Arista Networks, Inc. $ANET Shares Sold by Tema Etfs LLC

Tema Etfs LLC lessened its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 31.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 26,168 shares of the technology company’s stock after selling 12,232 shares during the period. Tema Etfs LLC’s holdings in Arista Networks were worth $3,429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its position in Arista Networks by 2,829.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,721,156 shares of the technology company’s stock worth $833,630,000 after purchasing an additional 5,525,828 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Arista Networks by 82.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 9,587,115 shares of the technology company’s stock valued at $1,396,939,000 after purchasing an additional 4,332,659 shares during the period. Holocene Advisors LP bought a new stake in shares of Arista Networks in the 2nd quarter worth $247,451,000. AQR Capital Management LLC raised its stake in shares of Arista Networks by 13.2% in the 2nd quarter. AQR Capital Management LLC now owns 8,742,112 shares of the technology company’s stock worth $892,919,000 after buying an additional 1,022,303 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Arista Networks by 1.0% in the third quarter. Vanguard Group Inc. now owns 100,000,830 shares of the technology company’s stock valued at $14,571,121,000 after buying an additional 1,007,730 shares during the period. Institutional investors own 82.47% of the company’s stock.

Arista Networks News Roundup

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

• Positive Sentiment: Susquehanna initiated coverage with a Positive rating and a $160 price target, signaling Wall Street confidence in Arista’s positioning in AI networking and offering near-term upside from analyst re-ratings. Wall Street Backs Arista Networks as AI Data Center Play
• Positive Sentiment: Truist initiated coverage / upgraded Arista to Buy / Strong-Buy with ~30–35% upside and a ~$161 price target, citing stronger AI networking demand after the recent pullback — a direct catalyst for buying interest. Truist Initiates Arista Networks With 35% Upside
• Positive Sentiment: Company guidance was raised: Arista said stronger-than-expected AI infrastructure demand will lift 2026 revenue goals, with AI Center sales driving much of the incremental growth — fundamental support for higher forward revenue/earnings expectations. Arista Networks AI Outlook Lifts 2026 Goals But Concentration Risks Grow
• Neutral Sentiment: Industry catalysts (NVIDIA’s NVLink Fusion ecosystem expansion) were highlighted as potential tailwinds for networking vendors like Arista, supporting secular AI spend but not an immediate company-specific earnings driver. 5 Stocks That Win Big From NVIDIA’s NVLink Fusion AI Ecosystem Expansion
• Neutral Sentiment: Zacks notes margin expansion has moderated: Arista’s operating margin rose with AI scale gains, but rising costs and hyperscaler concentration raise questions about margin durability — a watch item for investors. ANET’s Margin Expansion Moderates
• Negative Sentiment: Management flagged customer concentration and deferred hardware revenue as risks that could affect how and when revenue is recognized — these factors increase execution risk despite stronger AI demand. Arista Networks AI Outlook Lifts 2026 Goals But Concentration Risks Grow

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ANET. TD Cowen began coverage on Arista Networks in a research note on Thursday, March 12th. They set a “buy” rating and a $170.00 target price for the company. Barclays reissued an “overweight” rating and issued a $184.00 price target (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Truist Financial initiated coverage on shares of Arista Networks in a research note on Tuesday. They issued a “buy” rating and a $161.00 price objective on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Evercore reissued an “outperform” rating and set a $200.00 target price on shares of Arista Networks in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Arista Networks presently has a consensus rating of “Moderate Buy” and an average price target of $175.61.

Insider Transactions at Arista Networks

In related news, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total value of $1,123,440.00. Following the completion of the sale, the director owned 9,784 shares in the company, valued at approximately $1,373,967.12. This represents a 44.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Yvonne Wassenaar sold 1,815 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $132.44, for a total transaction of $240,378.60. Following the completion of the transaction, the director directly owned 12,574 shares of the company’s stock, valued at $1,665,300.56. This represents a 12.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 199,632 shares of company stock valued at $26,936,324 over the last ninety days. Corporate insiders own 3.39% of the company’s stock.

Arista Networks Stock Up 1.6%

NYSE:ANET opened at $124.79 on Thursday. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94. The firm has a market capitalization of $156.81 billion, a price-to-earnings ratio of 45.21, a price-to-earnings-growth ratio of 2.17 and a beta of 1.48. The stock has a fifty day simple moving average of $135.07 and a 200 day simple moving average of $136.31.

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