Arista Networks, Inc. $ANET Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lessened its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 26.3% during the 4th quarter, Holdings Channel reports. The firm owned 184,872 shares of the technology company’s stock after selling 65,844 shares during the period. TD Waterhouse Canada Inc.’s holdings in Arista Networks were worth $24,215,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in ANET. Board of the Pension Protection Fund acquired a new stake in shares of Arista Networks during the fourth quarter worth about $26,000. AdvisorNet Financial Inc lifted its position in shares of Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after purchasing an additional 72 shares in the last quarter. Knuff & Co LLC acquired a new stake in shares of Arista Networks during the third quarter worth about $29,000. Ameliora Wealth Management Ltd. acquired a new stake in shares of Arista Networks during the fourth quarter worth about $30,000. Finally, Richardson Financial Services Inc. lifted its position in shares of 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 purchasing an additional 130 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Stock Up 0.1%

Shares of Arista Networks stock opened at $164.39 on Monday. The firm has a market capitalization of $206.56 billion, a P/E ratio of 59.56, a P/E/G ratio of 2.89 and a beta of 1.48. Arista Networks, Inc. has a 52 week low of $66.59 and a 52 week high of $165.28. The firm’s 50 day moving average is $136.20 and its two-hundred day moving average is $136.24.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, beating the consensus estimate 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 revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 earnings per share. As a group, research analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ANET has been the topic of several research reports. Piper Sandler reissued 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. The Goldman Sachs Group reissued a “buy” rating and set a $188.00 price target (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Barclays restated an “overweight” rating and set a $184.00 target price (up from $183.00) on shares of Arista Networks in a research note on Friday, February 13th. TD Cowen began coverage on shares of Arista Networks in a research note on Thursday, March 12th. They set a “buy” rating and a $170.00 target price on the stock. Finally, Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $177.83.

Arista Networks News Summary

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

• Positive Sentiment: JPMorgan raised its price target to $200 and kept an “overweight” rating, giving the stock a clear upside catalyst for buy‑side interest. Read More.
• Positive Sentiment: Zacks upgraded ANET to a “strong‑buy” and listed it among high‑ROE stocks, which can attract retail/momentum flows. Read More.
• Positive Sentiment: News pieces highlight AI and cloud infrastructure demand (and S&P 500 indexing chatter) as drivers for Arista’s valuation and near‑term momentum. Read More.
• Positive Sentiment: Recent quarterly results remain supportive: Arista beat EPS and revenue estimates and reported ~29% YoY revenue growth and strong margins — fundamental backing for higher multiples. Read More.
• Neutral Sentiment: Peer data (Cisco, Ciena) confirms broad AI networking demand — a market tailwind for Arista but also signposts intensifying competition and supply dynamics. Read More.
• Neutral Sentiment: Consensus analyst coverage is heavily bullish (consensus target ~$177–$178), which supports momentum but ties moves to future estimate revisions.
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares under a pre‑arranged Rule 10b5‑1 plan (avg. ~$150), a large disclosed sale that can create short‑term sentiment pressure despite being planned. Read More.
• Negative Sentiment: CFO Chantelle Breithaupt sold 8,890 shares under a 10b5‑1 plan—another insider sale that investors will note when weighing near‑term flows. Read More.

Insider Activity at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 112,812 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $150.11, for a total value of $16,934,209.32. Following the transaction, the chief executive officer directly owned 9,917 shares in the company, valued at $1,488,640.87. This represents a 91.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the completion of the transaction, the director owned 9,784 shares in the company, valued at $1,373,967.12. This 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 three months, insiders have sold 322,729 shares of company stock valued at $45,399,474. Company insiders own 3.39% of the company’s stock.

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.