Marietta Wealth Management LLC Has $3.71 Million Stake in Arista Networks, Inc. $ANET

Marietta Wealth Management LLC raised its position in Arista Networks, Inc. (NYSE:ANET) by 20.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,321 shares of the technology company’s stock after purchasing an additional 4,757 shares during the quarter. Marietta Wealth Management LLC’s holdings in Arista Networks were worth $3,711,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANET. Brighton Jones LLC raised its stake in shares of Arista Networks by 321.7% in the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after purchasing an additional 5,955 shares during the period. Revolve Wealth Partners LLC acquired a new stake in shares of Arista Networks in the 4th quarter valued at about $202,000. Bison Wealth LLC acquired a new stake in shares of Arista Networks in the 4th quarter valued at about $251,000. Sivia Capital Partners LLC raised its stake in shares of Arista Networks by 48.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock valued at $1,097,000 after purchasing an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL raised its stake in shares of Arista Networks by 31.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock valued at $429,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jayshree Ullal sold 306,139 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $167.31, for a total value of $51,220,116.09. Following the transaction, the chief executive officer owned 5,287,287 shares of the company’s stock, valued at approximately $884,615,987.97. This represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total value of $1,378,127.80. Following the completion of the transaction, the chief financial officer directly owned 60,734 shares in the company, valued at $9,414,984.68. The trade was a 12.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 980,868 shares of company stock valued at $154,661,490. Insiders own 3.39% of the company’s stock.

Arista Networks News Roundup

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

• Positive Sentiment: Arista said its AI networking market assumptions were raised substantially (management/analyst coverage is doubling the AI networking target), reinforcing a bigger TAM tied to AI datacenter spend and helping justify higher forward multiples. Arista Doubles AI Networking Target As Valuation And Momentum Diverge
• Positive Sentiment: Analyst and buy?side commentary argues heavy capex demand for AI networking keeps ANET’s premium valuation warranted; Seeking Alpha reiterates a Buy thesis and flags Q1 (May 5) as a potential beat?and?raise catalyst. Arista: Heavy CapEx Demand Keeps Justifying This Stock’s Premium
• Positive Sentiment: Institutional flow data shows strong accumulation over time (large outlier inflows since 2015), signaling sustained investor appetite and helping drive momentum and higher volume into the name. See How Institutions Boost Arista Networks
• Positive Sentiment: Multiple media/retail pieces are positioning ANET as a top momentum/AI beneficiary, which attracts retail/trading flows and can amplify near?term upside ahead of earnings. Are You Looking for a Top Momentum Pick? Why Arista Networks (ANET) is a Great Choice
• Neutral Sentiment: Coverage noting analyst price?target lifts and “overweight”/“strong buy” consensus supports sentiment but also reflects already elevated expectations — good for momentum, less informative on surprise risk. MarketBeat Arista coverage and analyst targets
• Negative Sentiment: Insider selling: CEO Jayshree Ullal sold 350,000 shares (~$55.8M) at ~\$159 each under a 10b5?1 plan; large, pre?arranged sales can still dent sentiment despite being planned transactions. Jayshree Ullal Sells 350,000 Shares of Arista Networks (NYSE:ANET) Stock
• Negative Sentiment: Additional insider selling: EVP Kenneth Duda executed multi?lot sales (26k and 32k shares) at ~\$163, reducing holdings materially in disclosed filings — another near?term headwind for sentiment. SEC filing for Kenneth Duda insider sales

Arista Networks Stock Up 2.9%

ANET opened at $177.89 on Thursday. Arista Networks, Inc. has a 12-month low of $70.36 and a 12-month high of $178.48. The stock has a market cap of $223.99 billion, a price-to-earnings ratio of 64.45, a PEG ratio of 3.04 and a beta of 1.48. The business has a 50 day moving average of $138.03 and a 200-day moving average of $136.88.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period last year, the firm posted $0.66 earnings per share. The business’s revenue was up 28.9% on a year-over-year basis. As a group, analysts expect that Arista Networks, Inc. will post 3.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on 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 research note on Friday, February 13th. Wells Fargo & Company lifted their target price on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Susquehanna raised Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Needham & Company LLC lifted their target price on Arista Networks from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, TD Cowen assumed coverage on Arista Networks in a research report on Thursday, March 12th. They issued a “buy” rating and a $170.00 target price on the stock. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $177.83.

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.