Dalton Investments Inc. Reduces Stake in Arista Networks, Inc. $ANET

Dalton Investments Inc. cut its position in shares of Arista Networks, Inc. (NYSE:ANET) by 39.1% during the 4th quarter, HoldingsChannel reports. The firm owned 25,100 shares of the technology company’s stock after selling 16,100 shares during the period. Arista Networks accounts for about 2.4% of Dalton Investments Inc.’s investment portfolio, making the stock its 8th biggest holding. Dalton Investments Inc.’s holdings in Arista Networks were worth $3,289,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ANET. Board of the Pension Protection Fund bought a new stake in shares of Arista Networks during the fourth quarter valued at approximately $26,000. Knuff & Co LLC bought a new stake in shares of Arista Networks during the third quarter valued at approximately $29,000. Ameliora Wealth Management Ltd. bought a new stake in shares of Arista Networks during the fourth quarter valued at approximately $30,000. Quarry LP bought a new stake in shares of Arista Networks during the third quarter valued at approximately $33,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Arista Networks during the fourth quarter valued at approximately $34,000. 82.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ANET shares. JPMorgan Chase & Co. lifted their price target on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Raymond James Financial raised Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price on the stock in a report on Friday, May 15th. Wolfe Research reissued an “outperform” rating and issued a $175.00 target price on shares of Arista Networks in a report on Wednesday. Morgan Stanley reissued an “overweight” rating and issued a $180.00 target price on shares of Arista Networks in a report on Friday, May 1st. Finally, KeyCorp reissued an “overweight” rating and issued a $178.00 target price (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $185.95.

Arista Networks Trading Up 3.1%

Arista Networks stock opened at $156.46 on Friday. The business’s fifty day simple moving average is $153.66 and its two-hundred day simple moving average is $139.83. Arista Networks, Inc. has a 12 month low of $85.58 and a 12 month high of $179.80. The company has a market capitalization of $197.01 billion, a price-to-earnings ratio of 53.58, a price-to-earnings-growth ratio of 2.34 and a beta of 1.61.

Arista Networks (NYSE:ANET) last released its 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 business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current year.

Insider Activity

In other news, CEO Jayshree Ullal sold 428,000 shares of the company’s stock in a transaction on 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 240,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $163.06, for a total value of $39,134,400.00. Following the transaction, the insider directly owned 331,848 shares in the company, valued at approximately $54,111,134.88. The trade was a 41.97% decrease in their ownership of the stock. 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 a total of 2,403,142 shares of company stock valued at $388,820,943 over the last ninety days. 2.70% of the stock is currently owned by corporate insiders.

More Arista Networks News

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

• Positive Sentiment: Arista’s rollout of its 7060XE7 Series 1.6T networking platforms supports the AI growth story, as the products are designed for rack-scale AI infrastructure and higher-capacity data-center networking. Article Title
• Positive Sentiment: Erste Group Bank raised its FY2027 earnings estimate for Arista Networks, adding to signs that Wall Street expects continued earnings growth. Article Title
• Neutral Sentiment: Broader market volatility tied to AI spending, interest rates, and growth concerns may be increasing attention on AI infrastructure names like ANET, but it is not a company-specific catalyst. Article Title
• Negative Sentiment: Recent insider selling by major shareholder Andreas Bechtolsheim may weigh on sentiment, even though the trades were made under a pre-arranged 10b5-1 plan. Article Title

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.