CM Wealth Advisors LLC Buys New Position in Arista Networks, Inc. $ANET

CM Wealth Advisors LLC acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the fourth quarter, Holdings Channel.com reports. The fund acquired 4,076 shares of the technology company’s stock, valued at approximately $534,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Arista Networks by 1.0% during the third quarter. Vanguard Group Inc. now owns 100,000,830 shares of the technology company’s stock worth $14,571,121,000 after purchasing an additional 1,007,730 shares during the last quarter. State Street Corp increased its position in shares of Arista Networks by 0.5% during 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. raised its holdings in shares of Arista Networks by 1.8% during 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 in the last quarter. Arrowstreet Capital Limited Partnership lifted 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 worth $1,396,939,000 after buying an additional 4,332,659 shares during the last quarter. Finally, 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 worth $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.

Arista Networks Price Performance

Shares of NYSE ANET opened at $160.77 on Friday. Arista Networks, Inc. has a 1 year low of $66.59 and a 1 year high of $164.94. The stock has a market capitalization of $202.01 billion, a P/E ratio of 58.25, a P/E/G ratio of 2.72 and a beta of 1.48. The company’s 50-day moving average is $135.66 and its 200 day moving average is $136.25.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.07. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 earnings per share. Research analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ANET. Rosenblatt Securities raised shares of Arista Networks from a “neutral” rating to a “buy” rating and upped their price objective for the company from $165.00 to $180.00 in a research note on Tuesday, April 7th. Piper Sandler reissued an “overweight” rating and issued a $175.00 price target (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Morgan Stanley restated an “overweight” rating and set a $165.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Needham & Company LLC raised their price objective on Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $177.83.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: JPMorgan raised its price target on ANET to $200 and reiterated an “overweight” rating, implying ~24% upside versus the recent share price — a clear catalyst for buying interest. JPMorgan raises ANET price target to $200
• Positive Sentiment: Zacks upgraded Arista from “hold” to “strong‑buy”, which can attract retail momentum flows and algorithmic buying. Zacks upgrades ANET to strong-buy
• Positive Sentiment: Brokerage coverage remains tilted bullish (Needham, UBS, Susquehanna and others raising targets or assigning buy/strong‑buy ratings), supporting multiple expansion expectations.
• Neutral Sentiment: Peer data shows AI networking demand is broadening: Cisco reported strong AI‑driven growth and Ciena is boosting capex — this confirms a market tailwind for vendors like Arista but also signals intensifying competition and supply dynamics. Cisco’s AI Networking Surge Gathers Momentum Ciena’s Capex Acceleration
• Neutral Sentiment: Short‑term momentum articles note Arista has outperformed the broader market in recent sessions — this can amplify intraday moves but doesn’t change fundamentals. Arista outperforms broader market
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares (avg. $150.11) under a pre‑arranged Rule 10b5‑1 plan, cutting her reported direct stake ~92%. Large insider sales can weigh on sentiment despite being planned trades. CEO Jayshree Ullal Sells 112,812 Shares

Insider Buying and Selling

In other news, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total transaction of $4,292,480.00. Following the transaction, the insider directly 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 sale 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 the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total transaction of $1,378,127.80. Following the transaction, the chief financial officer owned 60,734 shares in the company, valued at $9,414,984.68. This represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 321,334 shares of company stock worth $45,185,941 in the last 90 days. 3.39% of the stock is owned by company insiders.

Arista Networks Company 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.