Arista Networks, Inc. $ANET Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. trimmed its position in shares of Arista Networks, Inc. (NYSE:ANET) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 254,471 shares of the technology company’s stock after selling 11,771 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Arista Networks were worth $33,343,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC lifted its stake in Arista Networks by 18.2% during the fourth quarter. WealthPlan Investment Management LLC now owns 26,650 shares of the technology company’s stock worth $3,492,000 after purchasing an additional 4,095 shares in the last quarter. Dana Investment Advisors Inc. lifted its stake in Arista Networks by 3.2% during the fourth quarter. Dana Investment Advisors Inc. now owns 14,980 shares of the technology company’s stock worth $1,963,000 after purchasing an additional 464 shares in the last quarter. Qsemble Capital Management LP lifted its stake in Arista Networks by 249.1% during the fourth quarter. Qsemble Capital Management LP now owns 23,110 shares of the technology company’s stock worth $3,028,000 after purchasing an additional 16,491 shares in the last quarter. Stephens Inc. AR lifted its stake in Arista Networks by 11.8% during the fourth quarter. Stephens Inc. AR now owns 10,995 shares of the technology company’s stock worth $1,441,000 after purchasing an additional 1,157 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its stake in Arista Networks by 60.5% during the fourth quarter. AlphaCore Capital LLC now owns 3,447 shares of the technology company’s stock worth $452,000 after purchasing an additional 1,299 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the company. Evercore restated an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. TD Cowen reiterated a “buy” rating and issued a $200.00 price objective (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Truist Financial set a $175.00 price objective on Arista Networks in a research note on Wednesday, May 6th. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Finally, UBS Group reiterated a “buy” rating and issued a $187.00 price objective (up from $177.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $181.84.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Reuters-based 13-F filings show institutional investors added to or started positions in major AI infrastructure names, including Arista Networks, signaling continued professional buying interest in the company’s long-term AI networking story. Institutional investors boosted holdings of AI infrastructure plays during first quarter
• Positive Sentiment: Raymond James upgraded Arista to Outperform, citing share gains in AI-backend and campus networking, plus demand from major customers such as Meta Platforms and Microsoft. Arista upgraded to outperform as it gains share in AI-backend and campus: Raymond James
• Positive Sentiment: Truist said Arista’s post-earnings pullback may be an attractive buying opportunity, keeping the name on bullish watch lists as investors weigh strong underlying demand against near-term volatility. Truist Views Arista Networks (ANET)’s Post-Q1 Sell-Off As An Attractive Buying Opportunity
• Neutral Sentiment: Several recent articles compare Arista with other AI-related stocks and question whether the rally has already priced in much of the upside, which may be adding to investor caution after a strong multi-year run. Is It Too Late To Consider Arista Networks (ANET) After Strong Multi Year Share Gains?
• Neutral Sentiment: Other coverage notes Arista’s AI demand remains strong, but supply-chain constraints and margin pressure could limit near-term upside even as revenue guidance stays solid. AI-Fueled Demand Amid Supply Strains Might Change The Case For Investing In Arista Networks (ANET)
• Negative Sentiment: One analyst-style comparison argued Jabil looks stronger than Arista on valuation and AI data-center exposure, reflecting some relative-value skepticism toward ANET. Arista vs. Jabil: Which AI-Driven Tech Stock Looks Stronger Now?

Arista Networks Trading Up 0.0%

Shares of NYSE ANET opened at $141.98 on Monday. The stock has a market cap of $178.78 billion, a P/E ratio of 48.62, a PEG ratio of 2.18 and a beta of 1.67. Arista Networks, Inc. has a 12-month low of $83.86 and a 12-month high of $179.80. The business’s fifty day simple moving average is $144.57 and its 200-day simple moving average is $137.51.

Arista Networks (NYSE:ANET) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period last year, the firm earned $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities analysts forecast that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Insider Buying and Selling at Arista Networks

In related news, insider Kenneth Duda sold 32,000 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total value of $4,292,480.00. Following the transaction, the insider owned 12,976 shares of the company’s stock, valued at $1,740,600.64. This represents a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the completion of the transaction, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% 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. Insiders sold 1,502,729 shares of company stock worth $246,707,719 in the last three months. 2.70% of the stock is currently owned by corporate insiders.

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.