Sequoia Financial Advisors LLC Has $5.40 Million Stock Position in Arista Networks, Inc. $ANET

Sequoia Financial Advisors LLC raised its holdings in Arista Networks, Inc. (NYSE:ANET) by 13.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 41,194 shares of the technology company’s stock after buying an additional 4,917 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Arista Networks were worth $5,398,000 at the end of the most recent quarter.

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

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Morgan Stanley raised its price target on Arista Networks to $180 from $165 and kept an Overweight rating, signaling confidence in the company’s long-term upside. Morgan Stanley Raises its Price Target on Arista Networks (ANET) to $180
• Positive Sentiment: Needham also reiterated a Buy rating on ANET, adding to the list of bullish analyst calls after recent weakness in the shares. Arista Networks (NYSE:ANET) Receives “Buy” Rating from Needham & Company LLC
• Positive Sentiment: Analyst commentary continues to frame Arista as a long-term growth stock, with one article highlighting its strong market position and another noting that analysts still see meaningful upside from current levels. Why Arista Networks (ANET) is a Top Growth Stock for the Long-Term Ignore the sell-off in Arista Networks stock. Analysts still think ANET can gain 36% from here.
• Positive Sentiment: Recent coverage points to strong momentum in the shares, including a report that Arista rallied sharply in April as demand for data center networking and AI-related infrastructure stayed hot. Why Arista Networks Stock Rocketed 41% Higher in April and Why It’s Likely Just Getting Started
• Neutral Sentiment: Several articles and analyst notes reinforced Arista’s visibility as a high-growth AI and networking play, but these were largely reiterations of the existing bullish thesis rather than new catalysts. Susquehanna Remains a Buy on Arista Networks (ANET) Analysts Offer Insights on Technology Companies: International Business Machines (IBM), Adtran (ADTN) and Arista Networks (ANET)
• Negative Sentiment: The main drag on ANET is the company’s warning about supply constraints, which triggered the recent pullback and raised questions about near-term revenue timing despite solid demand. Is Arista Networks Stock a Buy on the Dip?
• Negative Sentiment: One article also noted that Arista’s stock fell even after a strong Q1 report, suggesting investors are currently focused more on execution and supply issues than on the earnings beat itself. Why Arista Networks Stock Plummeted Today

Arista Networks Trading Down 0.0%

Shares of ANET opened at $141.73 on Friday. Arista Networks, Inc. has a 1 year low of $83.86 and a 1 year high of $179.80. The stock has a 50 day simple moving average of $143.25 and a 200-day simple moving average of $137.87. The stock has a market cap of $178.47 billion, a PE ratio of 48.54, a PEG ratio of 2.24 and a beta of 1.67.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same period in the prior year, the firm posted $0.65 EPS. Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, sell-side analysts forecast that Arista Networks, Inc. will post 3.18 EPS for the current fiscal year.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Friday, May 1st. The stock was sold at an average price of $175.40, for a total value of $1,403,200.00. Following the completion of the transaction, the director owned 208,333 shares in the company, valued at approximately $36,541,608.20. The trade was a 3.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 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 completion of the transaction, the director owned 9,784 shares of the company’s stock, valued at approximately $1,497,636.88. The trade was a 12.48% 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. Insiders sold 1,502,729 shares of company stock worth $246,707,719 over the last 90 days. Company insiders own 3.39% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. UBS Group reissued a “buy” rating and set a $187.00 price objective (up from $177.00) on shares of Arista Networks in a report on Wednesday. Zacks Research raised Arista Networks from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Citigroup decreased their price objective on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a report on Wednesday. KeyCorp reissued an “overweight” rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Wells Fargo & Company lifted their price objective on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $182.83.

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.