Shell Asset Management Co. Sells 11,793 Shares of Arista Networks, Inc. $ANET

Shell Asset Management Co. reduced its position in shares of Arista Networks, Inc. (NYSE:ANET) by 58.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,399 shares of the technology company’s stock after selling 11,793 shares during the period. Shell Asset Management Co.’s holdings in Arista Networks were worth $1,224,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ANET. Norges Bank bought a new position in shares of Arista Networks during the second quarter valued at approximately $1,228,177,000. Massachusetts Financial Services Co. MA increased its position 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 purchasing an additional 5,525,828 shares during the period. Holocene Advisors LP bought a new position in Arista Networks in the 2nd quarter worth $247,451,000. Schroder Investment Management Group lifted its position in shares of Arista Networks by 14.8% in the 2nd quarter. Schroder Investment Management Group now owns 10,494,124 shares of the technology company’s stock worth $1,073,654,000 after purchasing an additional 1,350,593 shares during the period. Finally, Panagora Asset Management Inc. boosted its stake in shares of Arista Networks by 282.9% during the 2nd quarter. Panagora Asset Management Inc. now owns 1,549,486 shares of the technology company’s stock valued at $158,528,000 after purchasing an additional 1,144,786 shares in the last quarter. Hedge funds and other institutional investors 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: Reported stronger-than-expected Q4 results: EPS $0.82 vs. $0.75 est., revenue $2.49B (+28.9% YoY) and record net income; company raised AI revenue targets and issued revenue guidance above Street estimates, supporting the AI-driven growth narrative. Read More.
• Positive Sentiment: Analysts are lifting price targets and turning more bullish (Wells Fargo, Needham, Rosenblatt among those raising targets/ratings), giving additional analyst-driven momentum to the stock. Read More.
• Positive Sentiment: Market views Arista as outperforming peers (notably Cisco) by managing supply-chain pressures and capturing hyperscaler AI capex, which supports margin resilience and share gains. Read More.
• Neutral Sentiment: Management said Arista is diversifying accelerator support: deployments that were ~99% Nvidia a year ago now include ~20–25% AMD — a strategic shift that increases customer options but alters vendor dynamics. Traders note this may be weighing on GPU vendor stocks while benefiting Arista’s flexibility. Read More.
• Neutral Sentiment: Unusually high options activity is signaling elevated trader interest/positioning ahead of and after earnings. Read More.
• Negative Sentiment: Valuation is rich (ANET trades at a high P/E), and some commentary asks whether the recent run (one-year gains) leaves less margin for error if growth slows. This could temper longer-term upside. Read More.
• Negative Sentiment: Rising component/memory costs are a sector-wide headwind; management says it’s mitigating impacts via purchase commitments, but cost pressure remains a watch item for margins. Read More.

Arista Networks Trading Up 4.7%

Shares of NYSE:ANET opened at $141.46 on Monday. The stock has a fifty day simple moving average of $133.05 and a two-hundred day simple moving average of $137.10. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $164.94. The stock has a market capitalization of $178.13 billion, a price-to-earnings ratio of 51.25, a PEG ratio of 2.39 and a beta of 1.42.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.07. The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The company’s revenue was up 28.9% on a year-over-year basis. During the same period last year, the company earned $0.66 earnings per share. As a group, equities research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Rosenblatt Securities increased their price target on shares of Arista Networks from $140.00 to $165.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Needham & Company LLC increased their target price on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday. The Goldman Sachs Group restated a “buy” rating and issued a $188.00 target price (up previously from $165.00) on shares of Arista Networks in a research note on Friday. UBS Group reaffirmed a “buy” rating and issued a $177.00 price target on shares of Arista Networks in a research note on Friday. Finally, Erste Group Bank downgraded Arista Networks from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $175.41.

Insider Activity

In related news, CEO Jayshree Ullal sold 24,042 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $124.55, for a total transaction of $2,994,431.10. Following the completion of the sale, the chief executive officer owned 9,917 shares of the company’s stock, valued at $1,235,162.35. This trade represents a 70.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kelly Bodnar Battles sold 422 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $117.15, for a total value of $49,437.30. Following the completion of the transaction, the director directly owned 8,980 shares in the company, valued at $1,052,007. This trade represents a 4.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 160,464 shares of company stock valued at $20,351,388 over the last ninety days. 3.54% of the stock is currently owned by corporate insiders.

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.