Fideuram Asset Management Ireland dac Invests $6.83 Million in Arista Networks, Inc. $ANET

Fideuram Asset Management Ireland dac bought a new position in shares of Arista Networks, Inc. (NYSE:ANET) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 55,494 shares of the technology company’s stock, valued at approximately $6,827,000.

A number of other hedge funds also recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after purchasing an additional 70 shares during the period. United Asset Strategies Inc. raised its stake in shares of Arista Networks by 1.2% during the 4th quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock worth $827,000 after purchasing an additional 72 shares during the period. West Family Investments Inc. raised its stake in Arista Networks by 0.9% in the 3rd quarter. West Family Investments Inc. now owns 8,364 shares of the technology company’s stock valued at $1,219,000 after acquiring an additional 76 shares during the period. Personal CFO Solutions LLC raised its stake in Arista Networks by 3.2% in the 4th quarter. Personal CFO Solutions LLC now owns 2,429 shares of the technology company’s stock valued at $318,000 after acquiring an additional 76 shares during the period. Finally, Clark Financial Services Group Inc. BD raised its stake in Arista Networks by 2.2% in the 4th quarter. Clark Financial Services Group Inc. BD now owns 3,776 shares of the technology company’s stock valued at $518,000 after acquiring an additional 80 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Insider Transactions at Arista Networks

In other news, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the completion of the transaction, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. The trade was a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 220,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $156.86, for a total value of $34,509,200.00. Following the transaction, the insider directly owned 182,803,048 shares of the company’s stock, valued at $28,674,486,109.28. The trade was a 0.12% 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. Over the last 90 days, insiders sold 1,943,142 shares of company stock valued at $314,618,583. 2.70% of the stock is owned by corporate insiders.

Arista Networks Stock Up 0.6%

ANET stock opened at $155.21 on Friday. Arista Networks, Inc. has a twelve month low of $83.86 and a twelve month high of $179.80. The firm has a market capitalization of $195.44 billion, a PE ratio of 53.15, a PEG ratio of 2.37 and a beta of 1.67. The stock has a 50-day simple moving average of $147.06 and a two-hundred day simple moving average of $137.46.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the firm earned $0.65 earnings per share. Arista Networks’s revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts anticipate that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ANET has been the topic of a number of research reports. Truist Financial set a $175.00 price objective on Arista Networks in a research note on Wednesday, May 6th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Barclays restated an “overweight” rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Morgan Stanley restated an “overweight” rating and issued a $180.00 price objective on shares of Arista Networks in a research note on Friday, May 1st. Finally, Piper Sandler restated an “overweight” rating and issued a $181.00 price objective (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $185.72.

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.