Sapient Capital LLC Has $1.32 Million Stock Position in Arista Networks, Inc. $ANET

Sapient Capital LLC grew its position in shares of Arista Networks, Inc. (NYSE:ANET) by 157.5% in the fourth quarter, HoldingsChannel reports. The fund owned 9,984 shares of the technology company’s stock after acquiring an additional 6,107 shares during the period. Sapient Capital LLC’s holdings in Arista Networks were worth $1,322,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ANET. Board of the Pension Protection Fund acquired a new position in Arista Networks during the 4th quarter worth approximately $26,000. Knuff & Co LLC acquired a new position in Arista Networks during the 3rd quarter worth approximately $29,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks during the 4th quarter worth approximately $30,000. Quarry LP acquired a new position in Arista Networks during the 3rd quarter worth approximately $33,000. Finally, Ares Financial Consulting LLC acquired a new position in Arista Networks during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insiders Place Their Bets

In related news, insider Kenneth Duda sold 32,000 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $163.31, for a total value of $5,225,920.00. Following the sale, the insider owned 12,976 shares in the company, valued at approximately $2,119,110.56. This represents a 71.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $175.40, for a total value of $1,403,200.00. Following the completion of the sale, the director owned 208,333 shares in the company, valued at approximately $36,541,608.20. This trade represents a 3.70% 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 have sold 1,444,729 shares of company stock worth $238,448,539 in the last quarter. Company insiders own 2.70% of the company’s stock.

Arista Networks Trading Down 0.2%

NYSE ANET opened at $141.72 on Tuesday. The company has a market cap of $178.46 billion, a PE ratio of 48.54, a PEG ratio of 2.18 and a beta of 1.67. Arista Networks, Inc. has a 12 month low of $83.86 and a 12 month high of $179.80. The stock has a 50 day moving average of $144.62 and a 200-day moving average of $137.40.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share 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 business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the prior year, the business earned $0.65 EPS. The firm’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, sell-side analysts predict that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on ANET shares. Truist Financial set a $175.00 price objective on Arista Networks in a report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. UBS Group reissued a “buy” rating and issued a $187.00 price objective (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and issued a $180.00 price objective on shares of Arista Networks in a report on Friday, May 1st. Finally, Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $181.84.

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.