Erste Asset Management GmbH Has $45.07 Million Stock Position in Arista Networks, Inc. $ANET

Erste Asset Management GmbH lifted its position in Arista Networks, Inc. (NYSE:ANET) by 45.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 314,340 shares of the technology company’s stock after acquiring an additional 98,731 shares during the period. Erste Asset Management GmbH’s holdings in Arista Networks were worth $45,066,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bare Financial Services Inc raised its stake in Arista Networks by 2,118.2% during the 2nd quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock valued at $25,000 after purchasing an additional 233 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Richardson Financial Services Inc. raised its position in Arista Networks by 141.3% during the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after buying an additional 130 shares during the period. SJS Investment Consulting Inc. lifted its stake in Arista Networks by 979.2% in the 3rd quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company’s stock worth $38,000 after acquiring an additional 235 shares in the last quarter. Finally, Guerra Advisors Inc purchased a new stake in Arista Networks in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insiders Place Their Bets

In other news, Director Kelly Bodnar Battles sold 422 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $128.06, for a total transaction of $54,041.32. Following the completion of the sale, the director owned 9,529 shares in the company, valued at approximately $1,220,283.74. This represents a 4.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 value of $1,123,440.00. Following the transaction, the director directly owned 9,784 shares in the company, valued at approximately $1,373,967.12. This represents a 44.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 194,422 shares of company stock valued at $25,620,741 over the last quarter. Insiders own 3.39% of the company’s stock.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista 2.0 strategy gaining traction — company hit a 150M port milestone and is pushing AI-focused, SaaS/cloud networking products that position it to capture AI datacenter spending. This is the main bullish operational narrative investors are buying. Arista 2.0 Strategy Picks Up Steam
• Positive Sentiment: Street attention to AI exposure — media and some analysts call Arista an underrated AI/infra play, which can attract rotation interest into ANET if AI capex remains strong. 1 Underrated AI Stock to Buy
• Neutral Sentiment: Management presented at Bernstein Insights — useful for messaging and investor Q&A but no new financials; helps clarity on roadmap rather than immediate re-rate. Arista Presents at Bernstein Insights
• Neutral Sentiment: Sector context: peers like Ciena are also citing AI-driven demand and large backlogs — a supportive industry backdrop that can help Arista’s growth story but isn’t company-specific proof. Ciena to Report Q1 Earnings
• Negative Sentiment: Insider selling: Director Kelly Bodnar Battles sold 422 shares (~$54k) recently — a small position reduction but still a visible insider sale that can be cited by short-term traders. Director Sells 422 Shares
• Negative Sentiment: Technical/valuation friction: ANET is trading below its recent moving averages on lighter volume and carries a high multiple (PE ~47). Those factors can magnify downside on profit-taking or if AI capex commentary disappoints. ANET Stock Summary & Metrics

Arista Networks Stock Down 2.0%

ANET stock opened at $130.23 on Friday. The firm has a 50 day moving average of $134.31 and a two-hundred day moving average of $137.39. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $164.94. The company has a market capitalization of $163.64 billion, a price-to-earnings ratio of 47.18, a P/E/G ratio of 2.36 and a beta of 1.42.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.07. The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.66 EPS. On average, research analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ANET shares. Wells Fargo & Company lifted their target price on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. KeyCorp reaffirmed an “overweight” rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. The Goldman Sachs Group reiterated 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. Evercore reissued an “outperform” rating and set a $200.00 target price on shares of Arista Networks in a research note on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a research note on Monday, December 29th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $176.88.

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.