DNB Asset Management AS Cuts Holdings in Arista Networks, Inc. $ANET

DNB Asset Management AS decreased its position in Arista Networks, Inc. (NYSE:ANET) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 552,579 shares of the technology company’s stock after selling 9,631 shares during the period. DNB Asset Management AS’s holdings in Arista Networks were worth $72,404,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Applied Finance Capital Management LLC purchased a new position in Arista Networks in the fourth quarter valued at $802,000. Northwestern Mutual Investment Management Company LLC increased its holdings in Arista Networks by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 32,994 shares of the technology company’s stock valued at $4,323,000 after buying an additional 146 shares in the last quarter. Wakefield Asset Management LLLP increased its holdings in Arista Networks by 6.3% in the fourth quarter. Wakefield Asset Management LLLP now owns 2,634 shares of the technology company’s stock valued at $345,000 after buying an additional 155 shares in the last quarter. Phoenix Financial Ltd. increased its holdings in Arista Networks by 30.0% in the fourth quarter. Phoenix Financial Ltd. now owns 19,347 shares of the technology company’s stock valued at $2,534,000 after buying an additional 4,466 shares in the last quarter. Finally, AustralianSuper Pty Ltd increased its holdings in Arista Networks by 22.8% in the fourth quarter. AustralianSuper Pty Ltd now owns 684,003 shares of the technology company’s stock valued at $89,625,000 after buying an additional 126,904 shares in the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

ANET has been the topic of several research analyst reports. Piper Sandler reiterated an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Rosenblatt Securities lifted their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Evercore reiterated an “outperform” rating and issued a $200.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Raymond James Financial upgraded shares of Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price on the stock in a research report on Friday. Finally, 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. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $181.84.

Insider Transactions at Arista Networks

In related news, insider Kenneth Duda sold 32,000 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total transaction of $4,292,480.00. Following the transaction, the insider directly owned 12,976 shares in the company, valued at approximately $1,740,600.64. The trade was a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. The trade was a 7.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,502,729 shares of company stock worth $246,707,719 over the last 90 days. 3.39% of the stock is currently owned by company insiders.

Key Headlines 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?

Arista Networks Stock Down 3.9%

Shares of NYSE ANET opened at $141.98 on Friday. The company’s 50-day simple moving average is $144.57 and its 200-day simple moving average is $137.64. Arista Networks, Inc. has a 52-week low of $83.86 and a 52-week high of $179.80. The firm has a market cap of $178.78 billion, a price-to-earnings ratio of 48.62, a price-to-earnings-growth 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts anticipate 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.