DNB Asset Management AS Grows Stock Holdings in Arista Networks, Inc. $ANET

DNB Asset Management AS lifted its position in Arista Networks, Inc. (NYSE:ANET) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 562,210 shares of the technology company’s stock after buying an additional 11,318 shares during the period. DNB Asset Management AS’s holdings in Arista Networks were worth $81,920,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ANET. Bare Financial Services Inc increased its position in shares of Arista Networks by 2,118.2% during the second quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock worth $25,000 after purchasing an additional 233 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in Arista Networks by 56.7% in the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after acquiring an additional 72 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in Arista Networks by 141.3% in the 3rd quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after purchasing an additional 130 shares in the last quarter. SJS Investment Consulting Inc. grew its holdings in shares of Arista Networks by 979.2% during the third quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company’s stock valued at $38,000 after buying an additional 235 shares during the last quarter. Finally, Guerra Advisors Inc purchased a new stake in Arista Networks during the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $140.43, for a total value of $1,123,440.00. Following the sale, the director owned 9,784 shares in the company, valued at $1,373,967.12. This trade represents a 44.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $142.44, for a total transaction of $4,558,080.00. Following the transaction, the insider owned 12,976 shares of the company’s stock, valued at approximately $1,848,301.44. This trade represents a 71.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 194,422 shares of company stock valued at $25,620,741 over the last ninety days. Corporate insiders own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on ANET shares. Piper Sandler restated an “overweight” rating and set a $175.00 price objective (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Arista Networks in a research note on Monday, December 29th. Evercore reissued an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a report on Friday, February 13th. KeyCorp reaffirmed an “overweight” rating and set a $178.00 target price (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Wells Fargo & Company lifted their price target on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Seventeen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $176.88.

Arista Networks Trading Down 2.0%

NYSE ANET opened at $130.23 on Friday. The stock has a market capitalization of $163.64 billion, a price-to-earnings ratio of 47.18, a PEG ratio of 2.36 and a beta of 1.42. The stock has a 50-day moving average of $134.31 and a 200 day moving average of $137.39. Arista Networks, Inc. has a twelve month low of $59.43 and a twelve month high of $164.94.

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

Arista Networks News Roundup

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

• Positive Sentiment: Arista 2.0 strategy gaining traction — company hit a 150M port milestone and is pushing AI-focused, SaaS/cloud networking products that position it to capture AI datacenter spending. This is the main bullish operational narrative investors are buying. Arista 2.0 Strategy Picks Up Steam
• Positive Sentiment: Street attention to AI exposure — media and some analysts call Arista an underrated AI/infra play, which can attract rotation interest into ANET if AI capex remains strong. 1 Underrated AI Stock to Buy
• Neutral Sentiment: Management presented at Bernstein Insights — useful for messaging and investor Q&A but no new financials; helps clarity on roadmap rather than immediate re-rate. Arista Presents at Bernstein Insights
• Neutral Sentiment: Sector context: peers like Ciena are also citing AI-driven demand and large backlogs — a supportive industry backdrop that can help Arista’s growth story but isn’t company-specific proof. Ciena to Report Q1 Earnings
• Negative Sentiment: Insider selling: Director Kelly Bodnar Battles sold 422 shares (~$54k) recently — a small position reduction but still a visible insider sale that can be cited by short-term traders. Director Sells 422 Shares
• Negative Sentiment: Technical/valuation friction: ANET is trading below its recent moving averages on lighter volume and carries a high multiple (PE ~47). Those factors can magnify downside on profit-taking or if AI capex commentary disappoints. ANET Stock Summary & Metrics

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.