Arista Networks, Inc.

New York Stock Exchange
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Bullish +65

Arista Networks, Inc. $ANET Shares Purchased by Amundi

📈 Amundi increased its stake in Arista Networks by 5.7% in Q1 2026, adding 491,173 shares to a total holding of 9,064,443 shares valued at $1.11 billion.

📊 Vanguard Group raised its position by 1.2% in Q4, now owning over 101 million shares worth approximately $13.26 billion.

🏦 State Street Corp and Price T Rowe Associates also boosted their stakes by 1.4% and 1.0% respectively during the fourth quarter.

🇳🇴 Norges Bank purchased a new stake in Arista Networks worth about $1.56 billion during the fourth quarter.

📉 Insiders sold a total of 2,308,316 shares worth $383.6 million in the last three months under pre-arranged trading plans.

💰 Arista reported Q1 revenue of $2.71 billion, representing a 35.1% increase compared to the same quarter last year.

📈 The company beat earnings estimates with $0.87 EPS against a consensus of $0.81 and achieved a net margin of 38.32%.

🎯 Analysts forecast full-year EPS of $3.28, with Morgan Stanley setting a price objective of $190.

📊 The stock trades at a P/E ratio of 58.04 with a market capitalization of $213.40 billion.

🔍 Institutional ownership stands at 82.47%, indicating strong confidence from major investment firms.

Bullish Signals
  • Arista Networks reported revenue of $2.71 billion, a 35.1% year-over-year increase that significantly beat the analyst consensus estimate of $2.62 billion.
  • The company achieved an EPS of $0.87, surpassing expectations by $0.06, while maintaining a robust net margin of 38.32% and a return on equity of 30.10%.
  • Major institutional investors including Amundi, Vanguard, State Street, and Price T Rowe all increased their holdings in the first or fourth quarter.
  • Norges Bank initiated a new position worth approximately $1.56 billion, signaling strong international institutional interest in the stock.
  • Analyst consensus remains bullish with an average target price of $189.74, supported by 'overweight' ratings from Morgan Stanley and Piper Sandler.
  • Deutsche Bank upgraded Arista Networks to a 'buy' rating in June, reinforcing positive sentiment among major financial institutions.
Risk Factors
  • Zacks Research downgraded the stock from a 'strong-buy' to a 'hold' rating in May, introducing some caution to the bullish consensus.
  • Insiders sold a total of 2.31 million shares worth $383.6 million over the last three months, representing a 2.70% reduction in insider ownership.
Full Analysis
Arista Networks, Inc. (NYSE:ANET) saw significant institutional activity in the first quarter of 2026, with Amundi boosting its stake by 5.7% to own over 9 million shares valued at approximately $1.11 billion. Other major investors including Vanguard Group, State Street Corp, and Price T Rowe Associates also increased their holdings during the fourth quarter, while Norges Bank initiated a new position worth roughly $1.56 billion. Collectively, institutional investors and hedge funds now control 82.47% of the company's outstanding stock. Recent insider trading activity included Director Charles H. Giancarlo selling 8,000 shares under a pre-arranged Rule 10b5-1 plan for $1.34 million, and major shareholder Andreas Bechtolsheim reducing his position by 240,000 shares worth $39 million. In total, insiders sold approximately 2.31 million shares valued at $383.6 million over the last three months, though they still retain a 2.70% ownership stake in the firm. Financially, Arista reported strong performance following its May 5th earnings announcement, with revenue reaching $2.71 billion, a 35.1% year-over-year increase that beat analyst expectations of $2.62 billion. The company posted earnings per share of $0.87 versus a consensus of $0.81, achieving a net margin of 38.32% and a return on equity of 30.10%. Analysts forecast full-year EPS of $3.28, with the stock currently trading around $169. Analyst sentiment remains largely positive despite one downgrade from Zacks Research to a 'hold' rating in May. Major firms like Morgan Stanley and Piper Sandler maintained 'overweight' ratings with price targets ranging from $175 to $190, while Deutsche Bank upgraded the stock to a 'buy'. The average analyst target price sits at $189.74, suggesting potential upside from current levels as the company continues to expand its cloud networking solutions.