UniSuper Management Pty Ltd Cuts Stake in Arista Networks, Inc. $ANET

UniSuper Management Pty Ltd reduced its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 30.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 254,105 shares of the technology company’s stock after selling 109,827 shares during the period. UniSuper Management Pty Ltd’s holdings in Arista Networks were worth $33,295,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Keel Point LLC increased its stake in Arista Networks by 1.9% during the 4th quarter. Keel Point LLC now owns 18,735 shares of the technology company’s stock worth $2,455,000 after buying an additional 355 shares during the period. IFM Investors Pty Ltd increased its stake in Arista Networks by 1.5% during the 4th quarter. IFM Investors Pty Ltd now owns 214,844 shares of the technology company’s stock worth $28,151,000 after buying an additional 3,141 shares during the period. SmartHarvest Portfolios LLC purchased a new stake in Arista Networks during the 4th quarter worth approximately $658,000. MIdWestOne Financial Group Inc. increased its stake in Arista Networks by 143.3% during the 4th quarter. MIdWestOne Financial Group Inc. now owns 3,621 shares of the technology company’s stock worth $474,000 after buying an additional 2,133 shares during the period. Finally, Lyell Wealth Management LP increased its stake in Arista Networks by 36.0% during the 4th quarter. Lyell Wealth Management LP now owns 2,812 shares of the technology company’s stock worth $368,000 after buying an additional 745 shares during the period. 82.47% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista’s rollout of its 7060XE7 Series 1.6T networking platforms supports the AI growth story, as the products are designed for rack-scale AI infrastructure and higher-capacity data-center networking. Article Title
• Positive Sentiment: Erste Group Bank raised its FY2027 earnings estimate for Arista Networks, adding to signs that Wall Street expects continued earnings growth. Article Title
• Neutral Sentiment: Broader market volatility tied to AI spending, interest rates, and growth concerns may be increasing attention on AI infrastructure names like ANET, but it is not a company-specific catalyst. Article Title
• Negative Sentiment: Recent insider selling by major shareholder Andreas Bechtolsheim may weigh on sentiment, even though the trades were made under a pre-arranged 10b5-1 plan. Article Title

Insider Activity

In other news, CEO Jayshree Ullal sold 428,000 shares of the company’s stock in a transaction on 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 owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This represents a 7.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total transaction of $4,292,480.00. Following the completion of the transaction, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,740,600.64. The trade was a 71.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,403,142 shares of company stock worth $388,820,943. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Up 3.1%

NYSE ANET opened at $156.46 on Friday. Arista Networks, Inc. has a 52 week low of $85.58 and a 52 week high of $179.80. The stock has a market capitalization of $197.01 billion, a PE ratio of 53.58, a price-to-earnings-growth ratio of 2.34 and a beta of 1.61. The firm has a 50 day moving average of $153.66 and a two-hundred day moving average of $139.83.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping 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 company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the business posted $0.65 EPS. The firm’s 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. On average, equities research analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

ANET has been the topic of several recent research reports. Citigroup cut their target price on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price target on shares of Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Bank of America boosted their price target on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Monday. Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $185.95.

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.