Arista Networks, Inc. $ANET Shares Sold by Donoghue Forlines LLC

Donoghue Forlines LLC cut its stake in Arista Networks, Inc. (NYSE:ANET) by 85.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,062 shares of the technology company’s stock after selling 12,377 shares during the period. Donoghue Forlines LLC’s holdings in Arista Networks were worth $270,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ANET. Board of the Pension Protection Fund acquired a new stake in shares of Arista Networks in the fourth quarter worth approximately $26,000. Knuff & Co LLC acquired a new stake in shares of Arista Networks in the third quarter worth approximately $29,000. Ameliora Wealth Management Ltd. acquired a new stake in shares of Arista Networks in the fourth quarter worth approximately $30,000. Richardson Financial Services Inc. boosted its position in shares of Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after acquiring an additional 130 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Arista Networks in the third quarter worth approximately $33,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ANET has been the topic of several research analyst reports. Rosenblatt Securities raised their target price on shares of Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group reissued a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Citigroup cut their price target on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Finally, Truist Financial set a $175.00 price target on shares of Arista Networks in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $181.84.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Reuters-based 13-F filings show institutional investors added to or started positions in major AI infrastructure names, including Arista Networks, signaling continued professional buying interest in the company’s long-term AI networking story. Institutional investors boosted holdings of AI infrastructure plays during first quarter
• Positive Sentiment: Raymond James upgraded Arista to Outperform, citing share gains in AI-backend and campus networking, plus demand from major customers such as Meta Platforms and Microsoft. Arista upgraded to outperform as it gains share in AI-backend and campus: Raymond James
• Positive Sentiment: Truist said Arista’s post-earnings pullback may be an attractive buying opportunity, keeping the name on bullish watch lists as investors weigh strong underlying demand against near-term volatility. Truist Views Arista Networks (ANET)’s Post-Q1 Sell-Off As An Attractive Buying Opportunity
• Neutral Sentiment: Several recent articles compare Arista with other AI-related stocks and question whether the rally has already priced in much of the upside, which may be adding to investor caution after a strong multi-year run. Is It Too Late To Consider Arista Networks (ANET) After Strong Multi Year Share Gains?
• Neutral Sentiment: Other coverage notes Arista’s AI demand remains strong, but supply-chain constraints and margin pressure could limit near-term upside even as revenue guidance stays solid. AI-Fueled Demand Amid Supply Strains Might Change The Case For Investing In Arista Networks (ANET)
• Negative Sentiment: One analyst-style comparison argued Jabil looks stronger than Arista on valuation and AI data-center exposure, reflecting some relative-value skepticism toward ANET. Arista vs. Jabil: Which AI-Driven Tech Stock Looks Stronger Now?

Insider Activity at Arista Networks

In other news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $163.31, for a total transaction of $5,225,920.00. Following the sale, the insider owned 12,976 shares in the company, valued at $2,119,110.56. This trade represents a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 1,395 shares of Arista Networks 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 sale, the director owned 9,784 shares in the company, valued at $1,497,636.88. This represents a 12.48% 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. Over the last three months, insiders have sold 1,502,729 shares of company stock valued at $246,707,719. 3.39% of the stock is currently owned by corporate insiders.

Arista Networks Stock Performance

NYSE ANET opened at $141.98 on Friday. Arista Networks, Inc. has a one year low of $83.86 and a one year high of $179.80. The company’s 50 day moving average price is $144.57 and its 200 day moving average price is $137.64. The firm has a market capitalization of $178.78 billion, a price-to-earnings ratio of 48.62, a PEG ratio of 2.28 and a beta of 1.67.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter last year, the firm posted $0.65 earnings per share. Arista Networks’s revenue for the quarter was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts forecast that Arista Networks, Inc. will post 3.26 EPS for the current fiscal year.

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.