Arista Networks, Inc. $ANET Shares Purchased by Malaga Cove Capital LLC

Malaga Cove Capital LLC increased its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 30.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,162 shares of the technology company’s stock after acquiring an additional 3,547 shares during the quarter. Malaga Cove Capital LLC’s holdings in Arista Networks were worth $1,987,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Arista Networks by 0.4% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after acquiring an additional 70 shares in the last quarter. United Asset Strategies Inc. boosted its holdings in shares of Arista Networks by 1.2% in the fourth quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock valued at $827,000 after acquiring an additional 72 shares in the last quarter. West Family Investments Inc. boosted its holdings in shares of Arista Networks by 0.9% in the third quarter. West Family Investments Inc. now owns 8,364 shares of the technology company’s stock valued at $1,219,000 after acquiring an additional 76 shares in the last quarter. Personal CFO Solutions LLC boosted its holdings in shares of Arista Networks by 3.2% in the fourth quarter. Personal CFO Solutions LLC now owns 2,429 shares of the technology company’s stock valued at $318,000 after acquiring an additional 76 shares in the last quarter. Finally, Clark Financial Services Group Inc. BD boosted its holdings in shares of Arista Networks by 2.2% in the fourth quarter. Clark Financial Services Group Inc. BD now owns 3,776 shares of the technology company’s stock valued at $518,000 after acquiring an additional 80 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Stock Performance

Shares of NYSE:ANET opened at $158.21 on Wednesday. The stock has a market capitalization of $199.22 billion, a price-to-earnings ratio of 54.18, a PEG ratio of 2.37 and a beta of 1.67. Arista Networks, Inc. has a 1-year low of $83.86 and a 1-year high of $179.80. The company has a 50 day moving average price of $146.24 and a 200 day moving average price of $137.17.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period last year, the firm posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, sell-side analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Ratings Changes

ANET has been the subject of several recent analyst reports. Rosenblatt Securities increased their price objective on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Barclays restated an “overweight” rating and set a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Raymond James Financial upgraded shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price for the company in a report on Friday, May 15th. Finally, TD Cowen restated a “buy” rating and set a $200.00 target price (up from $170.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and an average price target of $181.84.

Insiders Place Their Bets

In related news, Director Yvonne Wassenaar sold 971 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $140.93, for a total value of $136,843.03. Following the completion of the sale, the director owned 9,784 shares in the company, valued at approximately $1,378,859.12. This represents a 9.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $175.40, for a total transaction of $1,403,200.00. Following the completion of the sale, the director owned 208,333 shares of the company’s stock, valued at approximately $36,541,608.20. This trade represents a 3.70% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,501,885 shares of company stock worth $246,477,400 in the last quarter. Corporate insiders own 2.70% of the company’s stock.

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.