Arista Networks, Inc. $ANET Stock Holdings Lessened by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. trimmed its stake in Arista Networks, Inc. (NYSE:ANET) by 4.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 271,711 shares of the technology company’s stock after selling 13,411 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Arista Networks were worth $35,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in ANET. Massachusetts Financial Services Co. MA lifted its position in shares of Arista Networks by 2,829.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock worth $833,630,000 after purchasing an additional 5,525,828 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Arista Networks by 82.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock worth $1,396,939,000 after purchasing an additional 4,332,659 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Arista Networks by 1.0% in the third quarter. Vanguard Group Inc. now owns 100,000,830 shares of the technology company’s stock worth $14,571,121,000 after purchasing an additional 1,007,730 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Arista Networks by 28.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 3,946,087 shares of the technology company’s stock worth $574,984,000 after purchasing an additional 878,023 shares in the last quarter. Finally, Voya Investment Management LLC lifted its position in shares of Arista Networks by 29.8% in the third quarter. Voya Investment Management LLC now owns 3,778,322 shares of the technology company’s stock worth $550,539,000 after purchasing an additional 868,152 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 112,812 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $150.11, for a total transaction of $16,934,209.32. Following the transaction, the chief executive officer owned 9,917 shares in the company, valued at $1,488,640.87. This trade represents a 91.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the transaction, the insider owned 12,976 shares in the company, valued at approximately $1,740,600.64. This trade represents a 71.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 322,729 shares of company stock worth $45,399,474. 3.39% of the stock is currently owned by company insiders.

Arista Networks Stock Performance

NYSE:ANET opened at $164.39 on Friday. The stock’s 50 day moving average price is $136.20 and its 200 day moving average price is $136.40. Arista Networks, Inc. has a 52 week low of $66.59 and a 52 week high of $165.28. The company has a market capitalization of $206.56 billion, a P/E ratio of 59.56, a P/E/G ratio of 2.84 and a beta of 1.48.

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. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The firm had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the prior year, the company posted $0.66 earnings per share. The firm’s revenue was up 28.9% on a year-over-year basis. As a group, sell-side analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

More Arista Networks News

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

• Positive Sentiment: JPMorgan raised its price target to $200 and kept an “overweight” rating, giving the stock a clear upside catalyst for buy‑side interest. Read More.
• Positive Sentiment: Zacks upgraded ANET to a “strong‑buy” and listed it among high‑ROE stocks, which can attract retail/momentum flows. Read More.
• Positive Sentiment: News pieces highlight AI and cloud infrastructure demand (and S&P 500 indexing chatter) as drivers for Arista’s valuation and near‑term momentum. Read More.
• Positive Sentiment: Recent quarterly results remain supportive: Arista beat EPS and revenue estimates and reported ~29% YoY revenue growth and strong margins — fundamental backing for higher multiples. Read More.
• Neutral Sentiment: Peer data (Cisco, Ciena) confirms broad AI networking demand — a market tailwind for Arista but also signposts intensifying competition and supply dynamics. Read More.
• Neutral Sentiment: Consensus analyst coverage is heavily bullish (consensus target ~$177–$178), which supports momentum but ties moves to future estimate revisions.
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares under a pre‑arranged Rule 10b5‑1 plan (avg. ~$150), a large disclosed sale that can create short‑term sentiment pressure despite being planned. Read More.
• Negative Sentiment: CFO Chantelle Breithaupt sold 8,890 shares under a 10b5‑1 plan—another insider sale that investors will note when weighing near‑term flows. Read More.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ANET shares. Rosenblatt Securities raised shares of Arista Networks from a “neutral” rating to a “buy” rating and increased their price target for the stock from $165.00 to $180.00 in a research report on Tuesday, April 7th. Wells Fargo & Company increased their price target on shares of Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Needham & Company LLC increased their price objective on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Zacks Research upgraded Arista Networks from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $177.83.

About Arista Networks

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.