Intech Investment Management LLC Raises Holdings in Arista Networks, Inc. $ANET

Intech Investment Management LLC lifted its holdings in Arista Networks, Inc. (NYSE:ANET) by 44.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,851 shares of the technology company’s stock after buying an additional 27,764 shares during the quarter. Intech Investment Management LLC’s holdings in Arista Networks were worth $13,238,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Bare Financial Services Inc boosted its position 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 purchasing an additional 233 shares in the last quarter. AdvisorNet Financial Inc lifted its stake 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 purchasing an additional 72 shares during the period. Richardson Financial Services Inc. boosted its holdings in Arista Networks by 141.3% during the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after buying an additional 130 shares in the last quarter. SJS Investment Consulting Inc. grew its position in Arista Networks by 979.2% during the third quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company’s stock worth $38,000 after buying an additional 235 shares during the period. Finally, Guerra Advisors Inc purchased a new position in Arista Networks in the third quarter valued at about $41,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Buying and Selling

In other Arista Networks news, Director Kelly Bodnar Battles sold 422 shares of Arista Networks stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $128.06, for a total value of $54,041.32. Following the completion of the sale, the director directly owned 9,529 shares of the company’s stock, valued at approximately $1,220,283.74. The trade was a 4.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were 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 $1,373,967.12. This trade represents a 44.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 194,422 shares of company stock worth $25,620,741. 3.39% of the stock is owned by insiders.

More Arista Networks News

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

• Positive Sentiment: Arista 2.0 strategy gaining traction — company hit a 150M port milestone and is pushing AI-focused, SaaS/cloud networking products that position it to capture AI datacenter spending. This is the main bullish operational narrative investors are buying. Arista 2.0 Strategy Picks Up Steam
• Positive Sentiment: Street attention to AI exposure — media and some analysts call Arista an underrated AI/infra play, which can attract rotation interest into ANET if AI capex remains strong. 1 Underrated AI Stock to Buy
• Neutral Sentiment: Management presented at Bernstein Insights — useful for messaging and investor Q&A but no new financials; helps clarity on roadmap rather than immediate re-rate. Arista Presents at Bernstein Insights
• Neutral Sentiment: Sector context: peers like Ciena are also citing AI-driven demand and large backlogs — a supportive industry backdrop that can help Arista’s growth story but isn’t company-specific proof. Ciena to Report Q1 Earnings
• Negative Sentiment: Insider selling: Director Kelly Bodnar Battles sold 422 shares (~$54k) recently — a small position reduction but still a visible insider sale that can be cited by short-term traders. Director Sells 422 Shares
• Negative Sentiment: Technical/valuation friction: ANET is trading below its recent moving averages on lighter volume and carries a high multiple (PE ~47). Those factors can magnify downside on profit-taking or if AI capex commentary disappoints. ANET Stock Summary & Metrics

Arista Networks Stock Down 2.0%

ANET opened at $130.23 on Friday. The firm has a market cap of $163.64 billion, a P/E ratio of 47.18, a PEG ratio of 2.36 and a beta of 1.42. The business’s fifty day simple moving average is $134.31 and its 200 day simple moving average is $137.39. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94.

Arista Networks (NYSE:ANET) last released its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.07. The company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 EPS. As a group, equities analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ANET. Erste Group Bank lowered Arista Networks from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. The Goldman Sachs Group reiterated a “buy” rating and set a $188.00 target price (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Needham & Company LLC raised their price target on Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a research note on Monday, December 29th. Finally, Piper Sandler reissued an “overweight” rating and issued a $175.00 price objective (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Arista Networks has an average rating of “Moderate Buy” and an average price target of $176.88.

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.