.00) on shares of Arista Networks in a research note on Friday, June 12th. Piper Sandler reaffirmed an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. TD Cowen reiterated a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, UBS Group reissued a “buy” rating and issued a $187.00 target price (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $187.63.

View Our Latest Stock Report on Arista Networks

Insider Activity at Arista Networks

In related news, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $169.09, for a total value of $1,352,720.00. Following the transaction, the director directly owned 200,333 shares of the company’s stock, valued at approximately $33,874,306.97. The trade was a 3.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total value of $384,336.00. Following the completion of the transaction, the chief financial officer owned 64,408 shares of the company’s stock, valued at $10,112,056. The trade was a 3.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,639,080 shares of company stock worth $430,322,162 in the last three months. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

Shares of ANET stock opened at $160.38 on Friday. Arista Networks, Inc. has a 52-week low of $100.33 and a 52-week high of $179.80. The firm has a market capitalization of $201.95 billion, a PE ratio of 54.93, a PEG ratio of 2.47 and a beta of 1.60. The stock has a fifty day simple moving average of $159.07 and a two-hundred day simple moving average of $143.91.

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 the consensus estimate of $0.81 by $0.06. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The business’s revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, sell-side analysts forecast that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Arista Networks Company 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.