Arista Networks, Inc. $ANET Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lowered its holdings in Arista Networks, Inc. (NYSE:ANET) by 7.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,772 shares of the technology company’s stock after selling 3,981 shares during the period. Securian Asset Management Inc.’s holdings in Arista Networks were worth $7,252,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ANET. Brighton Jones LLC boosted its position in Arista Networks by 321.7% during the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after purchasing an additional 5,955 shares during the period. Revolve Wealth Partners LLC bought a new stake in Arista Networks in the fourth quarter valued at $202,000. Bison Wealth LLC bought a new stake in Arista Networks in the fourth quarter valued at $251,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Arista Networks by 7.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 155,780 shares of the technology company’s stock valued at $12,071,000 after acquiring an additional 11,317 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Arista Networks during the first quarter worth about $543,000. 82.47% of the stock is owned by institutional investors.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Piper Sandler upgraded ANET to Overweight and raised its price target (cited belief that Arista is holding share in a 2026 enterprise refresh cycle), a near-term catalyst for buying interest and higher analyst conviction. Piper Sandler upgrades Arista Networks (ANET)
• Positive Sentiment: Coverage and analyst revisions highlight ANET as a beneficiary of AI-driven data-center upgrades and networking demand, supporting revenue/earnings estimate upgrades and investor conviction. Arista Networks: Networking Demand Keeps Surprising to the Upside
• Neutral Sentiment: A longer-form valuation/market piece reviews Arista’s positioning in AI infrastructure and the multiple expansion narrative — useful context for investors but not an immediate price catalyst on its own. Assessing Arista Networks (ANET) Valuation As AI Infrastructure Wins And Analyst Upgrades Support Growth
• Neutral Sentiment: Analyst commentary (Zacks) notes Arista’s accelerating AI-focused product roadmap and software-led strategy, but flags margin pressure and customer-concentration risks — balanced factors that could limit near-term upside if execution or pricing softens. Can ANET’s AI-Focused Portfolio Help Stoke Growth for the Stock?
• Negative Sentiment: Insider selling: Director Charles H. Giancarlo sold 8,000 shares (~31% reduction in his holdings) at ~\$133.79, a bearish signal to some investors even though insider sales can be for personal reasons. Insider sale by Charles H. Giancarlo

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ANET shares. Needham & Company LLC boosted their target price on shares of Arista Networks from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. JPMorgan Chase & Co. increased their price objective on Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Citigroup raised their target price on Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research report on Friday, September 12th. BNP Paribas Exane upgraded Arista Networks from a “neutral” rating to an “outperform” rating and set a $172.00 price target for the company in a research report on Thursday, September 25th. Finally, BNP Paribas raised Arista Networks from a “hold” rating to an “outperform” rating in a report on Thursday, September 25th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $164.44.

Arista Networks Stock Performance

Shares of NYSE ANET opened at $132.63 on Wednesday. Arista Networks, Inc. has a 1 year low of $59.43 and a 1 year high of $164.94. The firm has a market cap of $167.02 billion, a P/E ratio of 50.43, a PEG ratio of 2.31 and a beta of 1.41. The stock has a fifty day moving average price of $132.45 and a two-hundred day moving average price of $131.50.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. Arista Networks had a return on equity of 30.28% and a net margin of 39.73%.The company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the business earned $2.40 EPS. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. On average, research analysts predict that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

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 directly owned 9,917 shares in the company, valued at approximately $1,235,162.35. This trade represents a 70.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Kenneth Duda sold 30,000 shares of Arista Networks stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $123.16, for a total transaction of $3,694,800.00. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at approximately $1,598,124.16. This trade represents a 69.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 216,464 shares of company stock worth $28,488,988. Corporate insiders own 3.54% of the company’s stock.

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.