Dockside LLC Invests $1.53 Million in Arista Networks, Inc. $ANET

Dockside LLC purchased a new position in shares of Arista Networks, Inc. (NYSE:ANET) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,691 shares of the technology company’s stock, valued at approximately $1,532,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lighthouse Financial Services Inc. ADV bought a new stake in shares of Arista Networks during the fourth quarter worth about $1,549,000. Bensler LLC bought a new stake in shares of Arista Networks during the fourth quarter worth about $6,350,000. QRG Capital Management Inc. boosted its holdings in Arista Networks by 6.4% in the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock valued at $22,224,000 after acquiring an additional 10,217 shares during the last quarter. Jefferies Financial Group Inc. boosted its holdings in Arista Networks by 59.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after acquiring an additional 6,591 shares during the last quarter. Finally, Reaves W H & Co. Inc. bought a new stake in Arista Networks in the fourth quarter valued at approximately $3,058,000. 82.47% of the stock is currently owned by institutional investors.

Arista Networks Stock Performance

Shares of ANET opened at $163.38 on Friday. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80. The business’s 50 day moving average price is $154.43 and its two-hundred day moving average price is $139.99. The firm has a market cap of $205.73 billion, a PE ratio of 55.95, a price-to-earnings-growth ratio of 2.52 and a beta of 1.61.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating 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 period in the previous year, the firm earned $0.65 earnings per share. The company’s revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Research analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Insider Transactions at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 240,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $163.06, for a total transaction 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. This represents a 41.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 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 value of $75,944,320.00. Following the transaction, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. The trade was a 7.59% decrease in their ownership of the stock. 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. Insiders have sold 2,403,142 shares of company stock valued at $388,820,943 over the last ninety days. 2.70% of the stock is owned by company insiders.

Arista Networks News Roundup

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

Analyst Ratings Changes

Several brokerages recently commented on ANET. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Piper Sandler reiterated an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. UBS Group reiterated a “buy” rating and issued a $187.00 target price (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, May 15th. Finally, Rosenblatt Securities upped their target price on Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Two 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. Based on data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and an average price target of $186.47.

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.