Ritholtz Wealth Management Grows Position in Arista Networks, Inc. $ANET

Posted by Geri Gentry on Jun 27th, 2026

Ritholtz Wealth Management increased its holdings in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 85.2% in the first quarter, Holdings Channel reports. The firm owned 19,510 shares of the technology company’s stock after buying an additional 8,973 shares during the period. Ritholtz Wealth Management’s holdings in Arista Networks were worth $2,395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new position in Arista Networks in the fourth quarter valued at about $26,000. Sankala Group LLC acquired a new stake in shares of Arista Networks during the fourth quarter valued at about $27,000. Prosperity Bancshares Inc purchased a new stake in shares of Arista Networks in the 4th quarter valued at approximately $28,000. Knuff & Co LLC purchased a new stake in shares of Arista Networks in the 3rd quarter valued at approximately $29,000. Finally, Ameliora Wealth Management Ltd. acquired a new position in shares of Arista Networks in the 4th quarter worth approximately $30,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 5,209,207 shares of the company’s stock, valued at $924,321,690.08. The trade was a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $165.57, for a total value of $43,048,200.00. Following the sale, the insider owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. This trade represents a 0.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 2,647,080 shares of company stock valued at $431,329,762. 2.70% of the stock is currently owned by company insiders.

Arista Networks Stock Down 4.6%

Arista Networks stock opened at $157.80 on Friday. The firm has a market cap of $198.70 billion, a PE ratio of 54.04, a price-to-earnings-growth ratio of 2.55 and a beta of 1.61. Arista Networks, Inc. has a 52-week low of $97.14 and a 52-week high of $179.80. The company’s 50 day moving average is $159.49 and its two-hundred day moving average is $142.71.

Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the previous year, the firm posted $0.65 earnings per share. 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. On average, equities research analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. TD Cowen reiterated a “buy” rating and issued a $200.00 target price (up from $170.00) on shares of Arista Networks in a report on Wednesday, May 6th. Bank of America upped their price target on Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Susquehanna upgraded Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Wolfe Research reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Arista Networks in a research note on Wednesday, June 10th. Finally, Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective on the stock in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $187.63.

View Our Latest Stock Analysis on Arista Networks

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.