Railway Pension Investments Ltd Purchases Shares of 1,184,850 Arista Networks, Inc. $ANET

Railway Pension Investments Ltd acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,184,850 shares of the technology company’s stock, valued at approximately $201,282,000. Arista Networks makes up approximately 2.5% of Railway Pension Investments Ltd’s portfolio, making the stock its 11th biggest holding. Railway Pension Investments Ltd owned 0.09% of Arista Networks at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ANET. Main Street Group LTD acquired a new position in shares of Arista Networks in the 1st quarter valued at $26,000. Sankala Group LLC acquired a new stake in Arista Networks during the 4th quarter worth about $27,000. Prosperity Bancshares Inc acquired a new stake in Arista Networks during the 4th quarter worth about $28,000. ABS Investment Management LLC purchased a new stake in Arista Networks during the second quarter valued at about $29,000. Finally, Hilton Head Capital Partners LLC boosted its holdings in shares of Arista Networks by 184.9% in the first quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock worth $30,000 after buying an additional 159 shares during the period. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total value of $60,990,000.00. Following the transaction, the insider directly owned 181,143,048 shares of the company’s stock, valued at approximately $36,826,381,658.40. This represents a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the completion of the transaction, the chief executive officer directly owned 16,387,981 shares in the company, valued at $3,297,589,536.82. This trade represents a 4.47% 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. Over the last 90 days, insiders have sold 4,242,082 shares of company stock worth $800,487,376. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks Price Performance

NYSE ANET opened at $195.74 on Tuesday. The company has a 50 day simple moving average of $180.70 and a 200-day simple moving average of $158.88. The firm has a market capitalization of $246.87 billion, a price-to-earnings ratio of 61.75, a price-to-earnings-growth ratio of 2.02 and a beta of 1.60. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $214.89.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The firm’s revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, analysts predict that Arista Networks, Inc. will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ANET. Barclays restated an “overweight” rating and set a $289.00 price target (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Piper Sandler reaffirmed an “overweight” rating and issued a $240.00 price objective (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Morgan Stanley reiterated an “overweight” rating and set a $220.00 price objective (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Evercore reissued an “outperform” rating on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Rosenblatt Securities increased their target price on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Arista Networks presently has an average rating of “Buy” and an average target price of $225.76.

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.