Arista Networks, Inc. $ANET Shares Bought by AEGON ASSET MANAGEMENT UK Plc

Key Points

• AEGON ASSET MANAGEMENT UK Plc raised its stake in Arista by 25% in Q4 to 362,043 shares (about $47.4M), contributing to institutional ownership of roughly 82.5% of the stock.
• CEO Jayshree Ullal sold 428,000 shares on April 22 under a pre‑arranged Rule 10b5‑1 plan for roughly $75.9M, and insiders have offloaded about 1.5M shares (~$246.4M) in the past three months, a potential source of short‑term selling pressure.
• Arista beat recent quarter estimates (EPS $0.82 vs $0.75; revenue $2.49B, +28.9% YoY) and analysts remain broadly bullish with an average "Buy" rating and a mean price target of about $177.83, while the stock trades near its 52‑week high and a ~$222.6B market cap.

AEGON ASSET MANAGEMENT UK Plc raised its holdings in Arista Networks, Inc. (NYSE:ANET - Free Report) by 25.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 362,043 shares of the technology company's stock after buying an additional 72,342 shares during the period. AEGON ASSET MANAGEMENT UK Plc's holdings in Arista Networks were worth $47,420,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Arista Networks by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company's stock worth $13,258,877,000 after purchasing an additional 1,188,799 shares in the last quarter. Impax Asset Management Group plc increased its position in shares of Arista Networks by 60.0% during the fourth quarter. Impax Asset Management Group plc now owns 11,930 shares of the technology company's stock worth $1,563,000 after purchasing an additional 4,473 shares in the last quarter. Veracity Capital LLC increased its position in shares of Arista Networks by 2.1% during the fourth quarter. Veracity Capital LLC now owns 14,285 shares of the technology company's stock worth $1,872,000 after purchasing an additional 292 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of Arista Networks by 226.6% during the fourth quarter. Concurrent Investment Advisors LLC now owns 56,247 shares of the technology company's stock worth $7,370,000 after purchasing an additional 39,024 shares in the last quarter. Finally, TBH Global Asset Management LLC increased its position in shares of Arista Networks by 18.3% during the fourth quarter. TBH Global Asset Management LLC now owns 2,248 shares of the technology company's stock worth $295,000 after purchasing an additional 347 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Arista Networks news, Director Yvonne Wassenaar sold 1,395 shares of Arista Networks stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $153.07, for a total value of $213,532.65. Following the sale, the director owned 9,784 shares of the company's stock, valued at approximately $1,497,636.88. The trade was a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of Arista Networks stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the completion of the sale, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This represents a 7.59% 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. Insiders have sold 1,502,729 shares of company stock worth $246,427,959 in the last three months. Company insiders own 3.39% of the company's stock.

Arista Networks News Roundup

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Analysts and media highlight Arista as a direct beneficiary of Google’s new "Virgo" AI datacenter architecture; that narrative helped lift momentum and contributed to new highs. Arista poised to benefit from Google’s Virgo
• Positive Sentiment: Company/analyst commentary says Arista materially raised its AI‑networking market assumptions (effectively expanding the TAM), supporting higher forward multiples and investor willingness to pay a premium for AI exposure. Arista Doubles AI Networking Target
• Positive Sentiment: Street and research notes (Zacks and others) flag ANET as likely to top upcoming quarterly estimates as AI capex, 5G/fiber demand and datacenter upgrades lift networking spend — Q1 (May 5) is a potential catalyst for upgrades. 3 Telecom Stocks Likely to Surpass Q1 Earnings Estimates
• Positive Sentiment: Institutional accumulation and multiple analyst upgrades/price‑target increases have driven liquidity and momentum into ANET, reinforcing the current uptrend. MarketBeat Arista coverage and analyst targets
• Neutral Sentiment: Several bullish writeups recap Arista’s market share in high‑performance switching and AI networking; useful context for investors but reflect elevated expectations that increase the bar for surprises. Is Arista Networks, Inc. (ANET) A Good Stock To Buy Now?
• Negative Sentiment: Significant insider selling by CEO Jayshree Ullal (multiple pre‑arranged 10b5‑1 sales totaling tens of millions over recent days) is generating selling pressure and negative headlines despite being scheduled trades. Jayshree Ullal Sells 93,861 Shares
• Negative Sentiment: Additional insider dispositions (EVP and other executives) amplify perception of management profit‑taking and can increase short‑term volatility into the earnings date. Kenneth Duda SEC filing

Analyst Ratings Changes

A number of analysts have recently commented on the company. Truist Financial assumed coverage on Arista Networks in a research report on Tuesday, March 31st. They set a "buy" rating and a $161.00 target price on the stock. Evercore reiterated an "outperform" rating and set a $200.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Morgan Stanley reiterated an "overweight" rating and set a $165.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Zacks Research upgraded Arista Networks from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 13th. Finally, Barclays reissued an "overweight" rating and set a $184.00 price target (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $177.83.

Arista Networks Stock Up 2.4%

NYSE ANET opened at $176.76 on Friday. Arista Networks, Inc. has a 52-week low of $76.01 and a 52-week high of $179.80. The business's 50-day moving average price is $139.47 and its 200 day moving average price is $137.26. The firm has a market cap of $222.57 billion, a P/E ratio of 64.04, a P/E/G ratio of 3.03 and a beta of 1.48.

Arista Networks (NYSE:ANET - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.07. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The firm had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. During the same quarter last year, the company posted $0.66 earnings per share. The business's revenue was up 28.9% on a year-over-year basis. As a group, analysts anticipate that Arista Networks, Inc. will post 3.17 earnings per share for the current year.

Arista Networks Company 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.

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