Royal London Asset Management Ltd. Trims Holdings in Arista Networks, Inc. $ANET

Royal London Asset Management Ltd. decreased its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 590,889 shares of the technology company’s stock after selling 11,260 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Arista Networks were worth $77,424,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Board of the Pension Protection Fund purchased a new stake in Arista Networks in the fourth quarter valued at $26,000. Knuff & Co LLC purchased a new stake in Arista Networks in the third quarter valued at $29,000. Ameliora Wealth Management Ltd. purchased a new stake in Arista Networks in the fourth quarter valued at $30,000. Quarry LP purchased a new stake in Arista Networks in the third quarter valued at $33,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Arista Networks in the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Trending Headlines about Arista Networks

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

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

Arista Networks Stock Up 4.5%

Shares of NYSE ANET opened at $163.38 on Friday. The stock has a market cap of $205.73 billion, a PE ratio of 55.95, a price-to-earnings-growth ratio of 2.41 and a beta of 1.61. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80. The business has a 50-day moving average price of $154.43 and a 200 day moving average price of $139.99.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The business’s revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ANET shares. Citigroup dropped their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Rosenblatt Securities upped their price objective on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wolfe Research reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Arista Networks in a research report on Wednesday. Finally, Truist Financial set a $175.00 price objective on Arista Networks in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Arista Networks has a consensus rating of “Buy” and a consensus price target of $186.47.

Insider Activity

In other Arista Networks news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the company’s stock in a transaction that occurred 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 $10,112,056. This represents a 3.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.04, for a total value of $2,140,947.36. Following the sale, the chief executive officer directly owned 9,917 shares of the company’s stock, valued at approximately $1,537,531.68. This represents a 58.20% 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 2,403,142 shares of company stock worth $388,820,943 over the last quarter. 2.70% of the stock is owned by insiders.

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.