Cim LLC Has $21.15 Million Stake in Arista Networks, Inc. $ANET

Cim LLC trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 11.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 172,263 shares of the technology company’s stock after selling 22,559 shares during the period. Arista Networks accounts for 3.1% of Cim LLC’s portfolio, making the stock its 6th largest holding. Cim LLC’s holdings in Arista Networks were worth $21,150,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of ANET. Main Street Group LTD purchased a new stake in Arista Networks in the 1st quarter worth $26,000. Sankala Group LLC purchased a new position in shares of Arista Networks during the fourth quarter valued at about $27,000. Prosperity Bancshares Inc purchased a new position in shares of Arista Networks during the fourth quarter valued at about $28,000. Ameliora Wealth Management Ltd. bought a new stake in shares of Arista Networks in the fourth quarter worth about $30,000. Finally, Hilton Head Capital Partners LLC increased its holdings in shares of Arista Networks by 184.9% in the first quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock worth $30,000 after purchasing an additional 159 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on ANET. UBS Group reiterated a “buy” rating and issued a $187.00 target price (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Truist Financial set a $175.00 price target on Arista Networks in a report on Wednesday, May 6th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $200.00 price objective (up from $185.00) on shares of Arista Networks in a research note on Thursday, July 16th. Susquehanna raised Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Finally, Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arista Networks has an average rating of “Buy” and an average target price of $189.74.

Arista Networks Stock Performance

Shares of NYSE ANET opened at $157.75 on Thursday. The business’s 50 day moving average price is $166.43 and its 200-day moving average price is $149.56. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $189.82. The company has a market cap of $198.64 billion, a price-to-earnings ratio of 54.02, a PEG ratio of 2.60 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.62 billion. During the same period last year, the company earned $0.65 EPS. Arista Networks’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. Sell-side analysts predict that Arista Networks, Inc. will post 3.28 earnings per share for the current year.

Insiders Place Their Bets

In other news, major shareholder Andreas Bechtolsheim sold 240,000 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $162.67, for a total transaction of $39,040,800.00. Following the completion of the sale, the insider directly owned 182,043,048 shares of the company’s stock, valued at approximately $29,612,942,618.16. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 234,578 shares of the company’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $187.18, for a total transaction of $43,908,310.04. Following the completion of the transaction, the chief executive officer owned 5,134,207 shares in the company, valued at approximately $961,020,866.26. The trade was a 4.37% 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. In the last ninety days, insiders have sold 2,308,316 shares of company stock worth $383,563,775. 2.70% of the stock is currently owned by company insiders.

Key Arista Networks News

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

• Positive Sentiment: Arista is entering the earnings report with strong momentum from demand for AI infrastructure and data-center networking. Rising earnings estimates and expectations for a potential earnings beat are supporting the bullish case. Arista Stock Before Q2 Earnings: Is it a Smart Buy or Risky Move?
• Positive Sentiment: Erste Group Bank raised its fiscal 2026 earnings estimate slightly to $3.26 per share and maintained a Buy rating. The estimate remains close to the broader consensus of $3.28 per share, indicating continued analyst confidence. Arista Networks analyst estimate update
• Positive Sentiment: Recent earnings momentum remains strong: Arista’s latest quarterly revenue increased 35.1% year over year to $2.71 billion, exceeding expectations, while earnings also topped estimates. The company guided to approximately $0.88 in second-quarter EPS.
• Neutral Sentiment: Analyst optimism and positive estimate revisions have brought Arista back into focus, but the shares’ premium valuation means a routine earnings beat may not be enough if management’s outlook fails to exceed elevated expectations. Arista Networks On Rising Earnings Optimism
• Negative Sentiment: Customer concentration remains a risk to Arista’s otherwise strong profitability, making the company more sensitive to spending changes by major cloud and AI customers. AMD vs. Arista Networks
• Negative Sentiment: Director Kenneth Duda reported two sales totaling 43,333 shares under a pre-arranged Rule 10b5-1 plan. Although scheduled transactions do not necessarily signal weakening conviction, the sales can add short-term pressure while investors assess the stock’s valuation. SEC insider trading filing

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.