Arista Networks, Inc. $ANET Shares Sold by Tema Etfs LLC

Tema Etfs LLC trimmed its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 31.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,168 shares of the technology company’s stock after selling 12,232 shares during the period. Tema Etfs LLC’s holdings in Arista Networks were worth $3,429,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Board of the Pension Protection Fund bought a new stake in shares of Arista Networks during the 4th quarter valued at about $26,000. AdvisorNet Financial Inc raised its stake in Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Knuff & Co LLC bought a new position in Arista Networks in the third quarter worth about $29,000. Richardson Financial Services Inc. lifted its holdings in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after acquiring an additional 130 shares during the last quarter. Finally, Quarry LP acquired a new position in Arista Networks in the third quarter valued at approximately $33,000. 82.47% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $140.43, for a total value of $1,123,440.00. Following the completion of the transaction, the director owned 9,784 shares of the company’s stock, valued at approximately $1,373,967.12. This represents a 44.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the transaction, the insider directly owned 12,976 shares in the company, valued at $1,740,600.64. This trade represents a 71.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 199,632 shares of company stock worth $26,936,324. 3.39% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ANET. UBS Group set a $200.00 price target on Arista Networks in a research report on Tuesday, February 24th. KeyCorp restated 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. Wells Fargo & Company upped their price objective on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a research report on Friday, March 27th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $165.00 target price on shares of Arista Networks in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.61.

Key Arista Networks News

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

• Positive Sentiment: Susquehanna initiated coverage with a Positive rating and a $160 price target, signaling Wall Street confidence in Arista’s positioning in AI networking and offering near-term upside from analyst re-ratings. Wall Street Backs Arista Networks as AI Data Center Play
• Positive Sentiment: Truist initiated coverage / upgraded Arista to Buy / Strong-Buy with ~30–35% upside and a ~$161 price target, citing stronger AI networking demand after the recent pullback — a direct catalyst for buying interest. Truist Initiates Arista Networks With 35% Upside
• Positive Sentiment: Company guidance was raised: Arista said stronger-than-expected AI infrastructure demand will lift 2026 revenue goals, with AI Center sales driving much of the incremental growth — fundamental support for higher forward revenue/earnings expectations. Arista Networks AI Outlook Lifts 2026 Goals But Concentration Risks Grow
• Neutral Sentiment: Industry catalysts (NVIDIA’s NVLink Fusion ecosystem expansion) were highlighted as potential tailwinds for networking vendors like Arista, supporting secular AI spend but not an immediate company-specific earnings driver. 5 Stocks That Win Big From NVIDIA’s NVLink Fusion AI Ecosystem Expansion
• Neutral Sentiment: Zacks notes margin expansion has moderated: Arista’s operating margin rose with AI scale gains, but rising costs and hyperscaler concentration raise questions about margin durability — a watch item for investors. ANET’s Margin Expansion Moderates
• Negative Sentiment: Management flagged customer concentration and deferred hardware revenue as risks that could affect how and when revenue is recognized — these factors increase execution risk despite stronger AI demand. Arista Networks AI Outlook Lifts 2026 Goals But Concentration Risks Grow

Arista Networks Trading Up 1.6%

Shares of NYSE:ANET opened at $124.79 on Thursday. The firm’s 50 day moving average is $135.07 and its two-hundred day moving average is $136.31. The firm has a market capitalization of $156.81 billion, a P/E ratio of 45.21, a PEG ratio of 2.17 and a beta of 1.48. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94.

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

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.