Nordea Investment Management AB Sells 2,161,422 Shares of Arista Networks, Inc. $ANET

Nordea Investment Management AB reduced its stake in Arista Networks, Inc. (NYSE:ANET) by 35.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,021,514 shares of the technology company’s stock after selling 2,161,422 shares during the period. Nordea Investment Management AB owned 0.32% of Arista Networks worth $532,006,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Bare Financial Services Inc increased its position in Arista Networks by 2,118.2% in the 2nd quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock valued at $25,000 after buying an additional 233 shares in the last quarter. Board of the Pension Protection Fund bought a new position in Arista Networks in the fourth quarter worth approximately $26,000. AdvisorNet Financial Inc boosted its holdings in Arista Networks by 56.7% in the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after acquiring an additional 72 shares in the last quarter. Knuff & Co LLC acquired a new stake in Arista Networks in the third quarter valued at approximately $29,000. Finally, Richardson Financial Services Inc. grew its stake in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Trending Headlines about 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. KeyCorp reaffirmed an “overweight” rating and set a $178.00 target price (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. UBS Group set a $200.00 price target on shares of Arista Networks in a research report on Tuesday, February 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Arista Networks in a report on Monday, December 29th. Needham & Company LLC raised their price objective 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. Finally, Morgan Stanley reiterated an “overweight” rating and set a $165.00 price objective 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 given a Hold rating to the stock. According to MarketBeat, Arista Networks has an average rating of “Moderate Buy” and a consensus target price of $176.47.

Insider Activity at Arista Networks

In other Arista Networks news, Director Yvonne Wassenaar sold 1,815 shares of the company’s stock in a transaction dated 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the completion of the sale, the director owned 9,784 shares of the company’s stock, valued at approximately $1,373,967.12. This trade represents a 44.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 199,632 shares of company stock valued at $26,936,324 over the last ninety days. Corporate insiders own 3.39% of the company’s stock.

Arista Networks Stock Down 3.8%

ANET stock opened at $131.05 on Friday. The firm has a market capitalization of $164.67 billion, a PE ratio of 47.48, a P/E/G ratio of 2.32 and a beta of 1.46. Arista Networks, Inc. has a twelve month low of $59.43 and a twelve month high of $164.94. The stock’s 50 day moving average is $135.36 and its 200-day moving average is $137.27.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.07. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.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 company posted $0.66 earnings per share. Arista Networks’s revenue was up 28.9% compared to the same quarter last year. On average, equities research analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

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.