Blue Jean Financial LLC Acquires Shares of 10,265 Arista Networks, Inc. $ANET

Key Points

• Blue Jean Financial LLC disclosed a new stake in Arista Networks, buying 10,265 shares valued at about $1.345 million in the fourth quarter.
• Arista has continued to attract analyst support, with multiple firms raising targets or ratings and the stock now carrying an average Buy rating and a consensus price target of $186.47.
• The company reported strong quarterly results, including EPS of $0.87 versus $0.81 expected and revenue of $2.71 billion, while also benefiting from optimism around its AI-focused networking products and recent platform upgrades.

Blue Jean Financial LLC acquired a new stake in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,265 shares of the technology company's stock, valued at approximately $1,345,000.

Several other large investors have also bought and sold shares of ANET. Board of the Pension Protection Fund bought a new position in Arista Networks during the 4th quarter valued at $26,000. Knuff & Co LLC bought a new position in Arista Networks during the 3rd quarter valued at $29,000. Ameliora Wealth Management Ltd. bought a new position in Arista Networks during the 4th quarter valued at $30,000. Quarry LP bought a new position in Arista Networks during the 3rd quarter valued at $33,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Arista Networks during the 4th quarter worth $34,000. 82.47% of the stock is currently owned by institutional investors.

Arista Networks News Summary

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

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista's Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks NYSE: ANET Stock

Insider Buying and Selling

In related news, Director Kelly Bodnar Battles sold 422 shares of Arista Networks stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the completion of the sale, the director owned 10,078 shares of the company's stock, valued at approximately $1,475,822.32. This trade represents a 4.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of Arista Networks stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $155.04, for a total value of $2,140,947.36. Following the completion of the sale, the chief executive officer directly owned 9,917 shares of the company's stock, valued at approximately $1,537,531.68. This trade represents a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,403,142 shares of company stock worth $388,820,943 in the last quarter. 2.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ANET has been the topic of a number of recent analyst reports. Raymond James Financial upgraded Arista Networks from a "market perform" rating to an "outperform" rating and set a $164.00 target price on the stock in a research note on Friday, May 15th. Susquehanna upgraded Arista Networks to a "strong-buy" rating in a research note on Wednesday, April 1st. Citigroup lowered their target price on Arista Networks from $176.00 to $173.00 and set a "buy" rating on the stock in a research note on Wednesday, May 6th. Needham & Company LLC reiterated a "buy" rating and set a $185.00 target price on shares of Arista Networks in a research note on Wednesday, May 6th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $190.00 target price (up from $180.00) on shares of Arista Networks in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Arista Networks currently has an average rating of "Buy" and an average price target of $186.47.

Arista Networks Stock Performance

Shares of ANET opened at $163.38 on Friday. The business has a 50-day moving average of $154.43 and a 200 day moving average of $139.99. Arista Networks, Inc. has a fifty-two week low of $85.58 and a fifty-two week high of $179.80. The firm has a market cap of $205.73 billion, a P/E ratio of 55.95, a price-to-earnings-growth ratio of 2.52 and a beta of 1.61.

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 for the quarter, topping the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter last year, the firm posted $0.65 EPS. The firm's revenue for the quarter was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal 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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