RFG Advisory LLC Sells 4,003 Shares of Arista Networks, Inc. $ANET

RFG Advisory LLC lowered its stake in Arista Networks, Inc. (NYSE:ANET) by 13.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,611 shares of the technology company’s stock after selling 4,003 shares during the period. RFG Advisory LLC’s holdings in Arista Networks were worth $3,487,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ANET. Board of the Pension Protection Fund purchased a new position in shares of Arista Networks in the 4th quarter worth approximately $26,000. Knuff & Co LLC bought a new position in shares of Arista Networks during the 3rd quarter valued at approximately $29,000. Ameliora Wealth Management Ltd. purchased a new stake in Arista Networks during the 4th quarter valued at $30,000. Richardson Financial Services Inc. lifted its position in Arista Networks by 141.3% in the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after buying an additional 130 shares during the last quarter. Finally, Quarry LP bought a new stake in Arista Networks in the third quarter worth $33,000. 82.47% of the stock is owned by institutional investors.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 on Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total value of $213,532.65. Following the sale, the director directly owned 9,784 shares of the company’s stock, valued at approximately $1,497,636.88. This trade represents a 12.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,502,729 shares of company stock valued at $246,707,719 in the last ninety days. Corporate insiders own 3.39% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: Q1 beat — Arista reported Q1 revenue up ~35% YoY to $2.71B and EPS of $0.87 (vs. ~$0.81 consensus), underscoring robust AI/data?center demand. Zacks: Arista Beats Q1
• Positive Sentiment: Q2 EPS guide modestly ahead — Management set Q2 EPS at $0.88, above street expectations, signaling continued profitability into the next quarter. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Analyst upgrades/raises — Rosenblatt raised its price target to $210 and Needham reaffirmed a $185 target, reflecting continued bullish views on Arista’s AI networking exposure. Benzinga: Rosenblatt/Needham Notes
• Neutral Sentiment: Consensus view stays constructive — Street consensus PT sits near $178.67 and the majority of analysts retain Buy/Outperform ratings, leaving longer?term sentiment positive though expectations are high. AmericanBankingNews: Consensus PT
• Negative Sentiment: After?hours sell?off and volatility — The stock fell sharply in after?hours trading despite the beat, indicating profit?taking and disappointment versus elevated expectations. Yahoo: Stock Down After Beats
• Negative Sentiment: Margin/guidance nuance — Several outlets noted gross margin landed slightly below estimates and that guidance didn’t clearly beat on revenue/margins, which likely triggered short?term selling. Seeking Alpha: Margin Note
• Negative Sentiment: Insider sale highlighted — Director Charles Giancarlo sold 8,000 shares under a pre?arranged 10b5?1 plan; while routine, such disclosures can weigh on sentiment in a volatile session. SEC: Insider Filing
• Negative Sentiment: Analyst PT tweak downward — Citigroup trimmed its PT from $176 to $173 (still a Buy), a modest hit to the high?expectations backdrop. Benzinga: Citigroup PT Cut

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ANET shares. Citigroup cut their price objective on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research report on Wednesday. TD Cowen restated a “buy” rating and issued a $200.00 target price (up from $170.00) on shares of Arista Networks in a report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research note on Friday, May 1st. Needham & Company LLC reiterated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a report on Wednesday. Finally, Zacks Research raised shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $182.22.

Arista Networks Price Performance

ANET stock opened at $147.09 on Thursday. Arista Networks, Inc. has a 12 month low of $82.80 and a 12 month high of $179.80. The firm’s 50-day moving average is $142.99 and its 200 day moving average is $137.88. The company has a market capitalization of $185.21 billion, a PE ratio of 50.37, a P/E/G ratio of 2.99 and a beta of 1.67.

Arista Networks (NYSE:ANET) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 31.23%. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts forecast that Arista Networks, Inc. will post 3.17 EPS for the current fiscal year.

Arista Networks Company 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.