New York Life Investment Management LLC Grows Holdings in Arista Networks, Inc. $ANET

New York Life Investment Management LLC lifted its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,546 shares of the technology company’s stock after buying an additional 4,753 shares during the quarter. New York Life Investment Management LLC’s holdings in Arista Networks were worth $19,071,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Board of the Pension Protection Fund acquired a new position in Arista Networks during the 4th quarter worth $26,000. Knuff & Co LLC bought a new position in shares of Arista Networks during the third quarter worth about $29,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks in the fourth quarter worth about $30,000. Richardson Financial Services Inc. grew its stake in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after purchasing an additional 130 shares in the last quarter. Finally, Quarry LP bought a new stake in Arista Networks in the third quarter valued at about $33,000. Institutional investors own 82.47% of the company’s stock.

Insiders Place Their Bets

In other Arista Networks news, Director Yvonne Wassenaar sold 1,395 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total value of $213,532.65. Following the completion of the transaction, the director owned 9,784 shares in the company, valued at approximately $1,497,636.88. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the completion of the sale, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. The trade was a 7.59% 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. Over the last 90 days, insiders have sold 1,502,729 shares of company stock worth $246,707,719. 3.39% of the stock is owned by company insiders.

Arista Networks Stock Up 5.0%

Shares of ANET stock opened at $147.76 on Friday. The company has a market cap of $186.06 billion, a P/E ratio of 50.60, a PEG ratio of 2.17 and a beta of 1.67. The business has a 50 day moving average of $144.43 and a two-hundred day moving average of $137.61. Arista Networks, Inc. has a 52 week low of $83.86 and a 52 week high of $179.80.

Arista Networks (NYSE:ANET) last announced its quarterly 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 business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter last year, the business posted $0.65 EPS. The business’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. Analysts expect that Arista Networks, Inc. will post 3.26 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on ANET. Needham & Company LLC restated a “buy” rating and set a $185.00 price objective on shares of Arista Networks in a research note on Wednesday, May 6th. Rosenblatt Securities boosted their price target on Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Zacks Research raised Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Citigroup reduced their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Truist Financial set a $175.00 price objective on shares of Arista Networks in a report on Wednesday, May 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $182.83.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Analysts at Truist view Arista Networks’ post-Q1 pullback as a buying opportunity, pointing to continued AI-related networking demand and upside in the shares. Truist Views Arista Networks (ANET)’s Post-Q1 Sell-Off As An Attractive Buying Opportunity
• Positive Sentiment: Coverage from Yahoo Finance and other outlets reinforced Arista’s position as a key AI networking play, highlighting demand for low-latency, high-throughput data center networks that support large GPU clusters. Why Arista Networks (ANET) Is a Key Networking Play for AI Data Centers
• Positive Sentiment: Investors continue to focus on Arista’s AI-focused products, including its XPO high-density optics and 7800 universal AI spine, which suggest it is benefiting from next-generation data center buildouts. AI-Fueled Demand Amid Supply Strains Might Change The Case For Investing In Arista Networks (ANET)
• Neutral Sentiment: Arista’s presentation at the Needham Technology, Media, & Consumer Conference kept the stock in focus, but the item appears informational rather than a new catalyst. Arista Networks, Inc. (ANET) Presents at 21st Annual Needham Technology, Media, & Consumer Conference Transcript
• Neutral Sentiment: Comparison articles versus Jabil argued that Jabil may be the stronger AI-driven tech stock on valuation grounds, which could temper enthusiasm for ANET without changing the longer-term AI demand story. Arista vs. Jabil: Which AI-Driven Tech Stock Looks Stronger Now?
• Negative Sentiment: Some commentary noted ongoing supply-chain constraints and margin pressure, which could limit near-term upside even as demand remains strong. AI-Fueled Demand Amid Supply Strains Might Change The Case For Investing In Arista Networks (ANET)

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.