Resona Asset Management Co. Ltd. grew its holdings in Arista Networks, Inc. (NYSE:ANET – Free Report) by 2.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 334,178 shares of the technology company’s stock after purchasing an additional 7,120 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Arista Networks were worth $40,632,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the business. Norges Bank acquired a new position in shares of Arista Networks in the fourth quarter valued at approximately $1,558,563,000. Arrowstreet Capital Limited Partnership lifted its holdings in Arista Networks by 82.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock worth $1,396,939,000 after buying an additional 4,332,659 shares in the last quarter. M&T Bank Corp lifted its holdings in Arista Networks by 3,182.7% during the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock worth $525,741,000 after buying an additional 3,890,146 shares in the last quarter. Franklin Resources Inc. boosted its position in Arista Networks by 59.3% in the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after buying an additional 2,934,098 shares during the period. Finally, Pictet Asset Management Holding SA boosted its position in Arista Networks by 86.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock valued at $520,168,000 after buying an additional 1,960,829 shares during the period. 82.47% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Recent commentary says Arista is benefiting from the AI network buildout, with strong demand for its high-speed switching and routing products as cloud and data center operators expand AI capacity. Arista Networks (NYSE:ANET) AI Momentum Boosts Market Focus
- Positive Sentiment: ANET was also described as reaching a new high amid AI momentum, reinforcing the idea that investors are rotating into AI infrastructure winners. Arista Networks (NYSE:ANET) Reaches New High Amid AI Momentum
- Positive Sentiment: Unusually heavy call-option buying suggests traders are positioning for more upside, which can add momentum to the stock.
- Positive Sentiment: Analysts remain constructive, with a recent bullish note calling Arista expensive but still worth it and highlighting AI fabrics, 800G switching, campus expansion, and software/services as growth drivers. Arista Networks Is Expensive, But Still Worth It
- Neutral Sentiment: The company confirmed it will report second-quarter 2026 results on August 4, keeping investors focused on the next earnings catalyst. Arista Networks to Announce Q2 2026 Financial Results on Tuesday, August 4, 2026
- Neutral Sentiment: Wall Street sentiment remains broadly positive overall, with a consensus Buy rating and price targets still above recent trading levels.
- Negative Sentiment: Recent insider sales by major shareholder Andreas Bechtolsheim and Director Charles Giancarlo may slightly pressure sentiment, even though the trades were filed as part of pre-arranged 10b5-1 plans. Arista Networks (NYSE:ANET) Major Shareholder Sells 240,000 Shares
- Negative Sentiment: One market note also said ANET dipped more than the broader market in the latest session, suggesting some profit-taking after a strong run. Why Arista Networks (ANET) Dipped More Than Broader Market Today
Insiders Place Their Bets
Arista Networks Trading Up 8.7%
Shares of ANET opened at $180.93 on Thursday. The firm has a market capitalization of $227.83 billion, a price-to-earnings ratio of 61.96, a PEG ratio of 2.57 and a beta of 1.60. The firm’s fifty day simple moving average is $159.03 and its 200-day simple moving average is $145.07. Arista Networks, Inc. has a twelve month low of $102.68 and a twelve month high of $181.27.
Arista Networks (NYSE:ANET – Get Free Report) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company’s revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on ANET shares. Wolfe Research reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, June 10th. Morgan Stanley reiterated an “overweight” rating and issued a $190.00 target price (up from $180.00) on shares of Arista Networks in a report on Friday, June 12th. Weiss Ratings cut Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 15th. Citigroup cut their price target on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Barclays reaffirmed an “overweight” rating and issued a $195.00 price target (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $187.63.
View Our Latest Research Report on ANET
Arista Networks Profile
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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