Trilogy Capital Inc. Grows Stock Holdings in Arista Networks, Inc. $ANET

Trilogy Capital Inc. increased its position in Arista Networks, Inc. (NYSE:ANET) by 10.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 42,203 shares of the technology company’s stock after buying an additional 3,895 shares during the period. Trilogy Capital Inc.’s holdings in Arista Networks were worth $5,182,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ANET. Vanguard Group Inc. raised its holdings in Arista Networks by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after acquiring an additional 1,188,799 shares during the period. State Street Corp boosted its stake in shares of Arista Networks by 1.4% in the fourth quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after acquiring an additional 628,146 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Arista Networks by 1.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock worth $4,870,618,000 after acquiring an additional 380,724 shares during the period. Geode Capital Management LLC grew its position in shares of Arista Networks by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock worth $3,455,095,000 after purchasing an additional 477,625 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Arista Networks during the fourth quarter worth about $1,558,563,000. Institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In related news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total value of $384,336.00. Following the completion of the transaction, the chief financial officer directly owned 64,408 shares of the company’s stock, valued at approximately $10,112,056. This trade represents a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total transaction of $2,140,947.36. Following the completion of the sale, the chief executive officer owned 9,917 shares in the company, valued at $1,537,531.68. This represents a 58.20% 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. Over the last ninety days, insiders sold 2,647,080 shares of company stock worth $431,329,762. Company insiders own 2.70% of the company’s stock.

Arista Networks Trading Down 4.6%

Shares of ANET stock opened at $157.80 on Friday. The stock has a market capitalization of $198.70 billion, a price-to-earnings ratio of 54.04, a price-to-earnings-growth ratio of 2.43 and a beta of 1.61. Arista Networks, Inc. has a 12-month low of $97.14 and a 12-month high of $179.80. The stock’s 50-day moving average price is $159.49 and its 200-day moving average price is $142.71.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm’s revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, research analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ANET. Piper Sandler reissued an “overweight” rating and set a $181.00 target price (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Wolfe Research restated an “outperform” rating and issued a $175.00 price target on shares of Arista Networks in a research note on Wednesday, June 10th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Raymond James Financial upgraded shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective on the stock in a research report on Friday, May 15th. Finally, Truist Financial set a $175.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. Two equities research 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $187.63.

About Arista Networks

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.