Arista Networks, Inc. $ANET Position Cut by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler reduced its Arista Networks position by 17.5% in the second quarter, selling 64,475 shares and retaining 304,596 shares valued at approximately $51.7 million. Institutional investors and hedge funds own 82.47% of the stock.
• Arista reported quarterly earnings of $1.02 per share, beating estimates of $0.89, while revenue rose 37.7% year over year to $3.04 billion. The company guided for third-quarter EPS of $1.06–$1.08.
• Wall Street remains bullish, with a consensus “Buy” rating and an average price target of $225.76, although insiders sold approximately $800.5 million of stock during the quarter.

B. Metzler seel. Sohn & Co. AG reduced its position in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 17.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,596 shares of the technology company's stock after selling 64,475 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Arista Networks were worth $51,745,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Cura Wealth Advisors LLC grew its stake in Arista Networks by 3.1% in the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company's stock valued at $297,000 after purchasing an additional 52 shares in the last quarter. Madison Wealth Partners Inc raised its stake in Arista Networks by 2.8% during the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company's stock worth $370,000 after acquiring an additional 60 shares in the last quarter. Intrua Financial LLC raised its position in Arista Networks by 2.7% in the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company's stock valued at $283,000 after purchasing an additional 61 shares during the last quarter. Shepherd Financial Partners LLC lifted its position in Arista Networks by 1.2% during the 2nd quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company's stock worth $918,000 after buying an additional 66 shares in the last quarter. Finally, NBT Bank N A NY grew its holdings in Arista Networks by 37.2% during the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company's stock worth $30,000 after acquiring an additional 67 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Trading Up 0.2%

NYSE:ANET opened at $195.74 on Tuesday. Arista Networks, Inc. has a 1-year low of $114.52 and a 1-year high of $214.89. The stock has a 50 day simple moving average of $180.70 and a 200 day simple moving average of $158.88. The stock has a market cap of $246.87 billion, a P/E ratio of 61.75, a PEG ratio of 2.02 and a beta of 1.60.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The firm had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $2.83 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The company's quarterly revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, sell-side analysts forecast that Arista Networks, Inc. will post 3.7 EPS for the current year.

Insider Buying and Selling at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $202.60, for a total transaction of $60,780,000.00. Following the sale, the insider directly owned 180,843,048 shares in the company, valued at approximately $36,638,801,524.80. The trade was a 0.17% decrease in their position. 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, Director Kelly Bodnar Battles sold 422 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $187.34, for a total transaction of $79,057.48. Following the sale, the director owned 10,194 shares in the company, valued at approximately $1,909,743.96. This trade represents a 3.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 4,242,082 shares of company stock worth $800,487,376. 2.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Needham & Company LLC reaffirmed a "buy" rating and set a $260.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. UBS Group reaffirmed a "buy" rating and set a $259.00 price target (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. KeyCorp reaffirmed an "overweight" rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Barclays reiterated an "overweight" rating and issued a $289.00 price target (up from $195.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Piper Sandler reissued an "overweight" rating and issued a $240.00 target price (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $225.76.

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.

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