Arista Networks, Inc. $ANET Shares Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS lifted its position in shares of Arista Networks, Inc. (NYSE:ANET) by 4.0% during the fourth quarter, HoldingsChannel reports. The firm owned 539,500 shares of the technology company’s stock after purchasing an additional 20,900 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Arista Networks were worth $70,691,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Global Trust Asset Management LLC lifted its position in shares of Arista Networks by 33.0% during the third quarter. Global Trust Asset Management LLC now owns 19,273 shares of the technology company’s stock worth $2,808,000 after purchasing an additional 4,780 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of Arista Networks during the third quarter worth $8,263,000. National Wealth Management Group LLC acquired a new position in shares of Arista Networks during the third quarter worth $1,296,000. Three Seasons Wealth LLC acquired a new stake in shares of Arista Networks during the third quarter worth approximately $2,483,000. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Arista Networks by 38.3% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 662,139 shares of the technology company’s stock worth $96,480,000 after buying an additional 183,515 shares in the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, CFO Chantelle Yvette Breithaupt sold 8,890 shares of Arista Networks stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total value of $1,378,127.80. Following the completion of the transaction, the chief financial officer owned 60,734 shares of the company’s stock, valued at $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 available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $125.95, for a total transaction of $1,007,600.00. Following the completion of the transaction, the director directly owned 216,333 shares of the company’s stock, valued at approximately $27,247,141.35. This represents a 3.57% 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. In the last three months, insiders sold 674,729 shares of company stock worth $103,441,374. Company insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on ANET shares. Rosenblatt Securities raised shares of Arista Networks from a “neutral” rating to a “buy” rating and raised their price target for the stock from $165.00 to $180.00 in a research report on Tuesday, April 7th. Truist Financial started coverage on shares of Arista Networks in a research report on Tuesday, March 31st. They set a “buy” rating and a $161.00 price target for the company. UBS Group set a $200.00 price target on shares of Arista Networks in a research report on Tuesday, February 24th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, Weiss Ratings raised shares of Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Arista Networks presently has an average rating of “Buy” and an average target price of $177.83.

Arista Networks Price Performance

Arista Networks stock opened at $173.09 on Wednesday. The company has a market cap of $217.95 billion, a PE ratio of 62.71, a P/E/G ratio of 2.93 and a beta of 1.48. The company has a fifty day moving average price of $137.29 and a two-hundred day moving average price of $136.59. Arista Networks, Inc. has a 12 month low of $67.16 and a 12 month high of $173.85.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.07. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The firm’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.66 earnings per share. Equities research analysts anticipate that Arista Networks, Inc. will post 3.17 earnings per share for the current year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Evercore added Arista to a tactical outperform list ahead of Q1 results, signaling analyst confidence in a beat‑and‑raise setup that can drive short‑term upside into earnings. Evercore adds Arista Networks, IBM to tactical outperform list ahead of earnings
• Positive Sentiment: Coverage highlighting Arista as a leading beneficiary of AI data‑center spending strengthens the growth narrative and justifies premium multiples as cloud/AI customers upgrade networking stacks. Arista Networks Inc. (ANET): Potential Winner of AI Networking War
• Positive Sentiment: Multiple writeups note Arista’s history of beating estimates and position the company for another upside surprise; combined with recent analyst price‑target raises, this is fueling buying momentum. Are You Looking for a Top Momentum Pick? Why Arista Networks (ANET) is a Great Choice
• Neutral Sentiment: Trending/“momentum pick” articles (Yahoo/QZ/Zacks syndication) are driving retail attention and higher intraday volume; useful for momentum traders but not definitive on fundamentals. Are You Looking for a Top Momentum Pick? Why Arista Networks (ANET) is a Great Choice (QZ)
• Negative Sentiment: CEO Jayshree Ullal sold 350,000 shares (~$55.8M) under a pre‑arranged Rule 10b5‑1 plan; the size of the sale is notable and may give some investors pause despite the plan disclosure. Insider Selling: Arista Networks (NYSE:ANET) CEO Sells 350,000 Shares of Stock

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.