Arista Networks (NYSE:ANET) Director Sells $187,404.30 in Stock

Arista Networks, Inc. (NYSE:ANET) Director Yvonne Wassenaar sold 1,395 shares of Arista Networks stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $134.34, for a total value of $187,404.30. Following the transaction, the director directly owned 11,179 shares in the company, valued at approximately $1,501,786.86. The trade was a 11.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, February 25th, Yvonne Wassenaar sold 1,815 shares of Arista Networks stock. The stock was sold at an average price of $132.44, for a total value of $240,378.60.

Arista Networks Trading Down 3.8%

Shares of NYSE:ANET opened at $131.05 on Friday. The stock’s fifty day simple moving average is $135.36 and its two-hundred day simple moving average is $137.26. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94. The stock has a market cap of $164.67 billion, a PE ratio of 47.48, a price-to-earnings-growth ratio of 2.41 and a beta of 1.46.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 earnings per share (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 firm had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same period in the previous year, the firm earned $0.66 EPS. The business’s revenue for the quarter was up 28.9% compared to the same quarter last year. On average, sell-side analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Arista Networks

Several hedge funds have recently made changes to their positions in ANET. Norges Bank purchased a new stake in Arista Networks during the 2nd quarter worth about $1,228,177,000. Massachusetts Financial Services Co. MA grew its holdings in Arista Networks by 2,829.0% during 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 buying an additional 5,525,828 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Arista Networks by 82.5% during 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 buying an additional 4,332,659 shares in the last quarter. M&T Bank Corp increased its position in shares of Arista Networks by 3,182.7% during 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 buying an additional 3,890,146 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Arista Networks by 59.3% during the fourth quarter. Franklin Resources Inc. now owns 7,878,360 shares of the technology company’s stock valued at $1,032,302,000 after buying an additional 2,934,098 shares during the period. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on ANET shares. Piper Sandler reissued an “overweight” rating and set a $175.00 target price (up from $159.00) on shares of Arista Networks in a research report on Friday, February 13th. Needham & Company LLC upped their target price on Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a report on Friday, February 13th. TD Cowen started coverage on Arista Networks in a research report on Thursday, March 12th. They set a “buy” rating and a $170.00 price target for the company. Barclays reissued an “overweight” rating and issued a $184.00 price objective (up from $183.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, Wells Fargo & Company upped their price objective on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arista Networks has an average rating of “Moderate Buy” and an average price target of $176.47.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Broker bullishness: Evercore reiterated an Outperform and a $200 target after AI infrastructure announcements; Goldman Sachs has also stayed positive with an elevated target — these analyst calls support upside expectations for ANET. Read More.
• Positive Sentiment: Media/momentum tailwinds: Jim Cramer coverage and repeated positive write-ups have helped lift investor sentiment; ANET has shown notable share gains since those endorsements, reinforcing retail/institutional interest. Read More.
• Positive Sentiment: Analyst consensus and targets remain above current levels (consensus target ~ $176+), indicating upside from current prices if growth and AI-networking demand continue. Read More.
• Neutral Sentiment: Peer comparison: Coverage comparing Arista to Broadcom frames ANET as an AI networking leader but highlights trade-offs versus larger incumbents — useful context for longer-term allocation decisions but not an immediate catalyst. Read More.
• Neutral Sentiment: Analyst activity and company profile coverage (MarketBeat summaries) reinforce a “moderate buy” consensus and reiterate Arista’s strong fundamentals and AI/data‑center positioning — supportive background but not a fresh catalyst. Read More.
• Negative Sentiment: Insider selling — CTO Kenneth Duda reported large sales (26k and 32k shares at ~ $134), reducing his position materially; sizable insider disposals can pressure sentiment short-term even if company fundamentals remain intact. Read More.
• Negative Sentiment: Director sale — Director Yvonne Wassenaar sold 1,395 shares, a smaller but visible insider sale disclosed to the SEC; additional insider sales add to near-term bearish signals. Read More.

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.