Arista Networks, Inc. $ANET Shares Sold by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft trimmed its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 28.2% in the fourth quarter, HoldingsChannel reports. The firm owned 33,900 shares of the technology company’s stock after selling 13,288 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Arista Networks were worth $4,441,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ANET. Board of the Pension Protection Fund purchased a new position in shares of Arista Networks during the 4th quarter worth approximately $26,000. Knuff & Co LLC purchased a new stake in shares of Arista Networks during the 3rd quarter valued at $29,000. Ameliora Wealth Management Ltd. purchased a new stake in shares of Arista Networks during the 4th quarter valued at $30,000. Richardson Financial Services Inc. grew its stake in shares of Arista Networks by 141.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after buying an additional 130 shares during the period. Finally, Quarry LP acquired a new position in shares of Arista Networks during the 3rd quarter valued at $33,000. 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 428,000 shares of the stock in a transaction that occurred 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 sale, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. This represents a 7.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $175.40, for a total transaction of $1,403,200.00. Following the transaction, the director owned 208,333 shares in the company, valued at approximately $36,541,608.20. This trade represents a 3.70% decrease in their position. 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 have sold 1,502,729 shares of company stock worth $246,707,719. Insiders own 3.39% of the company’s stock.

Arista Networks Price Performance

ANET stock opened at $140.55 on Thursday. The firm has a market cap of $176.98 billion, a PE ratio of 48.13, a P/E/G ratio of 2.20 and a beta of 1.67. Arista Networks, Inc. has a 12 month low of $83.86 and a 12 month high of $179.80. The firm has a 50 day simple moving average of $143.96 and a 200 day simple moving average of $137.66.

Arista Networks (NYSE:ANET) last issued its quarterly 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. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 EPS. 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 3.26 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on ANET. Needham & Company LLC restated a “buy” rating and set a $185.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. TD Cowen reissued a “buy” rating and issued a $200.00 target price (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. JPMorgan Chase & Co. boosted their price objective on shares of Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $182.83.

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.