Alliancebernstein L.P. Sells 6,019,949 Shares of Arista Networks, Inc. $ANET

Alliancebernstein L.P. trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 58.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,305,807 shares of the technology company’s stock after selling 6,019,949 shares during the quarter. Alliancebernstein L.P. owned 0.34% of Arista Networks worth $627,399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Creative Planning lifted its position in shares of Arista Networks by 1.2% during the 3rd quarter. Creative Planning now owns 876,976 shares of the technology company’s stock worth $127,784,000 after buying an additional 10,492 shares during the period. Ancora Advisors LLC boosted its stake in Arista Networks by 68.7% in the 3rd quarter. Ancora Advisors LLC now owns 1,228 shares of the technology company’s stock valued at $179,000 after buying an additional 500 shares in the last quarter. Credit Agricole S A bought a new stake in Arista Networks in the third quarter valued at $11,676,000. Qtron Investments LLC raised its stake in Arista Networks by 122.7% during the third quarter. Qtron Investments LLC now owns 14,956 shares of the technology company’s stock worth $2,179,000 after acquiring an additional 8,240 shares in the last quarter. Finally, Exit Wealth Advisors LLC. acquired a new position in Arista Networks during the third quarter worth $2,147,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks News Roundup

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

• Positive Sentiment: Arista launched the XPO multi-source agreement and a 12.8 Tbps liquid‑cooled pluggable optics module that boosts rack density ~4x — this product is explicitly targeted at hyperscale AI data centers and could expand Arista’s addressable market and hardware ASPs. Arista Announces XPO High Density Liquid Cooled Pluggable Optics
• Positive Sentiment: CEO guidance and management commentary point to faster top‑line growth — management expects ~ $11B revenue in 2026 (vs ~$9B in 2025), reinforcing the AI-driven demand narrative. Arista (ANET) to Hit $11B in 2026 Revenues, $2B More Than 2025, Says CEO
• Positive Sentiment: Broker activity has turned constructive — TD Cowen initiated coverage with a Buy and $170 PT, and some outlets upgraded the stock citing accelerating AI networking demand and durable hyperscaler commitments. Those actions support upside vs. current levels. TD Cowen initiates Arista, Coherent and Ciena at buy
• Positive Sentiment: Independent upgrades highlight the stock’s breakout potential as valuation has contracted and FY2026 revenue is guided above ~25%, reinforcing the bullish case for longer-term multiple expansion if execution continues. Arista Networks: All Ready To Storm To New Highs (Upgrade)
• Neutral Sentiment: Technically, ANET is trading near its 50‑day moving average inside a base and is listed as an IBD Sector Leader — constructive technicals but not yet a confirmed breakout. Arista Holds Near Key Level As Outlook Brightens
• Negative Sentiment: Shares have pulled back and shown intraday weakness in recent sessions — short‑term volatility and profit‑taking are pressuring the stock despite positive headlines. Arista Networks (ANET) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Analysts note supply constraints and some gross‑margin pressure that could limit near‑term revenue upside despite strong bookings — a risk to quarterly cadence even as the multi‑year AI opportunity remains intact. Arista Networks: Why A Breakout Seems Likely (Rating Upgrade)

Insider Activity at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 26,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $142.35, for a total value of $3,701,100.00. Following the completion of the sale, the insider owned 512,400 shares in the company, valued at approximately $72,940,140. This trade represents a 4.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $128.67, for a total transaction of $1,029,360.00. Following the completion of the transaction, the director directly owned 1,784 shares of the company’s stock, valued at approximately $229,547.28. This represents a 81.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 196,237 shares of company stock worth $25,865,760 in the last quarter. Insiders own 3.39% of the company’s stock.

Arista Networks Stock Performance

Arista Networks stock opened at $133.67 on Friday. The business’s fifty day moving average is $134.86 and its two-hundred day moving average is $137.32. The firm has a market cap of $167.96 billion, a P/E ratio of 48.43, a P/E/G ratio of 2.37 and a beta of 1.46. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94.

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

Analysts Set New Price Targets

ANET has been the subject of a number of analyst reports. UBS Group set a $200.00 price objective on Arista Networks in a report on Tuesday, February 24th. Evercore reiterated an “outperform” rating and set a $200.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of Arista Networks in a report on Monday, December 29th. Needham & Company LLC boosted their price target on shares of Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. Eighteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Arista Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $176.47.

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.