Arista Networks, Inc. $ANET Shares Sold by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 10.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 272,353 shares of the technology company’s stock after selling 31,605 shares during the period. Arista Networks comprises about 1.3% of Oddo BHF Asset Management Sas’ holdings, making the stock its 13th biggest position. Oddo BHF Asset Management Sas’ holdings in Arista Networks were worth $33,440,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in Arista Networks in the 4th quarter valued at approximately $1,558,563,000. M&T Bank Corp grew its holdings in Arista Networks by 3,182.7% in the fourth quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after purchasing an additional 3,890,146 shares during the last quarter. Franklin Resources Inc. grew its holdings in Arista Networks by 59.3% in the fourth quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after purchasing an additional 2,934,098 shares during the last quarter. Pictet Asset Management Holding SA increased its position in shares of Arista Networks by 86.0% in the first quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock valued at $520,168,000 after buying an additional 1,960,829 shares in the last quarter. Finally, Clearbridge Investments LLC purchased a new position in shares of Arista Networks in the fourth quarter valued at $198,285,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Activity

In related news, insider Kenneth Duda sold 26,000 shares of the company’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $170.51, for a total transaction of $4,433,260.00. Following the transaction, the insider owned 462,400 shares of the company’s stock, valued at approximately $78,843,824. This represents a 5.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $167.06, for a total transaction of $1,336,480.00. Following the sale, the director owned 192,333 shares in the company, valued at approximately $32,131,150.98. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 valued at $383,563,775. 2.70% of the stock is owned by corporate insiders.

Arista Networks News Summary

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

Arista Networks Stock Down 7.0%

ANET opened at $157.75 on Thursday. The firm has a market cap of $198.64 billion, a P/E ratio of 54.02, a PEG ratio of 2.60 and a beta of 1.60. The business’s fifty day simple moving average is $166.43 and its 200 day simple moving average is $149.56. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $189.82.

Arista Networks (NYSE:ANET) last announced its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on ANET shares. Raymond James Financial raised Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target for the company in a research note on Friday, May 15th. Citigroup dropped their target price on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Wolfe Research restated an “outperform” rating and set a $175.00 target price on shares of Arista Networks in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft raised shares of Arista Networks to a “buy” rating in a report on Wednesday, June 10th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $200.00 price target (up from $185.00) on shares of Arista Networks in a research report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Arista Networks presently has a consensus rating of “Buy” and a consensus price target of $189.74.

Arista Networks Company 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.