NewEdge Wealth LLC Boosts Holdings in Arista Networks, Inc. $ANET

NewEdge Wealth LLC increased its position in Arista Networks, Inc. (NYSE:ANET) by 9.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,332 shares of the technology company’s stock after purchasing an additional 4,469 shares during the period. NewEdge Wealth LLC’s holdings in Arista Networks were worth $7,068,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Arista Networks in the second quarter worth approximately $1,228,177,000. Massachusetts Financial Services Co. MA lifted 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 acquiring an additional 5,525,828 shares in the last quarter. Holocene Advisors LP purchased a new stake in Arista Networks during the 2nd quarter valued at $247,451,000. Schroder Investment Management Group boosted its stake in Arista Networks by 14.8% during the 2nd quarter. Schroder Investment Management Group now owns 10,494,124 shares of the technology company’s stock valued at $1,073,654,000 after purchasing an additional 1,350,593 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in shares of Arista Networks by 282.9% in the 2nd quarter. Panagora Asset Management Inc. now owns 1,549,486 shares of the technology company’s stock worth $158,528,000 after purchasing an additional 1,144,786 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ANET has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a report on Monday, December 29th. Rosenblatt Securities upped their target price on shares of Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Barclays reiterated an “overweight” rating and issued a $184.00 price target (up from $183.00) on shares of Arista Networks in a research note on Friday, February 13th. Morgan Stanley reissued an “overweight” rating and set a $165.00 price objective on shares of Arista Networks in a report on Friday, February 13th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $188.00 target price (up previously from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Seventeen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $175.44.

Insider Activity at Arista Networks

In related news, CEO Jayshree Ullal sold 24,042 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were 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 approximately $1,235,162.35. This represents a 70.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction dated 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 directly owned 9,784 shares of the company’s stock, valued at approximately $1,373,967.12. This trade represents a 44.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 218,042 shares of company stock worth $28,561,131. 3.39% of the stock is owned by company insiders.

More Arista Networks News

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

• Positive Sentiment: Q4 results and metrics look strong: Arista reported an EPS and revenue beat for the quarter, with revenue up ~29% year-over-year and healthy margins — evidence of ongoing demand for its networking gear. Arista Q4 Results
• Positive Sentiment: Management and analysts emphasize AI networking as a growth driver for 2026 (expecting meaningful improvement in AI-related revenues) and see campus/branch networking as an additional growth vector — supportive for longer-term revenue growth. AI Revenue Outlook
• Positive Sentiment: Analyst write-ups highlight Arista’s software stack (EOS, CloudVision) and AI-ready, automated networking as competitive advantages versus peers — a bullish structural thesis for enterprise and hyperscaler spending. Zacks: Software Strength
• Neutral Sentiment: Valuation is getting scrutiny as the market balances growth/AI positioning against a premium multiple — analysts and commentators are reassessing whether the current price reflects the 2026 growth outlook. Valuation Piece
• Neutral Sentiment: Several comparison and “is it a buy” pieces contrast Arista with other connectivity/cloud stocks (ASTS, CCSI), which can influence relative flows and sector rotation but don’t change Arista’s fundamentals. ASTS vs ANET Zacks: Trending Peer Comparison
• Negative Sentiment: Insider selling: Kenneth Duda sold a total of 58,000 shares on Feb 17 at ~ $142.35–$142.44 (roughly $8.26M), reducing his holdings — a signal some investors interpret as caution or profit-taking and that can pressure near-term sentiment. SEC filing: Form 4

Arista Networks Trading Down 1.8%

ANET opened at $136.97 on Friday. The company’s 50 day moving average is $133.75 and its 200 day moving average is $137.42. The company has a market cap of $172.11 billion, a price-to-earnings ratio of 49.63, a PEG ratio of 2.35 and a beta of 1.42. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $164.94.

Arista Networks (NYSE:ANET) last released its quarterly 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 business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The company’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the firm earned $0.66 earnings per share. As a group, analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

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.