14,391 Shares in Arista Networks, Inc. $ANET Purchased by Empirical Asset Management LLC

Empirical Asset Management LLC purchased a new stake in Arista Networks, Inc. (NYSE:ANET) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,391 shares of the technology company’s stock, valued at approximately $2,097,000.

Other hedge funds also recently modified their holdings of the company. 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 valued at $25,000 after purchasing an additional 233 shares during the period. AdvisorNet Financial Inc boosted its stake in Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after buying an additional 72 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in Arista Networks by 141.3% in the 3rd quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after buying an additional 130 shares during the period. SJS Investment Consulting Inc. raised its stake in shares of Arista Networks by 979.2% in the 3rd 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 in the last quarter. Finally, Solstein Capital LLC lifted its holdings in shares of Arista Networks by 493.8% during the 2nd quarter. Solstein Capital LLC now owns 380 shares of the technology company’s stock worth $39,000 after acquiring an additional 316 shares during the period. Institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Performance

Shares of ANET stock opened at $128.63 on Wednesday. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94. The stock has a market capitalization of $161.63 billion, a PE ratio of 46.60, a PEG ratio of 2.26 and a beta of 1.42. The stock’s fifty day moving average is $133.98 and its 200-day moving average is $137.47.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $2.38 billion. During the same quarter in the prior year, the company earned $0.66 EPS. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. As a group, analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 9,784 shares in the company, valued at $1,373,967.12. The trade was a 44.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction on 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 directly owned 12,976 shares in the company, valued at approximately $1,848,301.44. This represents a 71.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 194,000 shares of company stock worth $25,566,700 over the last quarter. 3.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ANET has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Arista Networks in a research note on Monday, December 29th. Evercore reiterated an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a research note on Friday, February 13th. Needham & Company LLC increased their target price on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Morgan Stanley reaffirmed an “overweight” rating and issued a $165.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Finally, KeyCorp reiterated an “overweight” rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Seventeen investment 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $176.88.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista expanded a multi‑year collaboration with Meta Platforms and AMD to deliver networking for next‑generation AI workloads in Meta’s data centers — underscores direct customer wins and product alignment with hyperscaler AI builds. Arista Networks Deepens Meta AMD AI Ties As Networking Story Builds
• Positive Sentiment: Arista boosted its 2026 revenue outlook citing accelerating demand for AI‑focused Ethernet switching and share gains in ultra‑high‑speed data‑center networking — a direct fundamental catalyst for revenue and margin upside. Arista Networks Ups 2026 Outlook As AI Ethernet Growth Meets Valuation Gap
• Positive Sentiment: Goldman Sachs raised its price target on ANET to $188 (from $165) and kept a Buy rating — the upgrade provides analyst validation that supports further upside and could drive demand from institutional investors. Goldman Sachs Raises PT on Arista Networks, Inc. (ANET) Stock
• Positive Sentiment: Several investor pieces and screens (MSN/Zacks/Seeking/Fool/Kalkine) highlight Arista as a top AI‑infrastructure growth stock and a buy candidate — increased retail and quant interest can amplify momentum. Why Arista Networks (ANET) is a top growth stock for the long term
• Neutral Sentiment: Erste Group published FY2027 earnings forecasts for Arista — useful for modelling and valuation comparisons but not an immediate standalone catalyst. Erste Group Bank Forecasts Arista Networks FY2027 Earnings

Arista Networks 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.