Fifth Third Wealth Advisors LLC Grows Stock Holdings in Arista Networks, Inc. $ANET

Fifth Third Wealth Advisors LLC lifted its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 8.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,202 shares of the technology company’s stock after purchasing an additional 4,540 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Arista Networks were worth $7,146,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ANET. Brown Lisle Cummings Inc. lifted its position in Arista Networks by 382.7% during the first quarter. Brown Lisle Cummings Inc. now owns 724 shares of the technology company’s stock worth $89,000 after buying an additional 574 shares in the last quarter. OP Asset Management Ltd acquired a new position in Arista Networks during the first quarter worth $19,049,000. Focused Wealth Management Inc purchased a new stake in Arista Networks in the 1st quarter valued at $408,000. Faithward Advisors LLC grew its holdings in Arista Networks by 1.0% in the 1st quarter. Faithward Advisors LLC now owns 56,139 shares of the technology company’s stock valued at $6,893,000 after buying an additional 573 shares in the last quarter. Finally, CENTRAL TRUST Co increased its stake in shares of Arista Networks by 63.9% in the 1st quarter. CENTRAL TRUST Co now owns 4,654 shares of the technology company’s stock worth $571,000 after acquiring an additional 1,815 shares during the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks News Roundup

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

• Positive Sentiment: Arista unveiled new 1.6-terabit networking platforms as demand for 800-gig deployments continues to build, reinforcing its position in AI and cloud data-center networking. Arista Networks (ANET) Unveils 1.6 Terabit Platforms As 800 Gig Adoption Builds
• Positive Sentiment: Analyst commentary highlighted Arista as a beneficiary of pricing power and AI networking expansion, which supports the bull case for revenue growth. The Zacks Analyst Blog Highlights Micron, The Coca-Cola, Arista Networks and Where Food Comes From
• Neutral Sentiment: Wall Street coverage remains broadly favorable, with analysts still viewing ANET as a good investment, though this is more a sentiment check than a new catalyst. Wall Street Analysts Think Arista Networks (ANET) Is a Good Investment: Is It?
• Negative Sentiment: Insider Kenneth Duda sold shares in two reported transactions, including a sizable block sale, which can weigh on sentiment even though both were made under a pre-arranged 10b5-1 plan. SEC filing for insider sale
• Negative Sentiment: Recent trading showed ANET underperforming peers and falling sharply versus the prior session, signaling near-term momentum weakness. Arista Networks (ANET) Registers a Bigger Fall Than the Market: Important Facts to Note

Arista Networks Trading Down 0.3%

Shares of NYSE ANET opened at $161.69 on Thursday. Arista Networks, Inc. has a twelve month low of $94.50 and a twelve month high of $179.80. The stock has a fifty day simple moving average of $159.19 and a 200-day simple moving average of $142.35. The stock has a market capitalization of $203.60 billion, a PE ratio of 55.37, a PEG ratio of 2.50 and a beta of 1.61.

Arista Networks (NYSE:ANET) last posted its earnings results 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 for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the prior year, the company earned $0.65 EPS. Arista Networks’s revenue 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 analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

Insider Activity at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 260,000 shares of Arista Networks stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the transaction, the insider owned 182,543,048 shares in the company, valued at approximately $30,223,652,457.36. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the sale, the chief executive officer directly owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. The trade was a 7.59% 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. In the last three months, insiders sold 2,647,080 shares of company stock valued at $431,329,762. Insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on ANET shares. Weiss Ratings cut shares of Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 15th. TD Cowen restated a “buy” rating and set a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Zacks Research downgraded shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. KeyCorp reaffirmed an “overweight” rating and issued a $200.00 price target (up from $178.00) on shares of Arista Networks in a research note on Thursday, June 18th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $190.00 price target (up from $180.00) on shares of Arista Networks in a report on Friday, June 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $187.63.

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.