Wright Investors Service Inc. Sells 15,418 Shares of Arista Networks, Inc. $ANET

Wright Investors Service Inc. reduced its holdings in Arista Networks, Inc. (NYSE:ANET) by 52.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,050 shares of the technology company’s stock after selling 15,418 shares during the quarter. Wright Investors Service Inc.’s holdings in Arista Networks were worth $1,841,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Board of the Pension Protection Fund bought a new position in shares of Arista Networks during the 4th quarter valued at about $26,000. AdvisorNet Financial Inc increased its position in shares of Arista Networks by 56.7% during the 3rd 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 last quarter. Knuff & Co LLC bought a new position in shares of Arista Networks during the 3rd quarter valued at about $29,000. Ameliora Wealth Management Ltd. bought a new position in shares of Arista Networks during the 4th quarter valued at about $30,000. Finally, Richardson Financial Services Inc. increased its position in shares of Arista Networks by 141.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after purchasing an additional 130 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

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 kept an “overweight” rating, signaling meaningful upside vs. recent levels and likely prompting buy interest. Read More.
• Positive Sentiment: Zacks upgraded Arista from “hold” to “strong‑buy”, which can attract retail and momentum flows. Read More.
• Positive Sentiment: Coverage and headlines highlighting AI demand for high‑performance networking (and chatter about possible S&P 500 index inclusion) are boosting appetite for Arista shares as a direct beneficiary of AI infrastructure spending. Read More.
• Neutral Sentiment: Industry peers (Cisco, Ciena) reported strong AI‑led demand and capex increases — this validates the market tailwind for Arista but also signals intensifying competition and supply dynamics that could pressure margins or ordering cycles. Read More. Read More.
• Neutral Sentiment: Analyst coverage is broadly bullish (multiple buy/overweight ratings and rising targets); that supports multiple expansion but also raises sensitivity to any guidance miss.
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares at an average ~$150.11 (~$16.9M) under a pre‑arranged Rule 10b5‑1 plan, reducing her reported direct stake sharply — a headline that can pressure sentiment despite being a planned sale. Read More.
• Negative Sentiment: CFO Chantelle Breithaupt sold 8,890 shares at an average $155.02 (~$1.38M) under a 10b5‑1 plan, trimming her stake — smaller than the CEO sale but adds to near‑term insider‑sale headlines. Read More.

Insiders Place Their Bets

In related news, Director Yvonne Wassenaar sold 1,395 shares of Arista Networks stock in a transaction on Monday, March 16th. The stock was sold at an average price of $134.34, for a total value of $187,404.30. Following the completion of the sale, the director owned 11,179 shares of the company’s stock, valued at $1,501,786.86. The trade was a 11.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $125.95, for a total value of $1,007,600.00. Following the completion of the sale, the director directly owned 216,333 shares of the company’s stock, valued at $27,247,141.35. The trade was a 3.57% 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. In the last quarter, insiders have sold 321,334 shares of company stock worth $45,185,941. 3.39% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ANET. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Rosenblatt Securities upgraded Arista Networks from a “neutral” rating to a “buy” rating and increased their price objective for the company from $165.00 to $180.00 in a research report on Tuesday, April 7th. 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. Piper Sandler restated an “overweight” rating and set a $175.00 price target (up from $159.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, Evercore restated an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Three investment 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’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $177.83.

Arista Networks Stock Up 4.2%

ANET opened at $160.77 on Friday. The stock has a market cap of $202.01 billion, a PE ratio of 58.25, a PEG ratio of 2.72 and a beta of 1.48. The business has a 50 day moving average of $135.66 and a 200-day moving average of $136.25. Arista Networks, Inc. has a 52 week low of $66.59 and a 52 week high of $164.94.

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

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.