Arista Networks, Inc. $ANET Holdings Lifted by MML Investors Services LLC

MML Investors Services LLC grew its position in Arista Networks, Inc. (NYSE:ANET) by 8.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 288,508 shares of the technology company’s stock after buying an additional 23,529 shares during the period. MML Investors Services LLC’s holdings in Arista Networks were worth $37,803,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new stake in shares of Arista Networks in the 4th quarter worth approximately $26,000. Knuff & Co LLC acquired a new stake in shares of Arista Networks in the 3rd quarter worth approximately $29,000. Ameliora Wealth Management Ltd. acquired a new stake in shares of Arista Networks in the 4th quarter worth approximately $30,000. Quarry LP acquired a new stake in shares of Arista Networks in the 3rd quarter worth approximately $33,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Arista Networks in the 4th quarter worth approximately $34,000. Institutional investors own 82.47% of the company’s stock.

Arista Networks Price Performance

ANET stock opened at $169.20 on Tuesday. Arista Networks, Inc. has a 12 month low of $85.58 and a 12 month high of $179.80. The firm has a market cap of $213.06 billion, a PE ratio of 57.94, a P/E/G ratio of 2.52 and a beta of 1.61. The firm has a 50 day simple moving average of $155.28 and a 200 day simple moving average of $140.43.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the prior year, the business earned $0.65 earnings per share. The business’s quarterly 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. As a group, sell-side analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a “buy” rating in a research report on Wednesday, June 10th. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Morgan Stanley reiterated an “overweight” rating and set a $190.00 price target (up from $180.00) on shares of Arista Networks in a research report on Friday. Susquehanna upgraded Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, Citigroup lowered their price target on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Two 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 data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $186.47.

Insider Buying and Selling at Arista Networks

In related news, Director Kelly Bodnar Battles sold 422 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $146.44, for a total transaction of $61,797.68. Following the completion of the sale, the director directly owned 10,078 shares of the company’s stock, valued at $1,475,822.32. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $157.93, for a total transaction of $34,744,600.00. Following the sale, the insider directly owned 111,848 shares of the company’s stock, valued at approximately $17,664,154.64. This represents a 66.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 2,343,747 shares of company stock valued at $380,853,419. Corporate insiders own 2.70% of the company’s stock.

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.