New York State Teachers Retirement System Has $110.02 Million Holdings in Arista Networks, Inc. $ANET

01 May 2026, 09:02 by Amy Steele · The Cerbat Gem

New York State Teachers Retirement System grew its position in Arista Networks, Inc. (NYSE:ANET – Free Report) by 0.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 839,670 shares of the technology company’s stock after acquiring an additional 4,057 shares during the quarter. New York State Teachers Retirement System’s holdings in Arista Networks were worth $110,022,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ANET. Vanguard Group Inc. increased its holdings in Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock worth $13,258,877,000 after buying an additional 1,188,799 shares during the last quarter. State Street Corp lifted its stake in Arista Networks by 0.5% in the third quarter. State Street Corp now owns 46,342,551 shares of the technology company’s stock valued at $6,752,573,000 after acquiring an additional 245,976 shares during the last quarter. Invesco Ltd. grew its position in Arista Networks by 1.8% in the third quarter. Invesco Ltd. now owns 10,094,255 shares of the technology company’s stock worth $1,470,834,000 after acquiring an additional 181,813 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Arista Networks by 82.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock worth $1,396,939,000 after purchasing an additional 4,332,659 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Arista Networks by 2,829.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock worth $833,630,000 after purchasing an additional 5,525,828 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Arista Networks

In related 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 transaction, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. The trade was a 7.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $155.02, for a total value of $1,378,127.80. Following the completion of the transaction, the chief financial officer directly owned 60,734 shares in the company, valued at $9,414,984.68. The trade was a 12.77% 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 1,502,729 shares of company stock valued at $246,427,959 over the last quarter. Company insiders own 3.39% of the company’s stock.

Arista Networks Price Performance

NYSE:ANET opened at $172.79 on Friday. Arista Networks, Inc. has a one year low of $82.80 and a one year high of $179.80. The company has a fifty day moving average price of $141.84 and a 200 day moving average price of $137.76. The stock has a market cap of $217.57 billion, a P/E ratio of 62.60, a PEG ratio of 2.96 and a beta of 1.48.

Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.07. The company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the business posted $0.66 EPS. As a group, equities research analysts anticipate that Arista Networks, Inc. will post 3.17 EPS for the current year.

Arista Networks News Roundup

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

Positive Sentiment: Erste Group raised FY2026 and FY2027 EPS estimates for Arista, citing stronger outlook — a direct fundamental upgrade that supports higher stock expectations. Erste Group Raises Estimates
Positive Sentiment: Multiple peers reported results showing robust cloud/AI and data‑center demand — a sector-level tailwind for Arista’s product demand (examples: Microsoft, KLA, Bandwidth, Qualcomm). Strong peer results reduce execution risk for ANET’s growth story. Microsoft Q3 KLA Q3 Bandwidth Q1 Qualcomm Q2
Neutral Sentiment: Wall Street consensus remains a Buy on ANET, which supports investor interest but may already be priced in; the articles caution that consensus ratings can be overly optimistic. Analyst Consensus
Neutral Sentiment: Coverage pieces note ANET is outpacing many tech peers year‑to‑date, reinforcing momentum narratives but also highlighting that much upside may reflect sector leadership rather than new company-specific drivers. ANET vs Peers
Neutral Sentiment: Options and income‑generation articles (cash‑secured puts, using puts around earnings) signal elevated near‑term volatility expectations around ANET’s upcoming results — useful for tactical traders but not a direct company fundamental change. Options Strategy MSN: Using Puts
Negative Sentiment: High valuation (premium P/E) and dependence on continued AI/cloud capex create downside risk if macro or capex trends cool; analyst upgrades and “Buy” consensus raise the bar for future earnings. See cautionary notes about over‑optimistic analyst recommendations. Analyst Caution

Wall Street Analyst Weigh In

ANET has been the subject of several analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, April 14th. UBS Group set a $200.00 price target on Arista Networks in a research report on Tuesday, February 24th. Wells Fargo & Company upped their price target on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Needham & Company LLC boosted their target price on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Arista Networks currently has an average rating of “Buy” and a consensus price target of $177.83.

Check Out Our Latest Analysis on Arista Networks

Arista Networks Company 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.