Deltec Asset Management LLC Acquires New Holdings in Arista Networks, Inc. $ANET

Deltec Asset Management LLC bought a new stake in Arista Networks, Inc. (NYSE:ANET) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,300 shares of the technology company’s stock, valued at approximately $432,000.

Several other large investors have also recently bought and sold shares of ANET. Massachusetts Financial Services Co. MA increased its stake in Arista Networks by 2,829.0% in the third 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 in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Arista Networks by 82.5% in the third 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 in the last quarter. M&T Bank Corp increased its stake in Arista Networks by 3,182.7% in the fourth 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 in the last quarter. Vanguard Group Inc. increased its stake in Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after purchasing an additional 1,188,799 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in Arista Networks by 28.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 3,946,087 shares of the technology company’s stock valued at $574,984,000 after purchasing an additional 878,023 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Rosenblatt Securities raised shares of Arista Networks from a “neutral” rating to a “buy” rating and upped their target price for the company from $165.00 to $180.00 in a research note on Tuesday, April 7th. Evercore reaffirmed an “outperform” rating and issued a $200.00 target price on shares of Arista Networks in a research note on Friday, February 13th. Truist Financial assumed coverage on shares of Arista Networks in a research note on Tuesday, March 31st. They issued a “buy” rating and a $161.00 target price for the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, Wells Fargo & Company upped their target price on shares of Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $177.83.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the completion of the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total transaction of $1,378,127.80. Following the completion of the transaction, the chief financial officer directly owned 60,734 shares of the company’s stock, valued at approximately $9,414,984.68. This trade represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,502,729 shares of company stock valued at $246,427,959 over the last quarter. 3.54% of the stock is currently owned by corporate insiders.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Analysts and media highlight Arista as a direct beneficiary of Google’s new “Virgo” AI datacenter architecture; that narrative helped lift momentum and contributed to new highs. Arista poised to benefit from Google’s Virgo
• Positive Sentiment: Company/analyst commentary says Arista materially raised its AI‑networking market assumptions (effectively expanding the TAM), supporting higher forward multiples and investor willingness to pay a premium for AI exposure. Arista Doubles AI Networking Target
• Positive Sentiment: Street and research notes (Zacks and others) flag ANET as likely to top upcoming quarterly estimates as AI capex, 5G/fiber demand and datacenter upgrades lift networking spend — Q1 (May 5) is a potential catalyst for upgrades. 3 Telecom Stocks Likely to Surpass Q1 Earnings Estimates
• Positive Sentiment: Institutional accumulation and multiple analyst upgrades/price‑target increases have driven liquidity and momentum into ANET, reinforcing the current uptrend. MarketBeat Arista coverage and analyst targets
• Neutral Sentiment: Several bullish writeups recap Arista’s market share in high‑performance switching and AI networking; useful context for investors but reflect elevated expectations that increase the bar for surprises. Is Arista Networks, Inc. (ANET) A Good Stock To Buy Now?
• Negative Sentiment: Significant insider selling by CEO Jayshree Ullal (multiple pre‑arranged 10b5‑1 sales totaling tens of millions over recent days) is generating selling pressure and negative headlines despite being scheduled trades. Jayshree Ullal Sells 93,861 Shares
• Negative Sentiment: Additional insider dispositions (EVP and other executives) amplify perception of management profit‑taking and can increase short‑term volatility into the earnings date. Kenneth Duda SEC filing

Arista Networks Stock Down 0.1%

Shares of NYSE:ANET opened at $176.76 on Monday. Arista Networks, Inc. has a 12 month low of $76.01 and a 12 month high of $179.80. The company’s fifty day simple moving average is $139.47 and its 200 day simple moving average is $137.12. The firm has a market cap of $222.57 billion, a price-to-earnings ratio of 64.04, a PEG ratio of 3.11 and a beta of 1.48.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, topping 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 analyst estimates of $2.38 billion. During the same period last year, the business posted $0.66 earnings per share. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. Research analysts expect that Arista Networks, Inc. will post 3.17 earnings per share for the current fiscal year.

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.