Arista Networks, Inc. $ANET Position Reduced by Securian Asset Management Inc.

Posted by George Bondi on May 11th, 2026

Securian Asset Management Inc. cut its position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 43.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 28,078 shares of the technology company’s stock after selling 21,694 shares during the period. Securian Asset Management Inc.’s holdings in Arista Networks were worth $3,679,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Aubrey Capital Management Ltd increased its holdings in shares of Arista Networks by 22.0% in the 4th quarter. Aubrey Capital Management Ltd now owns 28,300 shares of the technology company’s stock valued at $3,708,000 after purchasing an additional 5,100 shares during the period. Dynamic Wealth Strategies LLC acquired a new position in shares of Arista Networks in the 4th quarter valued at about $169,000. Income Insurance Ltd acquired a new position in shares of Arista Networks in the 4th quarter valued at about $418,000. UNIVEST FINANCIAL Corp increased its holdings in shares of Arista Networks by 1.5% in the 4th quarter. UNIVEST FINANCIAL Corp now owns 58,459 shares of the technology company’s stock valued at $7,660,000 after purchasing an additional 881 shares during the period. Finally, Midwest Trust Co increased its holdings in shares of Arista Networks by 19.2% in the 4th quarter. Midwest Trust Co now owns 5,313 shares of the technology company’s stock valued at $696,000 after purchasing an additional 857 shares during the period. 82.47% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,502,729 shares of company stock worth $246,707,719. Corporate insiders own 3.39% of the company’s stock.

Arista Networks Stock Performance

NYSE:ANET opened at $141.73 on Monday. The stock’s 50 day moving average price is $143.25 and its 200 day moving average price is $137.87. Arista Networks, Inc. has a 52 week low of $83.86 and a 52 week high of $179.80. The company has a market capitalization of $178.47 billion, a P/E ratio of 48.54, a P/E/G ratio of 2.24 and a beta of 1.67.

Arista Networks (NYSE:ANET – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The firm’s 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, sell-side analysts forecast that Arista Networks, Inc. will post 3.18 earnings per share for the current fiscal year.

More Arista Networks News

Here are the key news stories impacting Arista Networks this week:

Positive Sentiment: Morgan Stanley raised its price target on Arista Networks to $180 from $165 and kept an Overweight rating, signaling confidence in the company’s long-term upside. Morgan Stanley Raises its Price Target on Arista Networks (ANET) to $180
Positive Sentiment: Needham also reiterated a Buy rating on ANET, adding to the list of bullish analyst calls after recent weakness in the shares. Arista Networks (NYSE:ANET) Receives “Buy” Rating from Needham & Company LLC
Positive Sentiment: Analyst commentary continues to frame Arista as a long-term growth stock, with one article highlighting its strong market position and another noting that analysts still see meaningful upside from current levels. Why Arista Networks (ANET) is a Top Growth Stock for the Long-Term Ignore the sell-off in Arista Networks stock. Analysts still think ANET can gain 36% from here.
Positive Sentiment: Recent coverage points to strong momentum in the shares, including a report that Arista rallied sharply in April as demand for data center networking and AI-related infrastructure stayed hot. Why Arista Networks Stock Rocketed 41% Higher in April and Why It’s Likely Just Getting Started
Neutral Sentiment: Several articles and analyst notes reinforced Arista’s visibility as a high-growth AI and networking play, but these were largely reiterations of the existing bullish thesis rather than new catalysts. Susquehanna Remains a Buy on Arista Networks (ANET) Analysts Offer Insights on Technology Companies: International Business Machines (IBM), Adtran (ADTN) and Arista Networks (ANET)
Negative Sentiment: The main drag on ANET is the company’s warning about supply constraints, which triggered the recent pullback and raised questions about near-term revenue timing despite solid demand. Is Arista Networks Stock a Buy on the Dip?
Negative Sentiment: One article also noted that Arista’s stock fell even after a strong Q1 report, suggesting investors are currently focused more on execution and supply issues than on the earnings beat itself. Why Arista Networks Stock Plummeted Today

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Truist Financial set a $175.00 target price on Arista Networks in a report on Wednesday. Piper Sandler reiterated an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a report on Wednesday. Morgan Stanley reiterated an “overweight” rating and issued a $180.00 target price on shares of Arista Networks in a report on Friday, May 1st. JPMorgan Chase & Co. increased their price objective on Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Finally, UBS Group restated a “buy” rating and issued a $187.00 price objective (up from $177.00) on shares of Arista Networks in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arista Networks currently has a consensus rating of “Buy” and an average target price of $182.83.

Check Out Our Latest Stock Analysis on Arista Networks

About Arista Networks

(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.