9,915 Shares in Arista Networks, Inc. $ANET Purchased by Capstone Capital Management Ltd

Capstone Capital Management Ltd acquired a new position in Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,915 shares of the technology company’s stock, valued at approximately $1,299,000. Arista Networks accounts for approximately 1.2% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 13th biggest holding.

Several other institutional investors have also bought and sold shares of the stock. Rakuten Investment Management Inc. acquired a new position in shares of Arista Networks in the 3rd quarter valued at about $8,263,000. Lighthouse Financial Services Inc. ADV acquired a new position in shares of Arista Networks in the 4th quarter valued at about $1,549,000. National Wealth Management Group LLC acquired a new position in shares of Arista Networks in the 3rd quarter valued at about $1,296,000. Bensler LLC acquired a new position in shares of Arista Networks in the 4th quarter valued at about $6,350,000. Finally, QRG Capital Management Inc. increased its holdings in shares of Arista Networks by 6.4% in the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock valued at $22,224,000 after purchasing an additional 10,217 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In other news, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $155.02, for a total transaction of $1,378,127.80. Following the sale, the chief financial officer directly owned 60,734 shares in the company, valued at approximately $9,414,984.68. The trade was a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the sale, the chief executive officer owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This represents a 7.59% decrease in their ownership of the stock. 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 sold a total of 1,444,729 shares of company stock valued at $238,448,539 in the last quarter. 2.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ANET. Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price on the stock in a report on Friday. UBS Group reiterated 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. Susquehanna upgraded Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Rosenblatt Securities increased their price objective on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Truist Financial set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Arista Networks currently has a consensus rating of “Buy” and a consensus target price of $181.84.

Arista Networks Stock Down 0.2%

Shares of ANET stock opened at $141.72 on Tuesday. Arista Networks, Inc. has a 12 month low of $83.86 and a 12 month high of $179.80. The firm has a market cap of $178.46 billion, a PE ratio of 48.54, a price-to-earnings-growth ratio of 2.18 and a beta of 1.67. The stock has a 50 day moving average of $144.62 and a 200-day moving average of $137.40.

Arista Networks (NYSE:ANET) last issued its quarterly 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 company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities analysts predict that Arista Networks, Inc. will post 3.28 EPS 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.