Arista Networks, Inc. $ANET is DSM Capital Partners LLC’s 6th Largest Position

DSM Capital Partners LLC lessened its position in shares of Arista Networks, Inc. (NYSE:ANET) by 41.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,933,214 shares of the technology company’s stock after selling 2,082,080 shares during the quarter. Arista Networks comprises approximately 6.1% of DSM Capital Partners LLC’s portfolio, making the stock its 6th largest position. DSM Capital Partners LLC owned about 0.23% of Arista Networks worth $427,399,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ANET. Brighton Jones LLC raised its position in Arista Networks by 321.7% in the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after purchasing an additional 5,955 shares during the period. Revolve Wealth Partners LLC acquired a new stake in shares of Arista Networks during the 4th quarter worth about $202,000. Bison Wealth LLC purchased a new stake in Arista Networks in the 4th quarter valued at about $251,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Arista Networks by 7.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 155,780 shares of the technology company’s stock valued at $12,071,000 after buying an additional 11,317 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Arista Networks in the first quarter valued at about $543,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Stock Down 3.3%

NYSE:ANET opened at $132.63 on Wednesday. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94. The company has a fifty day simple moving average of $132.45 and a two-hundred day simple moving average of $131.50. The company has a market cap of $167.02 billion, a price-to-earnings ratio of 50.43, a price-to-earnings-growth ratio of 2.31 and a beta of 1.41.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, November 4th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. Arista Networks had a return on equity of 30.28% and a net margin of 39.73%.The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the business posted $2.40 earnings per share. Arista Networks’s revenue was up 27.5% compared to the same quarter last year. On average, analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current year.

Arista Networks News Roundup

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

• Positive Sentiment: Piper Sandler upgraded ANET to Overweight and raised its price target (cited belief that Arista is holding share in a 2026 enterprise refresh cycle), a near-term catalyst for buying interest and higher analyst conviction. Piper Sandler upgrades Arista Networks (ANET)
• Positive Sentiment: Coverage and analyst revisions highlight ANET as a beneficiary of AI-driven data-center upgrades and networking demand, supporting revenue/earnings estimate upgrades and investor conviction. Arista Networks: Networking Demand Keeps Surprising to the Upside
• Neutral Sentiment: A longer-form valuation/market piece reviews Arista’s positioning in AI infrastructure and the multiple expansion narrative — useful context for investors but not an immediate price catalyst on its own. Assessing Arista Networks (ANET) Valuation As AI Infrastructure Wins And Analyst Upgrades Support Growth
• Neutral Sentiment: Analyst commentary (Zacks) notes Arista’s accelerating AI-focused product roadmap and software-led strategy, but flags margin pressure and customer-concentration risks — balanced factors that could limit near-term upside if execution or pricing softens. Can ANET’s AI-Focused Portfolio Help Stoke Growth for the Stock?
• Negative Sentiment: Insider selling: Director Charles H. Giancarlo sold 8,000 shares (~31% reduction in his holdings) at ~\$133.79, a bearish signal to some investors even though insider sales can be for personal reasons. Insider sale by Charles H. Giancarlo

Wall Street Analysts Forecast Growth

ANET has been the topic of a number of research analyst reports. Erste Group Bank downgraded shares of Arista Networks from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Piper Sandler upgraded shares of Arista Networks from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $145.00 to $159.00 in a report on Monday. Citigroup boosted their target price on Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Evercore ISI raised their price target on Arista Networks from $150.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Finally, The Goldman Sachs Group boosted their price objective on Arista Networks from $155.00 to $175.00 and gave the company a “buy” rating in a report on Friday, September 12th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $164.44.

Insider Activity

In related news, CEO Jayshree Ullal sold 24,042 shares of Arista Networks stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $124.55, for a total value of $2,994,431.10. Following the completion of the transaction, the chief executive officer owned 9,917 shares in the company, valued at $1,235,162.35. The trade was a 70.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $133.79, for a total transaction of $1,070,320.00. Following the transaction, the director owned 17,784 shares of the company’s stock, valued at $2,379,321.36. This trade represents a 31.03% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 216,464 shares of company stock worth $28,488,988. 3.54% of the stock is currently owned by company insiders.

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.