McLaughlin Asset Management Inc. Makes New $1.16 Million Investment in Arista Networks, Inc. $ANET

Key Points

• McLaughlin Asset Management disclosed a new fourth-quarter stake in Arista Networks, buying 8,832 shares worth about $1.16 million. Other institutional investors also added to or initiated positions, and institutions now own 82.47% of the stock.
• Arista Networks reported better-than-expected Q1 results, posting EPS of $0.87 versus $0.81 expected and revenue of $2.71 billion versus $2.62 billion expected. Revenue rose 35.1% year over year, and the company guided Q2 2026 EPS to 0.88.
• Sentiment remains generally positive, with analysts like Wolfe Research and KeyBanc reiterating bullish views tied to AI networking demand and data center growth. However, recent insider sales and some commentary suggest the stock may be facing short-term profit-taking after a strong run.

McLaughlin Asset Management Inc. bought a new stake in Arista Networks, Inc. (NYSE:ANET - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,832 shares of the technology company's stock, valued at approximately $1,157,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ANET. Board of the Pension Protection Fund bought a new position in shares of Arista Networks during the fourth quarter worth about $26,000. Prosperity Bancshares Inc bought a new stake in Arista Networks in the 4th quarter valued at about $28,000. Knuff & Co LLC acquired a new position in Arista Networks during the 3rd quarter valued at about $29,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks during the 4th quarter valued at about $30,000. Finally, Quarry LP bought a new position in Arista Networks in the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 82.47% of the company's stock.

Arista Networks Trading Up 3.0%

ANET stock opened at $169.84 on Friday. The firm's 50-day moving average is $157.61 and its two-hundred day moving average is $141.24. The company has a market capitalization of $213.86 billion, a price-to-earnings ratio of 58.16, a price-to-earnings-growth ratio of 2.54 and a beta of 1.61. Arista Networks, Inc. has a 52 week low of $85.58 and a 52 week high of $179.80.

Arista Networks (NYSE:ANET - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $2.62 billion. During the same period last year, the firm posted $0.65 earnings per share. The business's revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts predict that Arista Networks, Inc. will post 3.27 earnings per share for the current year.

More Arista Networks News

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

Insider Transactions at Arista Networks

In other Arista Networks news, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total transaction of $384,336.00. Following the completion of the transaction, the chief financial officer directly owned 64,408 shares of the company's stock, valued at approximately $10,112,056. This trade represents a 3.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 Arista Networks stock in a transaction on Monday, June 1st. The shares were sold at an average price of $169.09, for a total value of $1,352,720.00. Following the transaction, the director owned 200,333 shares in the company, valued at approximately $33,874,306.97. This trade represents a 3.84% decrease in their ownership of the stock. 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 sold a total of 2,603,747 shares of company stock valued at $423,901,619 over the last three months. 2.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on ANET. Piper Sandler restated an "overweight" rating and issued a $181.00 price target (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. KeyCorp reiterated an "overweight" rating and set a $200.00 price objective (up from $178.00) on shares of Arista Networks in a research report on Thursday. Weiss Ratings cut Arista Networks from a "buy (b)" rating to a "buy (b-)" rating in a research report on Monday. Raymond James Financial raised 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. Finally, Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a "buy" rating in a research report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $187.63.

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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