Evelyn Partners Investment Management LLP Raises Stake in Arista Networks, Inc. $ANET

Evelyn Partners Investment Management LLP increased its position in shares of Arista Networks, Inc. (NYSE:ANET) by 123.0% during the second quarter, Holdings Channel reports. The fund owned 37,306 shares of the technology company’s stock after acquiring an additional 20,578 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in Arista Networks were worth $3,817,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Arista Networks by 321.7% in the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after purchasing an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of Arista Networks in the 4th quarter worth about $202,000. Bison Wealth LLC acquired a new position in shares of Arista Networks in the 4th quarter valued at about $251,000. PFG Advisors grew its holdings in shares of Arista Networks by 2.7% during the 1st quarter. PFG Advisors now owns 5,061 shares of the technology company’s stock worth $392,000 after purchasing an additional 131 shares during the period. Finally, Wedbush Securities Inc. increased its position in Arista Networks by 33.4% during the 1st quarter. Wedbush Securities Inc. now owns 9,364 shares of the technology company’s stock worth $726,000 after purchasing an additional 2,347 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ANET has been the subject of several research reports. William Blair reiterated an “outperform” rating on shares of Arista Networks in a research note on Friday, September 12th. Erste Group Bank downgraded shares of Arista Networks from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Wells Fargo & Company boosted their target price on shares of Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Morgan Stanley set a $171.00 price target on shares of Arista Networks and gave the company an “overweight” rating in a report on Friday, October 10th. Finally, BNP Paribas Exane raised shares of Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 price objective for the company in a research report on Thursday, September 25th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $164.31.

Arista Networks Trading Down 1.8%

Shares of NYSE ANET opened at $117.40 on Friday. The stock has a 50 day simple moving average of $143.90 and a 200-day simple moving average of $122.73. The company has a market cap of $147.84 billion, a PE ratio of 46.18, a P/E/G ratio of 3.37 and a beta of 1.48. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $164.94.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. Arista Networks had a net margin of 40.90% and a return on equity of 31.05%. The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm earned $2.40 EPS. Arista Networks’s revenue was up 27.5% on a year-over-year basis. Arista Networks has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 1,247,688 shares of the stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $148.53, for a total value of $185,319,098.64. Following the completion of the sale, the chief executive officer directly owned 5,383,207 shares of the company’s stock, valued at approximately $799,567,735.71. This represents a 18.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $157.12, for a total transaction of $1,256,960.00. Following the transaction, the director owned 33,784 shares in the company, valued at approximately $5,308,142.08. This represents a 19.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,009,040 shares of company stock valued at $293,922,634 in the last three months. 3.39% of the stock is currently owned by company insiders.

Arista Networks Company Profile

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.