Arista Networks, Inc. $ANET Shares Sold by ASR Vermogensbeheer N.V.

Key Points

• Q1 beat: Arista reported $0.87 EPS (vs. $0.81 est.) and $2.71B revenue, up 35.1% YoY, set Q2 EPS guidance of $0.88, and has drawn higher analyst targets with a consensus rating of Buy and a $182.83 consensus price target.
• Large insider selling: CEO Jayshree Ullal sold 428,000 shares for about $75.9M, and insiders have sold roughly 1.50M shares (~$246.7M) over the past three months, reducing insider ownership to 3.39%.
• Institutional activity: ASR Vermogensbeheer cut its Arista stake by 10.7% (sold 20,960 shares), leaving 175,461 shares valued at $22.99M, while institutional investors hold about 82.47% of the company.

ASR Vermogensbeheer N.V. decreased its holdings in Arista Networks, Inc. (NYSE:ANET - Free Report) by 10.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 175,461 shares of the technology company's stock after selling 20,960 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Arista Networks were worth $22,990,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ANET. Brighton Jones LLC grew its holdings in Arista Networks by 321.7% in the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company's stock valued at $863,000 after purchasing an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of Arista Networks in the 4th quarter worth about $202,000. Bison Wealth LLC acquired a new stake in Arista Networks in the 4th quarter valued at about $251,000. Sivia Capital Partners LLC increased its holdings in Arista Networks by 48.4% during the 2nd 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 in the last quarter. Finally, Gamco Investors INC. ET AL increased its holdings in Arista Networks by 31.3% during the 2nd 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 in the last quarter. Institutional investors and hedge funds own 82.47% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on ANET shares. Truist Financial set a $175.00 price target on shares of Arista Networks in a report on Wednesday. Barclays reissued an "overweight" rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research note on Thursday. Weiss Ratings downgraded Arista Networks from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, May 1st. KeyCorp reaffirmed an "overweight" rating and issued a $178.00 target price (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, Evercore reiterated an "outperform" rating and set a $200.00 target price on shares of Arista Networks in a report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Arista Networks presently has a consensus rating of "Buy" and a consensus price target of $182.83.

Insiders Place Their Bets

In other news, CEO Jayshree Ullal sold 428,000 shares of the firm's stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the sale, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% decrease in their ownership of the stock. 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. Also, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the completion of the sale, the insider directly owned 12,976 shares of the company's stock, valued at approximately $1,740,600.64. This represents a 71.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,502,729 shares of company stock worth $246,707,719. Corporate insiders own 3.39% of the company's stock.

Arista Networks Price Performance

Shares of NYSE ANET opened at $141.75 on Friday. The company has a market cap of $178.48 billion, a PE ratio of 48.54, a price-to-earnings-growth ratio of 2.58 and a beta of 1.67. Arista Networks, Inc. has a 12 month low of $83.86 and a 12 month high of $179.80. The company has a 50-day simple moving average of $143.25 and a 200-day simple moving average of $137.87.

Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings data 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 net margin of 38.32% and a return on equity of 30.10%. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the firm posted $0.65 earnings per share. The company's quarterly 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. On average, analysts anticipate that Arista Networks, Inc. will post 3.17 EPS for the current year.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Q1 beat: Arista reported $0.87 EPS and $2.71B revenue (+~35% YoY), confirming strong AI and cloud demand — this supports the company’s growth narrative. Zacks: Arista Q1 Beats
• Positive Sentiment: Q2 guidance: Management set Q2 EPS at $0.88, which is modestly ahead of consensus and underscores near‑term profitability expectations. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Analyst support — Morgan Stanley raised its price target to $180 (Overweight) and other firms (Needham, Rosenblatt, Evercore, JP Morgan cited by coverage) have reiterated or lifted targets, signaling continued conviction from Wall Street. Yahoo: Morgan Stanley Raises PT
• Neutral Sentiment: Broader coverage and AI narrative — multiple outlets highlight Arista as a key AI‑infrastructure play, keeping investor interest elevated but also expectations high. KalkineMedia: AI Buzz
• Neutral Sentiment: IBD/sector momentum — Arista appears in sector‑leader screens and pullback watchlists, so technical traders may treat current weakness as a buying opportunity. Yahoo: IBD Sector Leaders
• Negative Sentiment: Margin/guidance nuance and after‑hours selling — coverage noted gross margin landed slightly below some expectations and the forward commentary wasn’t an unambiguous upside surprise, triggering profit‑taking and a sharp after‑hours move. Yahoo: Shares Slide After Beats
• Negative Sentiment: Supply / inventory questions — some analysts flagged possible supply constraints and softer upgrade cadence as risks that could temper near‑term upside. Seeking Alpha: Supply Constraints
• Negative Sentiment: Insider sale noted — Director Charles Giancarlo sold 8,000 shares under a pre‑arranged 10b5‑1 plan; while routine, some investors view insider selling as a short‑term negative signal. SEC Filing: Insider Sale

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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