Kera Capital Partners Inc. Acquires 8,469 Shares of Arista Networks, Inc. $ANET

Key Points

• Kera Capital Partners increased its Arista Networks stake by 11.7% in Q4, buying 8,469 more shares and bringing its total holding to 80,987 shares worth about $11.5 million.
• Arista reported strong quarterly results, with EPS of $0.87 topping estimates and revenue of $2.71 billion beating expectations, while revenue rose 35.1% year over year.
• Market sentiment remains broadly positive, with several analysts reaffirming or raising price targets, including Bank of America’s $200 target, though some insider sales and recent pullbacks suggest possible short-term profit-taking.

Kera Capital Partners Inc. lifted its holdings in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 11.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,987 shares of the technology company's stock after purchasing an additional 8,469 shares during the period. Arista Networks accounts for 1.4% of Kera Capital Partners Inc.'s holdings, making the stock its 14th biggest holding. Kera Capital Partners Inc.'s holdings in Arista Networks were worth $11,479,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Knuff & Co LLC acquired a new position in Arista Networks during the 3rd quarter worth about $29,000. Board of the Pension Protection Fund acquired a new stake in shares of Arista Networks in the fourth quarter valued at about $26,000. Prosperity Bancshares Inc bought a new position in shares of Arista Networks during the fourth quarter worth about $28,000. Quarry LP bought a new stake in Arista Networks in the third quarter valued at approximately $33,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in Arista Networks in the fourth quarter valued at approximately $30,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Stock Performance

Shares of ANET opened at $169.84 on Friday. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80. The business's 50 day moving average price is $157.61 and its two-hundred day moving average price is $141.24. The firm has a market cap of $213.86 billion, a PE ratio of 58.16, a price-to-earnings-growth ratio of 2.54 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 EPS for the quarter, topping the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Research analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other Arista Networks news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of Arista Networks stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $157.00, for a total value of $384,336.00. Following the completion of the sale, the chief financial officer directly owned 64,408 shares of the company's stock, valued at approximately $10,112,056. The trade was a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the company's stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $169.09, for a total transaction of $1,352,720.00. Following the transaction, the director owned 200,333 shares in the company, valued at $33,874,306.97. This represents a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 2,603,747 shares of company stock valued at $423,901,619. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks News Roundup

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

• Positive Sentiment: Wolfe Research reaffirmed an Outperform rating on Arista Networks with a $175 price target, following discussions with management that reinforced confidence in the company’s growth outlook. Wolfe Research Reaffirms Bullish View on Arista Networks (ANET) With $175 Price Target
• Positive Sentiment: KeyBanc’s bullish stance highlights Arista as a beneficiary of strong AI-related networking demand, which supports the company’s long-term data center growth story. Arista sees bullish views at KeyBanc on AI demand
• Positive Sentiment: Recent coverage continues to frame Arista as a key player in AI infrastructure and data center switching, keeping investor interest elevated in the stock. Why Is Arista Networks Driving S&P 500 AI Infrastructure Growth?
• Neutral Sentiment: Nvidia taking the top spot in the data center Ethernet switching market underscores how competitive the AI networking space has become, though it also reinforces the size of the market Arista is targeting. Nvidia Overtakes Rivals in Data Center Switching Market
• Neutral Sentiment: Arista remains in focus after a strong multi-month run, with some commentary asking whether the stock has already priced in much of the good news. Arista Networks (ANET) Stock After 87% Annual Gain Is It Time To Pause?
• Negative Sentiment: Major shareholder Andreas Bechtolsheim sold 260,000 shares in a pre-arranged Rule 10b5-1 transaction, which may create modest pressure on sentiment even though the sale was small relative to his holdings. SEC filing for Andreas Bechtolsheim transaction
• Negative Sentiment: Recent market coverage noted that ANET declined more than the broader market, suggesting some short-term profit-taking after its powerful run. Arista Networks (ANET) Declines More Than Market: Some Information for Investors

Analyst Upgrades and Downgrades

Several research firms have issued reports on ANET. Truist Financial set a $175.00 price target on shares of Arista Networks in a report on Wednesday, May 6th. Barclays reaffirmed an "overweight" rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Piper Sandler reissued an "overweight" rating and set a $181.00 target price (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Zacks Research lowered shares of Arista Networks from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 14th. Finally, Bank of America boosted their target price on shares of Arista Networks from $185.00 to $200.00 and gave the company a "buy" rating in a report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $187.63.

About Arista Networks

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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