Baader Bank Aktiengesellschaft Decreases Stake in Arista Networks, Inc. $ANET

Baader Bank Aktiengesellschaft reduced its position in shares of Arista Networks, Inc. (NYSE:ANET) by 14.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,090 shares of the technology company’s stock after selling 4,810 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Arista Networks were worth $3,563,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sankala Group LLC bought a new stake in shares of Arista Networks in the fourth quarter worth about $27,000. Prosperity Bancshares Inc bought a new position in Arista Networks during the 4th quarter valued at approximately $28,000. Main Street Group LTD bought a new position in Arista Networks during the 1st quarter valued at approximately $26,000. Quarry LP purchased a new stake in Arista Networks in the 3rd quarter worth approximately $33,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of Arista Networks in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

ANET has been the topic of several recent analyst reports. Citigroup cut their price target on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Wolfe Research reaffirmed an “outperform” rating and issued a $175.00 target price on shares of Arista Networks in a research report on Wednesday, June 10th. UBS Group reaffirmed a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Barclays reiterated an “overweight” rating and set a $195.00 price target (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Finally, Truist Financial set a $175.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $188.95.

Arista Networks Stock Performance

NYSE:ANET opened at $169.17 on Tuesday. The firm has a market cap of $213.02 billion, a P/E ratio of 57.94, a P/E/G ratio of 2.59 and a beta of 1.60. Arista Networks, Inc. has a fifty-two week low of $106.99 and a fifty-two week high of $189.82. The firm has a 50-day simple moving average of $162.41 and a two-hundred day simple moving average of $147.60.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results 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. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s 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. On average, equities research analysts predict that Arista Networks, Inc. will post 3.28 EPS for the current year.

Insider Activity

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the completion of the sale, the chief executive officer owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. The trade was a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares of the company’s stock, valued at approximately $30,223,652,457.36. This trade represents a 0.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,692,983 shares of company stock worth $452,119,385 over the last three months. Insiders own 2.70% of the company’s stock.

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.