Reaves W H & Co. Inc. Makes New Investment in Arista Networks, Inc. $ANET

Reaves W H & Co. Inc. purchased a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the fourth quarter, Holdings Channel reports. The fund purchased 23,336 shares of the technology company’s stock, valued at approximately $3,058,000.

A number of other institutional investors also recently bought and sold shares of the business. Florida Financial Advisors LLC raised its position in Arista Networks by 8.8% during the 4th quarter. Florida Financial Advisors LLC now owns 3,457 shares of the technology company’s stock worth $453,000 after buying an additional 279 shares during the last quarter. Redwood Financial Network Corp raised its position in Arista Networks by 4.0% during the 4th quarter. Redwood Financial Network Corp now owns 4,516 shares of the technology company’s stock worth $592,000 after buying an additional 173 shares during the last quarter. Rothschild Wealth LLC raised its position in Arista Networks by 212.1% during the 4th quarter. Rothschild Wealth LLC now owns 4,363 shares of the technology company’s stock worth $572,000 after buying an additional 2,965 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in Arista Networks by 29.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 709,983 shares of the technology company’s stock worth $93,029,000 after buying an additional 161,461 shares during the last quarter. Finally, Essex Financial Services Inc. increased its holdings in shares of Arista Networks by 195.6% during the 4th quarter. Essex Financial Services Inc. now owns 7,639 shares of the technology company’s stock valued at $1,001,000 after purchasing an additional 5,055 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ANET shares. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. JPMorgan Chase & Co. lifted their target price on shares of Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Rosenblatt Securities lifted their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Raymond James Financial raised shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price for the company in a report on Friday, May 15th. Finally, TD Cowen reaffirmed a “buy” rating and set a $200.00 target price (up from $170.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $185.72.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Zacks highlighted Arista Networks as a strong growth stock, pointing to its appeal across growth and momentum screens and reinforcing the view that ANET remains a high-quality long-term compounder. Article Title
• Positive Sentiment: Another Zacks note said ANET is benefiting from AI infrastructure spending, with hyperscalers expanding networks and driving demand for next-generation Ethernet products, which supports the company’s growth outlook. Article Title
• Positive Sentiment: Wall Street remains constructive on Arista Networks, with multiple analysts reiterating Buy/Overweight ratings and lifting price targets, reflecting confidence in continued revenue and earnings growth.
• Positive Sentiment: Recent earnings were solid, with Arista beating EPS and revenue estimates and posting 35% year-over-year revenue growth, which continues to underpin bullish sentiment.
• Neutral Sentiment: Institutional ownership remains high, and several small new positions were reported, but these filings are unlikely to be a major near-term driver on their own.
• Negative Sentiment: Recent insider sales by CFO Chantelle Yvette Breithaupt, CEO Jayshree Ullal, and major shareholder Andreas Bechtolsheim may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans.

Arista Networks Price Performance

NYSE:ANET opened at $159.09 on Monday. The firm has a market cap of $200.33 billion, a price-to-earnings ratio of 54.48, a price-to-earnings-growth ratio of 2.46 and a beta of 1.61. The company has a 50 day moving average price of $147.52 and a 200-day moving average price of $137.61. Arista Networks, Inc. has a 1-year low of $83.86 and a 1-year high of $179.80.

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 the consensus estimate 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 net margin of 38.32% and a return on equity of 30.10%. The firm’s revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, sell-side analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 220,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $156.86, for a total value of $34,509,200.00. Following the completion of the sale, the insider owned 182,803,048 shares of the company’s stock, valued at approximately $28,674,486,109.28. The trade was a 0.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total transaction of $384,336.00. Following the completion of the sale, the chief financial officer directly owned 64,408 shares of the company’s stock, valued at approximately $10,112,056. The trade was a 3.66% 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. Insiders have sold 1,935,142 shares of company stock worth $313,589,223 in the last 90 days. 2.70% of the stock is owned by insiders.

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.