Westerkirk Capital Inc. Has $6.61 Million Stock Holdings in Arista Networks, Inc. $ANET

Westerkirk Capital Inc. boosted its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 55.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 50,436 shares of the technology company’s stock after buying an additional 17,900 shares during the quarter. Westerkirk Capital Inc.’s holdings in Arista Networks were worth $6,609,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Arista Networks by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after buying an additional 1,188,799 shares during the period. State Street Corp grew its holdings in shares of Arista Networks by 0.5% in the 3rd quarter. State Street Corp now owns 46,342,551 shares of the technology company’s stock valued at $6,752,573,000 after buying an additional 245,976 shares during the period. Geode Capital Management LLC grew its holdings in shares of Arista Networks by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock valued at $3,455,095,000 after buying an additional 477,625 shares during the period. Norges Bank acquired a new position in shares of Arista Networks in the 4th quarter valued at $1,558,563,000. Finally, Invesco Ltd. grew its holdings in shares of Arista Networks by 1.8% in the 3rd quarter. Invesco Ltd. now owns 10,094,255 shares of the technology company’s stock valued at $1,470,834,000 after buying an additional 181,813 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks News Roundup

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

• Positive Sentiment: Arista is being viewed as a beneficiary of the AI infrastructure buildout, with analysts and commentators pointing to strong execution, accelerated revenue and EPS growth, and tailwinds from cloud and data-center spending by major tech companies. Article Title
• Positive Sentiment: Bank of America raised its price target on ANET to $200 from $185 and kept a Buy rating, reinforcing optimism that the stock still has upside after the recent pullback. Article Title
• Positive Sentiment: Recent articles argue the stock’s pullback may be a dip-buying opportunity because Arista’s FY2026 guidance has been raised and demand trends in hyperscale and AI networking remain strong. Article Title
• Neutral Sentiment: Market commentary noted ANET has been mixed short term, with some momentum fading over the past week even though the stock has still gained over the past month and quarter. Article Title
• Negative Sentiment: Major shareholder Andreas Bechtolsheim sold 240,000 shares in a pre-arranged trading plan, a headline that can weigh on sentiment even though the sale was disclosed under a 10b5-1 plan. Article Title

Insider Buying and Selling at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 5,209,207 shares of the company’s stock, valued at $924,321,690.08. This represents a 7.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 240,000 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $163.06, for a total transaction of $39,134,400.00. Following the completion of the transaction, the insider directly owned 331,848 shares in the company, valued at approximately $54,111,134.88. This represents a 41.97% 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. Insiders have sold a total of 2,183,142 shares of company stock valued at $354,076,343 in the last three months. 2.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ANET shares. Citigroup decreased their price target on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Morgan Stanley restated an “overweight” rating and set a $180.00 price objective on shares of Arista Networks in a research note on Friday, May 1st. Needham & Company LLC restated a “buy” rating and set a $185.00 price objective on shares of Arista Networks in a research note on Wednesday, May 6th. Barclays restated an “overweight” rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Finally, UBS Group restated a “buy” rating and set a $187.00 price objective (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $186.47.

Arista Networks Stock Up 1.3%

Arista Networks stock opened at $156.32 on Tuesday. The stock has a market cap of $196.83 billion, a P/E ratio of 53.53, a P/E/G ratio of 2.38 and a beta of 1.61. Arista Networks, Inc. has a twelve month low of $85.58 and a twelve month high of $179.80. The company’s 50-day moving average price is $151.65 and its two-hundred day moving average price is $139.13.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. 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. Equities analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Arista Networks Company 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.