OneAscent Investment Solutions LLC Acquires New Position in Arista Networks, Inc. $ANET

OneAscent Investment Solutions LLC acquired a new stake in Arista Networks, Inc. (NYSE:ANET) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,504 shares of the technology company’s stock, valued at approximately $459,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Knuff & Co LLC acquired a new stake in Arista Networks in the third quarter valued at about $29,000. Board of the Pension Protection Fund acquired a new stake in Arista Networks in the fourth quarter valued at about $26,000. Quarry LP acquired a new stake in Arista Networks in the third quarter valued at about $33,000. Ameliora Wealth Management Ltd. acquired a new stake in Arista Networks in the fourth quarter valued at about $30,000. Finally, Ares Financial Consulting LLC acquired a new stake in Arista Networks in the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Price Performance

Shares of Arista Networks stock opened at $154.23 on Friday. Arista Networks, Inc. has a 1 year low of $85.58 and a 1 year high of $179.80. The company has a market capitalization of $194.21 billion, a P/E ratio of 52.82, a P/E/G ratio of 2.56 and a beta of 1.61. The business has a 50 day moving average price of $150.97 and a 200 day moving average price of $138.82.

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

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 220,000 shares of Arista Networks stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $156.86, for a total transaction of $34,509,200.00. Following the completion of the transaction, the insider directly owned 182,803,048 shares in the company, valued at $28,674,486,109.28. The trade was a 0.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of Arista Networks stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,943,142 shares of company stock worth $314,941,943 in the last ninety days. Insiders own 2.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ANET. KeyCorp restated an “overweight” rating and issued a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. UBS Group reissued a “buy” rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Susquehanna raised Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Finally, Morgan Stanley reissued an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $185.72.

Key Arista Networks News

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

• Positive Sentiment: Arista’s latest bullish commentary highlighted surging AI networking demand, market leadership, and pricing power, with management/model assumptions pointing to a larger total addressable market and strong revenue growth through 2028. Arista Networks: TAM Expansion And Surging AI Demand
• Positive Sentiment: Several recent pieces emphasized that Arista remains a favorite among growth investors because of AI infrastructure spending, high gross margins, and expectations for continued earnings expansion. US High Growth Tech Stocks with Promising Potential
• Positive Sentiment: Investor interest has stayed elevated, with multiple articles noting ANET’s strong post-earnings performance and continued attention from traders and analysts. Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Some coverage focused on valuation debate after Arista’s strong rally, suggesting investors are weighing rich expectations against its growth profile. Is It Too Late To Consider Arista Networks (ANET) After Its Strong 1-Year Rally?
• Negative Sentiment: A director sold 8,000 shares under a pre-arranged trading plan, which can create mild sentiment pressure even though the sale was not viewed as a surprise. Arista Networks (NYSE:ANET) Director Charles Giancarlo Sells 8,000 Shares

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.