Marietta Wealth Management LLC Acquires 4,757 Shares of Arista Networks, Inc. $ANET

Marietta Wealth Management LLC raised its holdings in Arista Networks, Inc. (NYSE:ANET) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,321 shares of the technology company’s stock after purchasing an additional 4,757 shares during the quarter. Marietta Wealth Management LLC’s holdings in Arista Networks were worth $3,711,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Arista Networks by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 100,000,830 shares of the technology company’s stock valued at $14,571,121,000 after purchasing an additional 1,007,730 shares during the last quarter. State Street Corp raised its position in Arista Networks by 0.5% in the 3rd quarter. State Street Corp now owns 46,342,551 shares of the technology company’s stock valued at $6,752,573,000 after purchasing an additional 245,976 shares during the last quarter. Invesco Ltd. boosted its position in Arista Networks by 1.8% in the 3rd quarter. Invesco Ltd. now owns 10,094,255 shares of the technology company’s stock valued at $1,470,834,000 after buying an additional 181,813 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Arista Networks by 82.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after buying an additional 4,332,659 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in Arista Networks by 2,829.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock valued at $833,630,000 after buying an additional 5,525,828 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Arista said its AI networking market assumptions were raised substantially (management/analyst coverage is doubling the AI networking target), reinforcing a bigger TAM tied to AI datacenter spend and helping justify higher forward multiples. Arista Doubles AI Networking Target As Valuation And Momentum Diverge
• Positive Sentiment: Analyst and buy‑side commentary argues heavy capex demand for AI networking keeps ANET’s premium valuation warranted; Seeking Alpha reiterates a Buy thesis and flags Q1 (May 5) as a potential beat‑and‑raise catalyst. Arista: Heavy CapEx Demand Keeps Justifying This Stock’s Premium
• Positive Sentiment: Institutional flow data shows strong accumulation over time (large outlier inflows since 2015), signaling sustained investor appetite and helping drive momentum and higher volume into the name. See How Institutions Boost Arista Networks
• Positive Sentiment: Multiple media/retail pieces are positioning ANET as a top momentum/AI beneficiary, which attracts retail/trading flows and can amplify near‑term upside ahead of earnings. Are You Looking for a Top Momentum Pick? Why Arista Networks (ANET) is a Great Choice
• Neutral Sentiment: Coverage noting analyst price‑target lifts and “overweight”/“strong buy” consensus supports sentiment but also reflects already elevated expectations — good for momentum, less informative on surprise risk. MarketBeat Arista coverage and analyst targets
• Negative Sentiment: Insider selling: CEO Jayshree Ullal sold 350,000 shares (~$55.8M) at ~\$159 each under a 10b5‑1 plan; large, pre‑arranged sales can still dent sentiment despite being planned transactions. Jayshree Ullal Sells 350,000 Shares of Arista Networks (NYSE:ANET) Stock
• Negative Sentiment: Additional insider selling: EVP Kenneth Duda executed multi‑lot sales (26k and 32k shares) at ~\$163, reducing holdings materially in disclosed filings — another near‑term headwind for sentiment. SEC filing for Kenneth Duda insider sales

Insiders Place Their Bets

In other Arista Networks news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $142.44, for a total value of $4,558,080.00. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at $1,848,301.44. This trade represents a 71.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of Arista Networks stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total value of $1,378,127.80. Following the completion of the sale, the chief financial officer directly owned 60,734 shares in the company, valued at $9,414,984.68. This represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 980,868 shares of company stock worth $154,661,490. Corporate insiders own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on ANET shares. Needham & Company LLC increased their price objective on Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Rosenblatt Securities upgraded Arista Networks from a “neutral” rating to a “buy” rating and increased their price objective for the company from $165.00 to $180.00 in a research report on Tuesday, April 7th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, April 14th. JPMorgan Chase & Co. increased their price objective on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Finally, TD Cowen started coverage on Arista Networks in a research report on Thursday, March 12th. They issued a “buy” rating and a $170.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $177.83.

Arista Networks Trading Up 2.9%

ANET stock opened at $177.89 on Thursday. The business’s 50-day moving average price is $138.03 and its two-hundred day moving average price is $136.88. The firm has a market cap of $223.99 billion, a PE ratio of 64.45, a P/E/G ratio of 3.04 and a beta of 1.48. Arista Networks, Inc. has a 1-year low of $70.36 and a 1-year high of $178.48.

Arista Networks (NYSE:ANET) last posted its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.07. The firm had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The company’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 earnings per share. On average, analysts forecast that Arista Networks, Inc. will post 3.17 earnings per share 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.