Arlington Capital Management Inc. Cuts Stake in Arista Networks, Inc. $ANET

Key Points

• Arlington Capital Management Inc. significantly reduced its stake in Arista Networks, Inc. by 78.1%, selling 13,389 shares during the second quarter, leaving it with 3,755 shares valued at $384,000.
• The CEO of Arista Networks, Jayshree Ullal, sold 1,785,165 shares for over $243 million, which marks a 23.86% decrease in her ownership.
• Arista Networks reported strong earnings with $0.73 EPS for the last quarter, surpassing analysts' expectations, and has set a positive outlook moving into Q3 2025.

Arlington Capital Management Inc. lowered its stake in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 78.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,755 shares of the technology company's stock after selling 13,389 shares during the period. Arlington Capital Management Inc.'s holdings in Arista Networks were worth $384,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. DSG Capital Advisors LLC acquired a new stake in Arista Networks during the 4th quarter worth $5,984,000. Ibex Wealth Advisors boosted its position in Arista Networks by 14.4% during the first quarter. Ibex Wealth Advisors now owns 58,093 shares of the technology company's stock worth $4,501,000 after acquiring an additional 7,329 shares during the last quarter. Sowell Financial Services LLC acquired a new position in Arista Networks during the first quarter worth about $629,000. Commonwealth Equity Services LLC boosted its position in Arista Networks by 19.8% during the first quarter. Commonwealth Equity Services LLC now owns 613,309 shares of the technology company's stock worth $47,519,000 after acquiring an additional 101,162 shares during the last quarter. Finally, Westfield Capital Management Co. LP acquired a new position in Arista Networks during the first quarter worth about $15,227,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Stock Down 1.1%

Shares of Arista Networks stock opened at $142.52 on Thursday. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $156.32. The business's fifty day simple moving average is $133.00 and its 200-day simple moving average is $103.29. The firm has a market cap of $179.13 billion, a PE ratio of 56.06, a price-to-earnings-growth ratio of 3.00 and a beta of 1.50.

Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.65 by $0.08. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the company posted $0.53 EPS. The company's quarterly revenue was up 30.4% on a year-over-year basis. Arista Networks has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Insider Activity at Arista Networks

In other news, CEO Jayshree Ullal sold 1,785,165 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $136.22, for a total value of $243,175,176.30. Following the transaction, the chief executive officer directly owned 5,698,074 shares in the company, valued at approximately $776,191,640.28. This represents a 23.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 7,522,832 shares of company stock valued at $980,078,779. Corporate insiders own 3.39% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ANET shares. Redburn Atlantic started coverage on Arista Networks in a report on Wednesday, May 28th. They set a "buy" rating and a $112.00 target price on the stock. Rosenblatt Securities boosted their price objective on Arista Networks from $125.00 to $140.00 and gave the stock a "neutral" rating in a research note on Friday, September 12th. JPMorgan Chase & Co. boosted their price objective on Arista Networks from $150.00 to $175.00 and gave the stock an "overweight" rating in a research note on Friday, September 12th. Needham & Company LLC boosted their price objective on Arista Networks from $155.00 to $160.00 and gave the stock a "buy" rating in a research note on Tuesday, September 16th. Finally, Wolfe Research boosted their price target on shares of Arista Networks from $160.00 to $185.00 and gave the company an "outperform" rating in a research report on Friday, September 12th. Sixteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $157.88.

Arista Networks Company Profile

Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

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