Arista Networks, Inc. (NYSE:ANET - Get Free Report) Director Charles Giancarlo sold 8,000 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $175.40, for a total transaction of $1,403,200.00. Following 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 transaction 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.
Arista Networks Stock Down 1.4%
Shares of NYSE ANET opened at $170.18 on Wednesday. The firm's 50-day moving average price is $142.59 and its two-hundred day moving average price is $137.87. Arista Networks, Inc. has a 52-week low of $82.80 and a 52-week high of $179.80. The stock has a market capitalization of $214.29 billion, a P/E ratio of 61.66, a P/E/G ratio of 3.03 and a beta of 1.67.
Arista Networks (NYSE:ANET - Get Free Report) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate 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 30.37% and a net margin of 38.99%.The business's revenue was up 35.1% compared to the same quarter last year. 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, equities research analysts expect that Arista Networks, Inc. will post 3.17 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC raised its position in shares of Arista Networks by 321.7% during the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company's stock worth $863,000 after buying an additional 5,955 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Arista Networks in the 4th quarter worth approximately $202,000. Bison Wealth LLC bought a new position in shares of Arista Networks in the fourth quarter valued at approximately $251,000. Sivia Capital Partners LLC increased its stake in shares of Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company's stock valued at $1,097,000 after acquiring an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL increased its stake in shares of Arista Networks by 31.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company's stock valued at $429,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 82.47% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on ANET shares. Piper Sandler reiterated an "overweight" rating and issued a $175.00 target price (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Weiss Ratings cut shares of Arista Networks from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday. Susquehanna upgraded shares of Arista Networks to a "strong-buy" rating in a research report on Wednesday, April 1st. JPMorgan Chase & Co. boosted their target price on shares of Arista Networks from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, April 16th. Finally, Evercore restated an "outperform" rating and issued a $200.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $178.67.
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Key Headlines Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Q1 beats — Arista posted $0.87 EPS vs. ~$0.81 consensus and revenue of $2.71B (≈+35% YoY), showing robust demand for AI/data-center networking which supports longer-term growth expectations. Zacks: Arista Beats Q1
- Positive Sentiment: Q2 EPS guide modestly ahead — management set Q2 EPS at $0.88, above street EPS expectations, suggesting continued profitability and revenue momentum into the next quarter. Business Wire: Q1 Results & Guidance
- Neutral Sentiment: Analyst/media coverage and sentiment — wide coverage (CNBC, Yahoo, Seeking Alpha, Benzinga) highlights both the beat and market reaction; notable commentators (e.g., Jim Cramer) remain bullish on ANET’s AI exposure, which supports interest from growth investors. CNBC: After-Hours Movers
- Negative Sentiment: Gross-margin and guidance nuance — Seeking Alpha and other outlets flagged gross margin landing just below estimates and guidance that, while positive on EPS, wasn’t a clear upside surprise on revenue/margins; that nuance appears to have triggered profit-taking. Seeking Alpha: Margin Note
- Negative Sentiment: After-hours weakness and volatility — multiple outlets report the stock fell sharply in after-hours trading despite the beat, reflecting short-term selling pressure and high expectations baked into ANET’s valuation. Yahoo: Stock Down After Beats
- Negative Sentiment: Insider sale noted — Director Charles Giancarlo sold 8,000 shares under a 10b5‑1 plan; while pre-arranged plans are common and not inherently material, some investors treat insider sales as a near-term negative signal. InsiderTrades: Director Sale
About Arista Networks
(
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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.
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