Morningstar Investment Management LLC Reduces Stock Position in Arista Networks, Inc. $ANET

Morningstar Investment Management LLC cut its holdings in Arista Networks, Inc. (NYSE:ANET) by 37.9% during the 1st quarter, Holdings Channel reports. The firm owned 31,141 shares of the technology company’s stock after selling 19,010 shares during the period. Morningstar Investment Management LLC’s holdings in Arista Networks were worth $3,823,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of ANET. Vanguard Group Inc. raised its position in Arista Networks by 1.2% during 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 purchasing an additional 1,188,799 shares during the last quarter. State Street Corp grew its position in shares of Arista Networks by 1.4% in the 4th quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after buying an additional 628,146 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Arista Networks by 1.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock worth $4,870,618,000 after buying an additional 380,724 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Arista Networks by 1.8% during the fourth 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. Finally, Norges Bank purchased a new position in shares of Arista Networks during the fourth quarter valued at approximately $1,558,563,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Activity at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $140.08, for a total transaction of $4,482,560.00. Following the completion of the transaction, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,817,678.08. This trade represents a 71.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the transaction, the insider directly owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. This represents a 0.14% 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. Insiders sold a total of 2,264,983 shares of company stock valued at $376,175,065 in the last three months. Company insiders own 2.70% of the company’s stock.

Arista Networks Trading Down 1.6%

Shares of Arista Networks stock opened at $173.79 on Friday. The firm has a market capitalization of $218.83 billion, a P/E ratio of 59.52, a P/E/G ratio of 2.71 and a beta of 1.60. The business has a fifty day simple moving average of $164.95 and a two-hundred day simple moving average of $148.70. Arista Networks, Inc. has a 12 month low of $113.55 and a 12 month high of $189.82.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates 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 company’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Analysts predict that Arista Networks, Inc. will post 3.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ANET has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. UBS Group reiterated a “buy” rating and issued a $187.00 price target (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. KeyCorp reissued an “overweight” rating and set a $200.00 price objective (up from $178.00) on shares of Arista Networks in a research report on Thursday, June 18th. Morgan Stanley restated an “overweight” rating and issued a $190.00 price objective (up from $180.00) on shares of Arista Networks in a report on Friday, June 12th. Finally, Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $189.74.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: BofA and Needham commentary was broadly bullish ahead of Arista’s upcoming Q2 results, with analysts expecting the stock to keep rising on continued AI and data-center demand. Arista Networks sees largely bullish views at BofA ahead of Q2 results
• Positive Sentiment: Arista was highlighted as a beneficiary of expanding AI adoption, reinforcing the investment case that demand for networking gear tied to AI buildouts could support future growth. 4 Software Stocks Poised to Benefit From Expanding AI Adoption
• Positive Sentiment: Arista was also featured among high-ROE stocks that may appeal to investors seeking quality names during market volatility, underscoring its strong profitability profile. 5 High ROE Stocks to Buy as Surging Oil Prices Rattle Investors
• Neutral Sentiment: Recent coverage debated whether ANET is fairly valued for AI growth or still trading at a premium, suggesting investors are weighing strong fundamentals against a rich valuation. Is Arista Networks (ANET) Priced For AI Growth Or Too Expensive?
• Neutral Sentiment: Arista’s strong first-half performance and long-term stock gains continue to support a positive narrative, but this is more of a reminder of past strength than a direct near-term catalyst. Why Arista Networks Stock Rocketed 30% Higher in the First Half of 2026 and Why There’s Likely More to Come
• Negative Sentiment: The stock also slipped in the latest trading session, reflecting some profit-taking and softer short-term momentum despite the upbeat analyst backdrop. Arista Networks (ANET) Stock Falls Amid Market Uptick: What Investors Need to Know

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.