WCG Wealth Advisors LLC Buys 17,437 Shares of Arista Networks, Inc. $ANET

WCG Wealth Advisors LLC grew its position in shares of Arista Networks, Inc. (NYSE:ANET) by 157.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,507 shares of the technology company’s stock after purchasing an additional 17,437 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Arista Networks were worth $3,735,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its position in Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after acquiring an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in Arista Networks during the fourth quarter worth approximately $202,000. Bison Wealth LLC bought a new stake in shares of Arista Networks in the 4th quarter valued at $251,000. Sivia Capital Partners LLC boosted its holdings in Arista Networks by 48.4% in the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after acquiring an additional 3,496 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in shares of Arista Networks by 31.3% in the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock valued at $429,000 after buying an additional 1,000 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Down 4.6%

ANET stock opened at $166.31 on Friday. The firm has a market capitalization of $209.42 billion, a PE ratio of 56.96, a PEG ratio of 2.69 and a beta of 1.61. Arista Networks, Inc. has a twelve month low of $85.58 and a twelve month high of $179.80. The stock has a 50-day simple moving average of $150.59 and a two-hundred day simple moving average of $138.71.

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, beating 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 the consensus estimate of $2.62 billion. During the same quarter last year, the company posted $0.65 EPS. The company’s revenue for the quarter 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 anticipate that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Insider Activity at Arista Networks

In related news, Director Kelly Bodnar Battles sold 422 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the transaction, the director owned 10,078 shares of the company’s stock, valued at $1,475,822.32. This represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 Arista Networks stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $169.09, for a total value of $1,352,720.00. Following the sale, the director directly owned 200,333 shares of the company’s stock, valued at approximately $33,874,306.97. This trade represents a 3.84% 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. Insiders sold a total of 1,943,142 shares of company stock worth $314,941,943 in the last three months. 2.70% of the stock is owned by insiders.

Analyst Ratings Changes

ANET has been the topic of a number of research analyst reports. Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Rosenblatt Securities raised their price target on shares of Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Truist Financial set a $175.00 price target on shares of Arista Networks in a report on Wednesday, May 6th. UBS Group reissued a “buy” rating and set a $187.00 price objective (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group reissued 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. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $185.72.

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.