Banco Bilbao Vizcaya Argentaria S.A. Purchases 40,668 Shares of Arista Networks, Inc. $ANET

Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 15.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,144 shares of the technology company’s stock after acquiring an additional 40,668 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Arista Networks were worth $39,081,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Board of the Pension Protection Fund bought a new stake in shares of Arista Networks in the 4th quarter worth approximately $26,000. Prosperity Bancshares Inc purchased a new stake in Arista Networks during the 4th quarter worth about $28,000. Knuff & Co LLC bought a new position in shares of Arista Networks in the third quarter valued at approximately $29,000. Ameliora Wealth Management Ltd. bought a new position in Arista Networks in the 4th quarter valued at $30,000. Finally, Quarry LP purchased a new position in Arista Networks during the third quarter worth about $33,000. Institutional investors own 82.47% of the company’s stock.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista continues to be highlighted as a beneficiary of AI infrastructure spending, with articles pointing to its role in data center networking and cloud connectivity as key growth drivers. Why Is Arista Networks Driving S&P 500 AI Infrastructure Growth?
• Positive Sentiment: BofA Securities reportedly raised its price target on Arista Networks, which can support investor confidence in the stock’s longer-term outlook. BofA Securities Raises Price Target for Arista Networks (ANET)
• Neutral Sentiment: Arista is drawing heavy investor attention after an 87% one-year gain, with some coverage questioning whether the stock’s rapid run has already priced in much of the optimism. Arista Networks (ANET) Stock After 87% Annual Gain Is It Time To Pause?
• Neutral Sentiment: Arista was among the most searched stocks on Zacks, reflecting elevated investor interest but not necessarily a fundamental catalyst by itself. Investors Heavily Search Arista Networks, Inc. (ANET): Here is What You Need to Know
• Negative Sentiment: Major shareholder Andreas Bechtolsheim sold 260,000 shares in a pre-arranged Rule 10b5-1 transaction, a move that can weigh on sentiment even though the sale was relatively small versus his total holdings. SEC filing for Andreas Bechtolsheim transaction
• Negative Sentiment: Recent market coverage noted that ANET declined more than the broader market, reinforcing near-term selling pressure and profit-taking after its strong run. Arista Networks (ANET) Declines More Than Market: Some Information for Investors

Arista Networks Price Performance

ANET opened at $164.51 on Thursday. Arista Networks, Inc. has a one year low of $85.58 and a one year high of $179.80. The business has a 50 day simple moving average of $156.88 and a two-hundred day simple moving average of $140.97. The firm has a market capitalization of $207.15 billion, a price-to-earnings ratio of 56.34, a PEG ratio of 2.59 and a beta of 1.61.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same period in the previous year, the firm earned $0.65 earnings per share. The business’s revenue was up 35.1% compared to the same quarter last year. 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 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ANET has been the subject of a number of research reports. TD Cowen reissued a “buy” rating and issued a $200.00 price target (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. 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. Wolfe Research reiterated an “outperform” rating and issued a $175.00 price objective on shares of Arista Networks in a report on Wednesday, June 10th. Barclays reiterated an “overweight” rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Finally, Weiss Ratings downgraded shares of Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $186.47.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Arista Networks stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the sale, the insider directly owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. The trade was a 0.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,603,747 shares of company stock valued at $423,901,619 over the last 90 days. Company 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.