State Street Corp Buys 628,146 Shares of Arista Networks, Inc. $ANET

State Street Corp boosted its stake in Arista Networks, Inc. (NYSE:ANET) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,970,697 shares of the technology company’s stock after purchasing an additional 628,146 shares during the quarter. State Street Corp owned approximately 3.73% of Arista Networks worth $6,154,570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Ieq Capital LLC boosted its position in shares of Arista Networks by 12.8% during the 4th quarter. Ieq Capital LLC now owns 661,031 shares of the technology company’s stock valued at $86,615,000 after acquiring an additional 74,800 shares during the last quarter. First National Bank of Omaha boosted its position in shares of Arista Networks by 8.3% during the 4th quarter. First National Bank of Omaha now owns 28,916 shares of the technology company’s stock valued at $3,789,000 after acquiring an additional 2,204 shares during the last quarter. Titan Investment Solutions Ltd bought a new stake in shares of Arista Networks during the 4th quarter valued at about $9,050,000. Martingale Asset Management L P boosted its position in shares of Arista Networks by 917.9% during the 4th quarter. Martingale Asset Management L P now owns 39,961 shares of the technology company’s stock valued at $5,236,000 after acquiring an additional 36,035 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Arista Networks by 3.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,528,887 shares of the technology company’s stock valued at $1,248,570,000 after acquiring an additional 287,385 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Price Performance

NYSE:ANET opened at $163.38 on Friday. The business has a 50 day moving average of $154.43 and a 200 day moving average of $139.99. The company has a market capitalization of $205.73 billion, a price-to-earnings ratio of 55.95, a PEG ratio of 2.41 and a beta of 1.61. Arista Networks, Inc. has a 1-year low of $85.58 and a 1-year high of $179.80.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. 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, sell-side analysts anticipate that Arista Networks, Inc. will post 3.27 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ANET. Evercore reiterated an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Piper Sandler reiterated an “overweight” rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a “buy” rating in a research report on Wednesday. Susquehanna upgraded Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, Truist Financial set a $175.00 price target on Arista Networks in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $186.47.

Trending Headlines about 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

Insiders Place Their Bets

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 240,000 shares of Arista Networks stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $163.06, for a total value of $39,134,400.00. Following the transaction, the insider directly owned 331,848 shares of the company’s stock, valued at $54,111,134.88. The trade was a 41.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total value of $4,292,480.00. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at $1,740,600.64. This trade represents a 71.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,403,142 shares of company stock valued at $388,820,943 in the last ninety days. Company insiders own 2.70% of the company’s 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.