Arista Networks, Inc. $ANET Stake Lessened by 1858 Wealth Management LLC

1858 Wealth Management LLC lessened its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 21.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,546 shares of the technology company’s stock after selling 4,780 shares during the quarter. Arista Networks comprises about 1.8% of 1858 Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. 1858 Wealth Management LLC’s holdings in Arista Networks were worth $2,557,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANET. Algert Global LLC bought a new stake in shares of Arista Networks in the 3rd quarter worth $401,000. Creative Planning boosted its stake in Arista Networks by 1.2% during the third quarter. Creative Planning now owns 876,976 shares of the technology company’s stock valued at $127,784,000 after buying an additional 10,492 shares in the last quarter. Ancora Advisors LLC grew its holdings in Arista Networks by 68.7% during the third quarter. Ancora Advisors LLC now owns 1,228 shares of the technology company’s stock worth $179,000 after acquiring an additional 500 shares during the period. Credit Agricole S A acquired a new position in Arista Networks during the third quarter worth about $11,676,000. Finally, Qtron Investments LLC raised its position in Arista Networks by 122.7% in 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. Institutional investors own 82.47% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on ANET. Rosenblatt Securities upped their price target on shares of Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. UBS Group set a $200.00 target price on shares of Arista Networks in a report on Tuesday, February 24th. Needham & Company LLC increased their target price on shares of Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Morgan Stanley restated an “overweight” rating and issued a $165.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Finally, Barclays reaffirmed an “overweight” rating and issued a $184.00 price target (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Arista Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $176.47.

Insider Activity

In other news, Director Kelly Bodnar Battles sold 422 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $128.06, for a total value of $54,041.32. Following the completion of the sale, the director owned 9,529 shares in the company, valued at $1,220,283.74. This represents a 4.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Yvonne Wassenaar sold 1,815 shares of Arista Networks stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $132.44, for a total value of $240,378.60. Following the transaction, the director owned 12,574 shares in the company, valued at $1,665,300.56. This represents a 12.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 196,237 shares of company stock valued at $25,865,760 in the last 90 days. Company insiders own 3.39% of the company’s stock.

Arista Networks Price Performance

Arista Networks stock opened at $133.67 on Friday. The firm’s 50 day simple moving average is $134.86 and its 200-day simple moving average is $137.32. The company has a market cap of $167.96 billion, a P/E ratio of 48.43, a price-to-earnings-growth ratio of 2.37 and a beta of 1.46. Arista Networks, Inc. has a fifty-two week low of $59.43 and a fifty-two week high of $164.94.

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

Key Headlines Impacting Arista Networks

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)

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.