Arista Networks (NYSE:ANET) Director Sells $213,532.65 in Stock

Arista Networks, Inc. (NYSE:ANET) Director Yvonne Wassenaar sold 1,395 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total transaction of $213,532.65. Following the completion of the sale, the director owned 9,784 shares in the company, valued at approximately $1,497,636.88. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yvonne Wassenaar also recently made the following trade(s):

• On Monday, March 16th, Yvonne Wassenaar sold 1,395 shares of Arista Networks stock. The shares were sold at an average price of $134.34, for a total transaction of $187,404.30.
• On Wednesday, February 25th, Yvonne Wassenaar sold 1,815 shares of Arista Networks stock. The shares were sold at an average price of $132.44, for a total transaction of $240,378.60.

Arista Networks Price Performance

Shares of NYSE ANET opened at $164.39 on Monday. The company has a 50 day simple moving average of $136.20 and a 200 day simple moving average of $136.24. The firm has a market cap of $206.56 billion, a PE ratio of 59.56, a price-to-earnings-growth ratio of 2.89 and a beta of 1.48. Arista Networks, Inc. has a 1 year low of $66.59 and a 1 year high of $165.28.

Arista Networks (NYSE:ANET) last issued 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. The business had revenue of $2.49 billion during 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 firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the business earned $0.66 EPS. As a group, research analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Institutional Trading of Arista Networks

Several hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new stake in Arista Networks in the 4th quarter valued at $1,558,563,000. Massachusetts Financial Services Co. MA grew its position in Arista Networks by 2,829.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock valued at $833,630,000 after purchasing an additional 5,525,828 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Arista Networks by 82.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after purchasing an additional 4,332,659 shares during the period. M&T Bank Corp grew its position in Arista Networks by 3,182.7% in the 4th quarter. M&T Bank Corp now owns 4,012,373 shares of the technology company’s stock valued at $525,741,000 after purchasing an additional 3,890,146 shares during the period. Finally, Franklin Resources Inc. grew its position in Arista Networks by 59.3% in the 4th quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after purchasing an additional 2,934,098 shares during the period. Institutional investors own 82.47% of the company’s stock.

Trending Headlines about Arista Networks

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

• Positive Sentiment: JPMorgan raised its price target to $200 and kept an “overweight” rating, giving the stock a clear upside catalyst for buy‑side interest. Read More.
• Positive Sentiment: Zacks upgraded ANET to a “strong‑buy” and listed it among high‑ROE stocks, which can attract retail/momentum flows. Read More.
• Positive Sentiment: News pieces highlight AI and cloud infrastructure demand (and S&P 500 indexing chatter) as drivers for Arista’s valuation and near‑term momentum. Read More.
• Positive Sentiment: Recent quarterly results remain supportive: Arista beat EPS and revenue estimates and reported ~29% YoY revenue growth and strong margins — fundamental backing for higher multiples. Read More.
• Neutral Sentiment: Peer data (Cisco, Ciena) confirms broad AI networking demand — a market tailwind for Arista but also signposts intensifying competition and supply dynamics. Read More.
• Neutral Sentiment: Consensus analyst coverage is heavily bullish (consensus target ~$177–$178), which supports momentum but ties moves to future estimate revisions.
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares under a pre‑arranged Rule 10b5‑1 plan (avg. ~$150), a large disclosed sale that can create short‑term sentiment pressure despite being planned. Read More.
• Negative Sentiment: CFO Chantelle Breithaupt sold 8,890 shares under a 10b5‑1 plan—another insider sale that investors will note when weighing near‑term flows. Read More.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Piper Sandler restated an “overweight” rating and set a $175.00 price target (up from $159.00) on shares of Arista Networks in a report on Friday, February 13th. UBS Group set a $200.00 price target on shares of Arista Networks in a report on Tuesday, February 24th. Barclays restated an “overweight” rating and set a $184.00 price target (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. KeyCorp restated an “overweight” rating and set a $178.00 price target (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, TD Cowen assumed coverage on shares of Arista Networks in a report on Thursday, March 12th. They set a “buy” rating and a $170.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $177.83.

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.