Eastern Bank Increases Position in Arista Networks, Inc. $ANET

Eastern Bank lifted its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 279,338 shares of the technology company’s stock after buying an additional 23,094 shares during the period. Eastern Bank’s holdings in Arista Networks were worth $36,602,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Trust Asset Management LLC grew its position in Arista Networks by 33.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 19,273 shares of the technology company’s stock valued at $2,808,000 after buying an additional 4,780 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in Arista Networks during the 3rd quarter worth $8,263,000. National Wealth Management Group LLC acquired a new stake in shares of Arista Networks in the 3rd quarter worth $1,296,000. Holocene Advisors LP acquired a new stake in shares of Arista Networks in the 2nd quarter worth $247,451,000. Finally, Three Seasons Wealth LLC purchased a new stake in shares of Arista Networks in the third quarter valued at about $2,483,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Down 1.3%

Shares of NYSE ANET opened at $120.96 on Friday. The stock has a market capitalization of $151.99 billion, a price-to-earnings ratio of 43.83, a price-to-earnings-growth ratio of 2.14 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. The firm has a 50-day moving average price of $135.49 and a 200 day moving average price of $136.87.

Arista Networks (NYSE:ANET) last issued its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share 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 company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. During the same period in the prior year, the business posted $0.66 earnings per share. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. Equities research analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

More Arista Networks News

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

• Positive Sentiment: Erste Group raised FY2026 and FY2027 EPS forecasts for Arista, a modest lift to forward earnings expectations that supports longer‑term growth assumptions. Erste Group raises EPS estimates (MarketBeat)
• Positive Sentiment: The Motley Fool argues Arista is “quietly winning the AI race,” highlighting Arista’s strength in high‑performance networking for large data centers — a structural tailwind as AI infrastructure spending grows. The 1 Reason Arista Networks Is Quietly Winning the AI Race in 2026
• Neutral Sentiment: Zacks highlights Arista as a “strong growth stock” using style scores, which may attract growth‑oriented investors but is not new fundamental news. Here’s Why Arista Networks (ANET) is a Strong Growth Stock
• Neutral Sentiment: Zacks also flags ANET as a trending/most‑searched stock, signaling heightened retail/institutional attention that can increase short‑term volatility without changing fundamentals. Arista Networks, Inc. (ANET) Is a Trending Stock
• Neutral Sentiment: Analyses assessing Arista’s valuation note mixed near‑term returns versus strong multi‑year shareholder gains — a reminder valuation could cap upside after a big run. Assessing Arista Networks (ANET) Valuation
• Negative Sentiment: Coverage on Nvidia’s networking unit shows NVDA scaling into high‑speed interconnects for AI — a competitive dynamic that could pressure Arista on pricing and market share in GPU‑dense data centers. Is NVDA’s Networking Unit Becoming a Core Growth Engine?

Insider Transactions at Arista Networks

In related news, Director Yvonne Wassenaar sold 1,395 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $134.34, for a total value of $187,404.30. Following the sale, the director directly owned 11,179 shares of the company’s stock, valued at approximately $1,501,786.86. This represents a 11.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $128.67, for a total transaction of $1,029,360.00. Following the transaction, the director owned 1,784 shares of the company’s stock, valued at $229,547.28. This trade represents a 81.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 199,632 shares of company stock valued at $26,936,324 in the last three months. 3.39% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ANET has been the topic of a number of recent analyst reports. Piper Sandler reiterated an “overweight” rating and set a $175.00 price target (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. UBS Group set a $200.00 target price on Arista Networks in a research report on Tuesday, February 24th. Wells Fargo & Company increased their target price on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Arista Networks in a report on Monday, December 29th. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.