NORTHSTAR ASSET MANAGEMENT Co Sells 4,830 Shares of Arista Networks, Inc. $ANET

NORTHSTAR ASSET MANAGEMENT Co decreased its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 9.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,415 shares of the technology company’s stock after selling 4,830 shares during the quarter. Arista Networks makes up about 1.4% of NORTHSTAR ASSET MANAGEMENT Co’s investment portfolio, making the stock its 14th biggest holding. NORTHSTAR ASSET MANAGEMENT Co’s holdings in Arista Networks were worth $6,617,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bare Financial Services Inc boosted its stake in shares of Arista Networks by 2,118.2% during the 2nd quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock worth $25,000 after buying an additional 233 shares during the last quarter. AdvisorNet Financial Inc increased its position in shares of Arista Networks by 56.7% in the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. REAP Financial Group LLC raised its holdings in Arista Networks by 108.0% during the second quarter. REAP Financial Group LLC now owns 337 shares of the technology company’s stock worth $34,000 after acquiring an additional 175 shares in the last quarter. eCIO Inc. acquired a new position in Arista Networks during the first quarter valued at approximately $36,000. Finally, SJS Investment Consulting Inc. grew its stake in Arista Networks by 979.2% in the third quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company’s stock valued at $38,000 after purchasing an additional 235 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks News Roundup

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

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 24,042 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $124.55, for a total value of $2,994,431.10. Following the completion of the transaction, the chief executive officer owned 9,917 shares of the company’s stock, valued at $1,235,162.35. The trade was a 70.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kelly Bodnar Battles sold 422 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $117.15, for a total transaction of $49,437.30. Following the sale, the director directly owned 8,980 shares of the company’s stock, valued at $1,052,007. This represents a 4.49% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 216,464 shares of company stock valued at $28,488,988. 3.54% of the stock is owned by insiders.

Arista Networks Trading Down 3.3%

Shares of ANET opened at $132.63 on Wednesday. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $164.94. The firm’s 50 day moving average is $132.45 and its 200-day moving average is $131.50. The stock has a market capitalization of $167.02 billion, a PE ratio of 50.43, a P/E/G ratio of 2.31 and a beta of 1.41.

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ANET shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a research report on Monday, December 29th. Erste Group Bank downgraded shares of Arista Networks from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Citigroup increased their price target on shares of Arista Networks from $136.00 to $176.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Rosenblatt Securities reissued a “neutral” rating and issued a $140.00 price objective on shares of Arista Networks in a research report on Monday, November 24th. Finally, BNP Paribas raised shares of Arista Networks from a “hold” rating to an “outperform” rating in a report on Thursday, September 25th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $164.44.

Arista Networks 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.