Three Seasons Wealth LLC Purchases 7,342 Shares of Arista Networks, Inc. $ANET

Three Seasons Wealth LLC grew its position in shares of Arista Networks, Inc. (NYSE:ANET) by 90.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,443 shares of the technology company’s stock after buying an additional 7,342 shares during the quarter. Three Seasons Wealth LLC’s holdings in Arista Networks were worth $1,896,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Lighthouse Financial Services Inc. ADV bought a new position in Arista Networks during the 4th quarter valued at about $1,549,000. Bensler LLC bought a new stake in shares of Arista Networks in the fourth quarter worth approximately $6,350,000. QRG Capital Management Inc. grew its stake in shares of Arista Networks by 6.4% in the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after acquiring an additional 10,217 shares during the period. Reaves W H & Co. Inc. purchased a new position in shares of Arista Networks during the fourth quarter valued at approximately $3,058,000. Finally, Jefferies Financial Group Inc. raised its holdings in shares of Arista Networks by 59.8% during the fourth quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after purchasing an additional 6,591 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 was upgraded by Erste Group Bank AG from hold to buy, adding to the bullish analyst backdrop around the stock. Finviz
• Positive Sentiment: Recent coverage continues to position ANET as an AI networking winner, citing strong demand for data-center networking gear, healthy order backlogs, and long-term growth tied to AI infrastructure spending. UBS sees data center investments to drive demand but supply constraints persist
• Positive Sentiment: Arista is also being highlighted in lists of leading AI picks and infrastructure stocks, reinforcing investor confidence in its role in the AI buildout. Arista, Seagate and Astera Lead AI Picks
• Positive Sentiment: Technical commentary says the stock has been looking strong and setting new all-time highs, which can attract momentum buyers. Arista Networks stock looks technically strong as it sets new all-time highs
• Neutral Sentiment: Investors are also waiting for Arista’s Q2 2026 earnings report, with expectations centered on whether AI demand and revenue guidance stay strong. What to expect from Arista Networks’ Q2 2026 earnings report
• Neutral Sentiment: CEO Jayshree Ullal sold more than 234,000 shares in a pre-arranged 10b5-1 plan; the sale is routine, but large insider selling can still weigh on sentiment. SEC filing
• Negative Sentiment: Some commentary notes supply-chain constraints could limit how quickly Arista converts strong AI orders into revenue, creating a potential near-term headwind. Arista Networks (ANET) Is Up 9.7% After Boosting 2024 Revenue Outlook On Surging AI Demand

Wall Street Analyst Weigh In

ANET has been the topic of several research reports. Barclays restated an “overweight” rating and issued a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Needham & Company LLC reiterated a “buy” rating and set a $185.00 target price on shares of Arista Networks in a research note on Wednesday, May 6th. UBS Group reissued a “buy” rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a report on Wednesday, May 6th. KeyCorp restated an “overweight” rating and issued a $200.00 price target (up from $178.00) on shares of Arista Networks in a research note on Thursday, June 18th. Finally, Raymond James Financial raised Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective for the company in a report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $188.16.

Insiders Place Their Bets

In related news, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer directly owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. This trade represents a 7.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 260,000 shares of Arista Networks stock in a transaction on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the transaction, the insider owned 182,543,048 shares in the company, valued at $30,223,652,457.36. This trade represents a 0.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 3,150,983 shares of company stock worth $528,633,630. 2.70% of the stock is owned by insiders.

Arista Networks Trading Down 5.9%

Shares of ANET stock opened at $171.78 on Thursday. Arista Networks, Inc. has a 12 month low of $104.68 and a 12 month high of $189.82. The stock has a market cap of $216.30 billion, a P/E ratio of 58.83, a P/E/G ratio of 2.81 and a beta of 1.60. The company has a 50 day simple moving average of $160.69 and a two-hundred day simple moving average of $146.85.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter last year, the company posted $0.65 EPS. The company’s revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, equities analysts forecast that Arista Networks, Inc. will post 3.27 earnings per share for the current 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.