Arista Networks, Inc. $ANET Shares Sold by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP reduced its position in Arista Networks, Inc. (NYSE:ANET) by 2.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 693,427 shares of the technology company’s stock after selling 15,446 shares during the period. Arista Networks comprises 0.3% of Hudson Bay Capital Management LP’s investment portfolio, making the stock its 16th biggest position. Hudson Bay Capital Management LP’s holdings in Arista Networks were worth $101,039,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ANET. Global Trust Asset Management LLC boosted its position in shares of 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 worth $2,808,000 after buying an additional 4,780 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in Arista Networks in the 3rd quarter valued at about $8,263,000. National Wealth Management Group LLC purchased a new position in Arista Networks during the 3rd quarter valued at about $1,296,000. Holocene Advisors LP acquired a new position in Arista Networks during the second quarter worth about $247,451,000. Finally, Three Seasons Wealth LLC acquired a new position in Arista Networks during the third quarter worth about $2,483,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on ANET shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $188.00 price target (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Morgan Stanley restated an “overweight” rating and set a $165.00 price objective on shares of Arista Networks in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a research note on Monday, December 29th. Rosenblatt Securities increased their target price on Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Finally, Wells Fargo & Company raised their price target on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $176.47.

Insiders Place Their Bets

In other news, insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $142.44, for a total transaction of $4,558,080.00. Following the sale, the insider owned 12,976 shares in the company, valued at $1,848,301.44. This trade represents a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 completion of the sale, the director directly owned 12,574 shares of the company’s stock, valued at approximately $1,665,300.56. This represents a 12.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 141,632 shares of company stock worth $19,156,204. 3.39% of the stock is owned by company insiders.

Arista Networks Price Performance

NYSE:ANET opened at $136.15 on Thursday. The firm has a 50 day simple moving average of $134.95 and a 200-day simple moving average of $137.31. The firm has a market cap of $171.08 billion, a PE ratio of 49.33, a P/E/G ratio of 2.36 and a beta of 1.46. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94.

Arista Networks (NYSE:ANET) last announced its earnings results 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. The firm had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. Arista Networks’s revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 earnings per share. As a group, sell-side analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Announced a new high‑capacity optics module (XPO) capable of multi‑Tbps throughput—strengthens Arista’s product roadmap for hyperscale AI networking and supports future revenue from AI data centers. Arista Networks (ANET) Announces Agreement For New Optics Module
• Positive Sentiment: Industry commentary highlights Arista as a core player in the “fabric” that ties large AI clusters together—narrative reinforces durable demand for switching/telemetry products among cloud and AI customers. Arista Networks Is Powering The Fabric That Powers AI
• Positive Sentiment: Third‑party investor signals and media attention (including long‑running bullish mentions) keep Arista in AI‑infrastructure conversations—helps attract momentum investors and funds targeting AI plays. Jim Cramer Was Bullish On Arista (ANET) In February 2025 – Stock Is Up By 37%+ Since Then
• Neutral Sentiment: Market recaps note ANET outperformed while the broader market dipped—coverage attributes the move to Arista’s AI exposure and recent earnings beat, reinforcing the same bullish catalysts rather than adding new ones. Why the Market Dipped But Arista Networks (ANET) Gained Today
• Neutral Sentiment: Analyst/industry pieces (TD Cowen, Trefis) frame Arista within a broader AI‑infrastructure trade—positive for sector sentiment, but actual upside depends on hyperscaler spend and wins vs. peers. 2 AI Infrastructure Stocks TD Cowen Thinks Investors Should Own
• Neutral Sentiment: Comparative analyst writeups (Celestica vs Arista) highlight differing growth drivers and risks; useful for relative valuation/positioning but not an immediate stock catalyst. Celestica vs. Arista: Which AI Infrastructure Stock is a Better Buy?
• Negative Sentiment: Valuation and volatility remain risks—ANET trades at a high P/E and has above‑market beta, so positive news may already be priced in and downside could be sharp if AI capex slows.

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.