IPG Investment Advisors LLC Has $2.73 Million Holdings in Arista Networks, Inc. $ANET

Key Points

• IPG Investment Advisors LLC increased its Arista Networks stake by 66% in the fourth quarter, bringing its holdings to 20,840 shares valued at about $2.73 million.
• Wall Street sentiment remains constructive: several firms raised price targets or upgraded the stock, and the overall analyst consensus is a Buy with an average target price of $185.72.
• Arista Networks reported strong quarterly results, beating EPS and revenue estimates, while insiders have also been selling shares and institutional investors now own 82.47% of the company.

IPG Investment Advisors LLC raised its position in Arista Networks, Inc. (NYSE:ANET - Free Report) by 66.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,840 shares of the technology company's stock after purchasing an additional 8,286 shares during the quarter. IPG Investment Advisors LLC's holdings in Arista Networks were worth $2,731,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANET. Board of the Pension Protection Fund acquired a new stake in shares of Arista Networks in the 4th quarter valued at about $26,000. Knuff & Co LLC acquired a new stake in shares of Arista Networks in the 3rd quarter valued at about $29,000. Ameliora Wealth Management Ltd. acquired a new stake in shares of Arista Networks in the 4th quarter valued at about $30,000. Quarry LP acquired a new stake in shares of Arista Networks in the 3rd quarter valued at about $33,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Arista Networks in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 82.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ANET shares. Raymond James Financial raised Arista Networks from a "market perform" rating to an "outperform" rating and set a $164.00 price target on the stock in a research note on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on Arista Networks from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, April 16th. Truist Financial set a $175.00 price target on Arista Networks in a research note on Wednesday, May 6th. Weiss Ratings raised Arista Networks from a "hold (c+)" rating to a "buy (b)" rating in a research note on Friday, May 15th. Finally, Rosenblatt Securities lifted their price target on Arista Networks from $180.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $185.72.

Arista Networks Stock Performance

NYSE:ANET opened at $154.17 on Thursday. The stock's 50-day simple moving average is $146.62 and its 200 day simple moving average is $137.31. The company has a market cap of $194.13 billion, a P/E ratio of 52.80, a P/E/G ratio of 2.43 and a beta of 1.67. Arista Networks, Inc. has a 52-week low of $83.86 and a 52-week high of $179.80.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.06. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities analysts predict that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $140.08, for a total value of $4,482,560.00. Following the sale, the insider owned 12,976 shares of the company's stock, valued at approximately $1,817,678.08. The trade was a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, Director Kelly Bodnar Battles sold 422 shares of the business's stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the transaction, the director directly owned 10,078 shares in the company, valued at approximately $1,475,822.32. This trade represents a 4.02% 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 1,706,885 shares of company stock valued at $277,584,100 in the last quarter. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks 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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