Fiera Capital Corp Sells 117,354 Shares of Arista Networks, Inc. $ANET

Fiera Capital Corp reduced its position in Arista Networks, Inc. (NYSE:ANET) by 14.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 707,716 shares of the technology company’s stock after selling 117,354 shares during the period. Fiera Capital Corp owned about 0.06% of Arista Networks worth $103,121,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ANET. Brighton Jones LLC raised its position in shares of 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 position in Arista Networks in the 4th quarter valued at about $202,000. Bison Wealth LLC bought a new position in Arista Networks in the 4th quarter valued at about $251,000. Sivia Capital Partners LLC lifted its position in Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after acquiring an additional 3,496 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of Arista Networks by 11.1% during the second quarter. Harbour Investments Inc. now owns 1,804 shares of the technology company’s stock worth $185,000 after acquiring an additional 180 shares during the period. Institutional investors own 82.47% of the company’s stock.

Analyst Upgrades and Downgrades

ANET has been the subject of several research reports. Evercore reissued an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a report on Friday, February 13th. UBS Group reissued a “buy” rating and issued a $177.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Morgan Stanley restated an “overweight” rating and issued a $165.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Wells Fargo & Company lifted their price objective on shares of Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Erste Group Bank downgraded shares of Arista Networks from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Seventeen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Arista Networks has an average rating of “Moderate Buy” and an average target price of $175.44.

Arista Networks Trading Down 1.8%

Shares of NYSE:ANET opened at $136.97 on Friday. The firm has a 50 day moving average of $133.75 and a 200-day moving average of $137.42. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $164.94. The stock has a market capitalization of $172.11 billion, a PE ratio of 49.63, a PEG ratio of 2.35 and a beta of 1.42.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.07. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.38 billion. During the same period last year, the firm posted $0.66 earnings per share. The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. On average, research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Q4 results and metrics look strong: Arista reported an EPS and revenue beat for the quarter, with revenue up ~29% year-over-year and healthy margins — evidence of ongoing demand for its networking gear. Arista Q4 Results
• Positive Sentiment: Management and analysts emphasize AI networking as a growth driver for 2026 (expecting meaningful improvement in AI-related revenues) and see campus/branch networking as an additional growth vector — supportive for longer-term revenue growth. AI Revenue Outlook
• Positive Sentiment: Analyst write-ups highlight Arista’s software stack (EOS, CloudVision) and AI-ready, automated networking as competitive advantages versus peers — a bullish structural thesis for enterprise and hyperscaler spending. Zacks: Software Strength
• Neutral Sentiment: Valuation is getting scrutiny as the market balances growth/AI positioning against a premium multiple — analysts and commentators are reassessing whether the current price reflects the 2026 growth outlook. Valuation Piece
• Neutral Sentiment: Several comparison and “is it a buy” pieces contrast Arista with other connectivity/cloud stocks (ASTS, CCSI), which can influence relative flows and sector rotation but don’t change Arista’s fundamentals. ASTS vs ANET Zacks: Trending Peer Comparison
• Negative Sentiment: Insider selling: Kenneth Duda sold a total of 58,000 shares on Feb 17 at ~ $142.35–$142.44 (roughly $8.26M), reducing his holdings — a signal some investors interpret as caution or profit-taking and that can pressure near-term sentiment. SEC filing: Form 4

Insider Transactions at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $142.44, for a total value of $4,558,080.00. Following the transaction, the insider owned 12,976 shares in the company, valued at $1,848,301.44. The trade was a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jayshree Ullal sold 24,042 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $124.55, for a total value of $2,994,431.10. Following the transaction, the chief executive officer directly owned 9,917 shares of the company’s stock, valued at approximately $1,235,162.35. The trade was a 70.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 218,042 shares of company stock valued at $28,561,131. Corporate insiders own 3.39% of the company’s stock.

About Arista Networks

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.