Lombard Odier Asset Management Switzerland SA Boosts Stake in Arista Networks, Inc. $ANET

27 Jul 2026, 10:25 by Mitch Edgeman · The Markets Daily

Lombard Odier Asset Management Switzerland SA grew its stake in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 8.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,197 shares of the technology company’s stock after buying an additional 3,300 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Arista Networks were worth $5,181,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in ANET. Norges Bank purchased a new stake in shares of Arista Networks in the fourth quarter valued at $1,558,563,000. M&T Bank Corp lifted its holdings in Arista Networks by 3,182.7% in the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after purchasing an additional 3,890,146 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Arista Networks by 59.3% in the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after purchasing an additional 2,934,098 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Arista Networks by 86.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,240,951 shares of the technology company’s stock worth $520,168,000 after purchasing an additional 1,960,829 shares during the last quarter. Finally, Clearbridge Investments LLC purchased a new stake in shares of Arista Networks during the fourth quarter worth about $198,285,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Arista Networks

In related news, CEO Jayshree Ullal sold 234,578 shares of Arista Networks stock in a transaction on Friday, July 10th. The stock was sold at an average price of $187.18, for a total value of $43,908,310.04. Following the transaction, the chief executive officer owned 5,134,207 shares in the company, valued at approximately $961,020,866.26. This trade represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $167.06, for a total value of $1,336,480.00. Following the sale, the director directly owned 192,333 shares of the company’s stock, valued at approximately $32,131,150.98. This trade represents a 3.99% 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. Insiders sold 2,264,983 shares of company stock valued at $376,175,065 over the last quarter. 2.70% of the stock is currently owned by corporate insiders.

Key Arista Networks News

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

Positive Sentiment: BofA and Needham commentary was broadly bullish ahead of Arista’s upcoming Q2 results, with analysts expecting the stock to keep rising on continued AI and data-center demand. Arista Networks sees largely bullish views at BofA ahead of Q2 results
Positive Sentiment: Arista was highlighted as a beneficiary of expanding AI adoption, reinforcing the investment case that demand for networking gear tied to AI buildouts could support future growth. 4 Software Stocks Poised to Benefit From Expanding AI Adoption
Positive Sentiment: Arista was also featured among high-ROE stocks that may appeal to investors seeking quality names during market volatility, underscoring its strong profitability profile. 5 High ROE Stocks to Buy as Surging Oil Prices Rattle Investors
Neutral Sentiment: Recent coverage debated whether ANET is fairly valued for AI growth or still trading at a premium, suggesting investors are weighing strong fundamentals against a rich valuation. Is Arista Networks (ANET) Priced For AI Growth Or Too Expensive?
Neutral Sentiment: Arista’s strong first-half performance and long-term stock gains continue to support a positive narrative, but this is more of a reminder of past strength than a direct near-term catalyst. Why Arista Networks Stock Rocketed 30% Higher in the First Half of 2026 and Why There’s Likely More to Come
Negative Sentiment: The stock also slipped in the latest trading session, reflecting some profit-taking and softer short-term momentum despite the upbeat analyst backdrop. Arista Networks (ANET) Stock Falls Amid Market Uptick: What Investors Need to Know

Arista Networks Stock Performance

ANET opened at $173.79 on Monday. The company’s 50 day simple moving average is $164.95 and its 200 day simple moving average is $148.78. Arista Networks, Inc. has a 1 year low of $113.55 and a 1 year high of $189.82. The stock has a market capitalization of $218.83 billion, a PE ratio of 59.52, a P/E/G ratio of 2.67 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, sell-side analysts expect that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Arista Networks to a “buy” rating in a research report on Wednesday, June 10th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. UBS Group reiterated a “buy” rating and issued a $187.00 price target (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. TD Cowen reissued a “buy” rating and set a $210.00 price target (up from $200.00) on shares of Arista Networks in a research note on Monday, July 13th. Finally, Citigroup decreased their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $189.74.

View Our Latest Stock Analysis on ANET

Arista Networks Profile

(Free Report)

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.