Banco Bilbao Vizcaya Argentaria S.A. Buys 14,466 Shares of Arista Networks, Inc. $ANET

Banco Bilbao Vizcaya Argentaria S.A. raised its stake in Arista Networks, Inc. (NYSE:ANET) by 6.0% during the third quarter, HoldingsChannel reports. The fund owned 257,476 shares of the technology company’s stock after buying an additional 14,466 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Arista Networks were worth $37,477,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. California Public Employees Retirement System increased its holdings in shares of Arista Networks by 1.0% during the third quarter. California Public Employees Retirement System now owns 2,165,504 shares of the technology company’s stock valued at $315,536,000 after acquiring an additional 21,855 shares in the last quarter. Cantor Fitzgerald L. P. boosted its stake in Arista Networks by 139.3% in the 3rd quarter. Cantor Fitzgerald L. P. now owns 21,250 shares of the technology company’s stock worth $3,096,000 after purchasing an additional 12,370 shares in the last quarter. Chilton Investment Co. Inc. purchased a new stake in Arista Networks during the 3rd quarter valued at about $328,000. BNP Paribas grew its position in Arista Networks by 2.6% during the 3rd quarter. BNP Paribas now owns 37,686 shares of the technology company’s stock valued at $5,825,000 after purchasing an additional 941 shares during the last quarter. Finally, Arkos Global Advisors bought a new stake in Arista Networks during the 3rd quarter valued at about $232,000. 82.47% of the stock is currently owned by institutional investors.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista launched the XPO multi-source agreement and a 12.8 Tbps liquid‑cooled pluggable optics module that boosts rack density ~4x — this product is explicitly targeted at hyperscale AI data centers and could expand Arista’s addressable market and hardware ASPs. Arista Announces XPO High Density Liquid Cooled Pluggable Optics
• Positive Sentiment: CEO guidance and management commentary point to faster top‑line growth — management expects ~ $11B revenue in 2026 (vs ~$9B in 2025), reinforcing the AI-driven demand narrative. Arista (ANET) to Hit $11B in 2026 Revenues, $2B More Than 2025, Says CEO
• Positive Sentiment: Broker activity has turned constructive — TD Cowen initiated coverage with a Buy and $170 PT, and some outlets upgraded the stock citing accelerating AI networking demand and durable hyperscaler commitments. Those actions support upside vs. current levels. TD Cowen initiates Arista, Coherent and Ciena at buy
• Positive Sentiment: Independent upgrades highlight the stock’s breakout potential as valuation has contracted and FY2026 revenue is guided above ~25%, reinforcing the bullish case for longer-term multiple expansion if execution continues. Arista Networks: All Ready To Storm To New Highs (Upgrade)
• Neutral Sentiment: Technically, ANET is trading near its 50‑day moving average inside a base and is listed as an IBD Sector Leader — constructive technicals but not yet a confirmed breakout. Arista Holds Near Key Level As Outlook Brightens
• Negative Sentiment: Shares have pulled back and shown intraday weakness in recent sessions — short‑term volatility and profit‑taking are pressuring the stock despite positive headlines. Arista Networks (ANET) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Analysts note supply constraints and some gross‑margin pressure that could limit near‑term revenue upside despite strong bookings — a risk to quarterly cadence even as the multi‑year AI opportunity remains intact. Arista Networks: Why A Breakout Seems Likely (Rating Upgrade)

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Morgan Stanley reissued an “overweight” rating and set a $165.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Arista Networks in a report on Monday, December 29th. KeyCorp reaffirmed an “overweight” rating and issued a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, Piper Sandler reiterated an “overweight” rating and set a $175.00 target price (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Arista Networks has an average rating of “Moderate Buy” and an average price target of $176.47.

Insider Activity at Arista Networks

In other news, Director Yvonne Wassenaar sold 1,815 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $132.44, for a total transaction of $240,378.60. Following the transaction, the director directly owned 12,574 shares of the company’s stock, valued at $1,665,300.56. This represents a 12.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kelly Bodnar Battles sold 422 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $128.06, for a total value of $54,041.32. Following the completion of the transaction, the director owned 9,529 shares in the company, valued at approximately $1,220,283.74. This trade represents a 4.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 196,237 shares of company stock valued at $25,865,760 in the last quarter. 3.39% of the stock is currently owned by corporate insiders.

Arista Networks Stock Down 0.3%

Shares of NYSE ANET opened at $133.67 on Friday. The firm’s 50-day moving average price is $134.86 and its 200-day moving average price is $137.32. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $164.94. The company has a market cap of $167.96 billion, a PE ratio of 48.43, a PEG ratio of 2.37 and a beta of 1.46.

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