SVB Wealth LLC Lowers Stake in Arista Networks, Inc. $ANET

SVB Wealth LLC cut its stake in Arista Networks, Inc. (NYSE:ANET) by 29.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,097 shares of the technology company’s stock after selling 4,979 shares during the quarter. SVB Wealth LLC’s holdings in Arista Networks were worth $1,585,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kepler Cheuvreux Suisse SA lifted its stake in Arista Networks by 9.4% in the 4th quarter. Kepler Cheuvreux Suisse SA now owns 13,700 shares of the technology company’s stock valued at $1,795,000 after buying an additional 1,179 shares in the last quarter. Drive Wealth Management LLC lifted its stake in Arista Networks by 17.8% in the 4th quarter. Drive Wealth Management LLC now owns 7,553 shares of the technology company’s stock valued at $990,000 after buying an additional 1,140 shares in the last quarter. Aubrey Capital Management Ltd lifted its stake in Arista Networks by 22.0% in the 4th quarter. Aubrey Capital Management Ltd now owns 28,300 shares of the technology company’s stock valued at $3,708,000 after buying an additional 5,100 shares in the last quarter. Dynamic Wealth Strategies LLC purchased a new position in Arista Networks in the 4th quarter valued at about $169,000. Finally, Income Insurance Ltd purchased a new position in Arista Networks in the 4th quarter valued at about $418,000. 82.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on ANET. UBS Group reaffirmed a “buy” rating and issued a $187.00 price target (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Arista Networks in a research note on Friday, May 1st. KeyCorp reaffirmed an “overweight” rating and issued a $178.00 price target (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Evercore reaffirmed an “outperform” rating and issued a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Finally, Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and a consensus price target of $182.83.

Arista Networks Trading Down 3.7%

ANET stock opened at $136.51 on Tuesday. The company has a market cap of $171.90 billion, a price-to-earnings ratio of 46.75, a PEG ratio of 2.24 and a beta of 1.67. Arista Networks, Inc. has a 12 month low of $83.86 and a 12 month high of $179.80. The firm has a 50-day moving average of $143.55 and a two-hundred day moving average of $137.77.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities analysts forecast that Arista Networks, Inc. will post 3.18 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Yvonne Wassenaar sold 1,395 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total transaction of $213,532.65. Following the completion of the sale, the director owned 9,784 shares in the company, valued at $1,497,636.88. This trade represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 that occurred on Tuesday, April 14th. The stock was sold at an average price of $155.02, for a total transaction of $1,378,127.80. Following the sale, the chief financial officer owned 60,734 shares of the company’s stock, valued at $9,414,984.68. This represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,502,729 shares of company stock worth $246,707,719 in the last 90 days. Corporate insiders own 3.54% of the company’s stock.

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.