Sigma Planning Corp Sells 9,473 Shares of Arista Networks, Inc. $ANET

Sigma Planning Corp lowered its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 36.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,188 shares of the technology company’s stock after selling 9,473 shares during the period. Sigma Planning Corp’s holdings in Arista Networks were worth $2,247,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Walkner Condon Financial Advisors LLC grew its holdings in Arista Networks by 0.4% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 18,509 shares of the technology company’s stock worth $2,697,000 after acquiring an additional 70 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Arista Networks by 0.4% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after acquiring an additional 70 shares during the last quarter. United Asset Strategies Inc. grew its holdings in Arista Networks by 1.2% in the 4th quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock worth $827,000 after acquiring an additional 72 shares during the last quarter. Crown Wealth Group LLC grew its holdings in Arista Networks by 2.4% in the 3rd quarter. Crown Wealth Group LLC now owns 3,175 shares of the technology company’s stock worth $463,000 after acquiring an additional 75 shares during the last quarter. Finally, West Family Investments Inc. grew its holdings in Arista Networks by 0.9% in the 3rd quarter. West Family Investments Inc. now owns 8,364 shares of the technology company’s stock worth $1,219,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Insider Activity

In other news, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $163.31, for a total transaction of $5,225,920.00. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $2,119,110.56. The trade was a 71.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 1,395 shares of Arista Networks stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total transaction of $213,532.65. Following the sale, the director directly owned 9,784 shares in the company, valued at $1,497,636.88. The trade was a 12.48% 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 three months, insiders have sold 1,502,729 shares of company stock worth $246,427,959. 3.39% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. KeyCorp reissued an “overweight” rating and issued a $178.00 price target (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Piper Sandler reissued an “overweight” rating and issued a $175.00 price target (up from $159.00) on shares of Arista Networks in a report on Friday, February 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $188.00 price target (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Rosenblatt Securities raised shares of Arista Networks from a “neutral” rating to a “buy” rating and raised their price target for the stock from $165.00 to $180.00 in a report on Tuesday, April 7th. Finally, Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $178.67.

More Arista Networks News

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

• Positive Sentiment: Morgan Stanley expects Arista’s Q1 to benefit from new customer wins and margin resilience, reinforcing the view that demand tied to AI and hyperscale networking will support near-term revenue and profitability. Arista Networks’ Q1 Results to Benefit From New Customers, Margin Resilience, Morgan Stanley Says
• Positive Sentiment: Coverage previews highlight Arista’s AI networking momentum and the XPO platform launch as catalysts that have driven upward estimate revisions and stronger investor interest ahead of earnings. Should You Add ANET Stock to Your Portfolio Ahead of Q1 Earnings?
• Neutral Sentiment: Wall Street analyst consensus remains positive (average rating ~Buy), which supports sentiment but also suggests expectations are highly baked into the stock’s premium multiple. Wall Street Analysts See Arista Networks (ANET) as a Buy: Should You Invest?
• Neutral Sentiment: Arista is a trending stock on investor platforms — increased attention can amplify intraday moves but doesn’t guarantee direction without confirming earnings/guide. Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock
• Negative Sentiment: Several write-ups warn that Arista’s premium valuation and elevated expectations may limit upside if the company only meets (not exceeds) Q1 results or issues cautious guidance. That raises the risk of a pullback even with strong underlying demand trends. Should You Add ANET Stock to Your Portfolio Ahead of Q1 Earnings?

Arista Networks Trading Up 0.0%

Shares of ANET opened at $172.76 on Friday. The firm’s 50-day moving average price is $141.84 and its 200-day moving average price is $137.69. The firm has a market capitalization of $217.53 billion, a price-to-earnings ratio of 62.59, a PEG ratio of 3.03 and a beta of 1.67. Arista Networks, Inc. has a 1-year low of $82.80 and a 1-year high of $179.80.

Arista Networks (NYSE:ANET) last announced its earnings results 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 firm 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 company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.66 EPS. On average, research analysts forecast that Arista Networks, Inc. will post 3.17 EPS for the current fiscal 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.