Evelyn Partners Investment Management LLP Boosts Stock Holdings in Arista Networks, Inc. $ANET

Evelyn Partners Investment Management LLP raised its holdings in Arista Networks, Inc. (NYSE:ANET) by 13.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 48,729 shares of the technology company’s stock after acquiring an additional 5,606 shares during the period. Evelyn Partners Investment Management LLP’s holdings in Arista Networks were worth $6,385,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Knuff & Co LLC bought a new position in shares of Arista Networks in the third quarter valued at approximately $29,000. Board of the Pension Protection Fund bought a new position in shares of Arista Networks in the fourth quarter valued at approximately $26,000. Quarry LP bought a new position in shares of Arista Networks in the third quarter valued at approximately $33,000. Ameliora Wealth Management Ltd. bought a new position in shares of Arista Networks in the fourth quarter valued at approximately $30,000. Finally, Ares Financial Consulting LLC bought a new position in shares of Arista Networks in the fourth quarter valued at approximately $34,000. 82.47% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on ANET. Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Rosenblatt Securities raised their price objective on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Morgan Stanley restated an “overweight” rating and issued a $190.00 price objective (up from $180.00) on shares of Arista Networks in a research report on Friday. Bank of America raised their price objective on shares of Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, Raymond James Financial upgraded shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective for the company in a research report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Arista Networks currently has an average rating of “Buy” and a consensus price target of $186.47.

Arista Networks Price Performance

Shares of Arista Networks stock opened at $163.38 on Friday. Arista Networks, Inc. has a 1 year low of $85.58 and a 1 year high of $179.80. The firm has a market cap of $205.73 billion, a PE ratio of 55.95, a PEG ratio of 2.52 and a beta of 1.61. The company has a 50 day simple moving average of $154.43 and a two-hundred day simple moving average of $139.99.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the business posted $0.65 earnings per share. Arista Networks’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. As a group, research analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 220,000 shares of Arista Networks stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $157.93, for a total transaction of $34,744,600.00. Following the completion of the sale, the insider directly owned 111,848 shares in the company, valued at $17,664,154.64. The trade was a 66.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of Arista Networks stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total transaction of $384,336.00. Following the sale, the chief financial officer owned 64,408 shares of the company’s stock, valued at approximately $10,112,056. The trade was a 3.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,403,142 shares of company stock valued at $388,820,943 over the last quarter. Company insiders own 2.70% of the company’s stock.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

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.