SBI Securities Co. Ltd. Sells 7,472 Shares of Arista Networks, Inc. $ANET

Key Points

• SBI Securities trimmed its stake in Arista Networks by 21.8% in Q4, selling 7,472 shares and retaining 26,750 shares valued at about $3.505 million.
• Significant insider selling occurred recently—CEO Jayshree Ullal sold 428,000 shares for roughly $75.94 million and Kenneth Duda sold 32,000 shares for about $4.29 million, with insiders offloading 1,502,729 shares (~$246.7 million) over the past three months.
• Arista reported a strong Q1 with revenue up ~35% YoY to $2.71B and EPS of $0.87 (above $0.81 consensus), set Q2 EPS guidance at $0.88, but the stock saw after‑hours volatility despite analysts' overall "Buy" consensus and an average price target near $182.22.

SBI Securities Co. Ltd. reduced its stake in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 21.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,750 shares of the technology company's stock after selling 7,472 shares during the quarter. SBI Securities Co. Ltd.'s holdings in Arista Networks were worth $3,505,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Knuff & Co LLC purchased a new position in shares of Arista Networks during the third quarter worth approximately $29,000. Board of the Pension Protection Fund bought a new position in Arista Networks in the fourth quarter worth approximately $26,000. Richardson Financial Services Inc. grew its stake in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company's stock worth $32,000 after purchasing an additional 130 shares in the last quarter. Quarry LP purchased a new position in Arista Networks during the 3rd quarter worth $33,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in Arista Networks during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 82.47% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Citigroup lowered their price objective on shares of Arista Networks from $176.00 to $173.00 and set a "buy" rating for the company in a research note on Wednesday. Wells Fargo & Company increased their price objective on shares of Arista Networks from $175.00 to $185.00 and gave the company an "overweight" rating in a research note on Friday, February 13th. Evercore reissued an "outperform" rating and issued a $200.00 price objective on shares of Arista Networks in a research note on Friday, February 13th. JPMorgan Chase & Co. increased their target price on Arista Networks from $190.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, April 16th. Finally, Zacks Research upgraded Arista Networks from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 13th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $182.22.

Insider Transactions at Arista Networks

In other news, insider Kenneth Duda sold 32,000 shares of the firm's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total value of $4,292,480.00. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at $1,740,600.64. This trade represents a 71.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jayshree Ullal sold 428,000 shares of Arista Networks stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the sale, the chief executive officer directly owned 5,209,207 shares of the company's stock, valued at $924,321,690.08. This trade represents a 7.59% 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 sold 1,502,729 shares of company stock worth $246,707,719 over the last three months. Corporate insiders own 3.39% of the company's stock.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Q1 beat — Arista reported Q1 revenue up ~35% YoY to $2.71B and EPS of $0.87 (vs. ~$0.81 consensus), underscoring robust AI/data‑center demand. Zacks: Arista Beats Q1
• Positive Sentiment: Q2 EPS guide modestly ahead — Management set Q2 EPS at $0.88, above street expectations, signaling continued profitability into the next quarter. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Analyst upgrades/raises — Rosenblatt raised its price target to $210 and Needham reaffirmed a $185 target, reflecting continued bullish views on Arista’s AI networking exposure. Benzinga: Rosenblatt/Needham Notes
• Neutral Sentiment: Consensus view stays constructive — Street consensus PT sits near $178.67 and the majority of analysts retain Buy/Outperform ratings, leaving longer‑term sentiment positive though expectations are high. AmericanBankingNews: Consensus PT
• Negative Sentiment: After‑hours sell‑off and volatility — The stock fell sharply in after‑hours trading despite the beat, indicating profit‑taking and disappointment versus elevated expectations. Yahoo: Stock Down After Beats
• Negative Sentiment: Margin/guidance nuance — Several outlets noted gross margin landed slightly below estimates and that guidance didn’t clearly beat on revenue/margins, which likely triggered short‑term selling. Seeking Alpha: Margin Note
• Negative Sentiment: Insider sale highlighted — Director Charles Giancarlo sold 8,000 shares under a pre‑arranged 10b5‑1 plan; while routine, such disclosures can weigh on sentiment in a volatile session. SEC: Insider Filing
• Negative Sentiment: Analyst PT tweak downward — Citigroup trimmed its PT from $176 to $173 (still a Buy), a modest hit to the high‑expectations backdrop. Benzinga: Citigroup PT Cut

Arista Networks Price Performance

Shares of ANET opened at $147.09 on Thursday. The firm has a market capitalization of $185.21 billion, a PE ratio of 50.37, a price-to-earnings-growth ratio of 2.99 and a beta of 1.67. Arista Networks, Inc. has a 1-year low of $82.80 and a 1-year high of $179.80. The company's fifty day moving average price is $142.99 and its 200-day moving average price is $137.88.

Arista Networks (NYSE:ANET - Get Free Report) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.06. Arista Networks had a return on equity of 31.23% 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 business posted $0.65 EPS. The firm's quarterly 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. As a group, research analysts anticipate that Arista Networks, Inc. will post 3.17 EPS 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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