Northwestern Mutual Wealth Management Co. Reduces Stock Holdings in Arista Networks, Inc. $ANET

Northwestern Mutual Wealth Management Co. lowered its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 63.5% during the fourth quarter, Holdings Channel reports. The fund owned 182,603 shares of the technology company’s stock after selling 317,588 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Arista Networks were worth $24,005,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ANET. Brighton Jones LLC boosted its stake in shares of Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after acquiring an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Arista Networks during the fourth quarter valued at $202,000. Bison Wealth LLC acquired a new stake in shares of Arista Networks during the fourth quarter valued at $251,000. Sivia Capital Partners LLC boosted its stake in shares of Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock valued at $1,097,000 after acquiring an additional 3,496 shares during the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in shares of Arista Networks by 31.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock valued at $429,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: Raymond James upgraded Arista Networks to Outperform from Market Perform and raised its price target to $164, citing improving revenue growth prospects into 2027 and beyond. Raymond James flips Arista (ANET) to outperform with $164 target
• Positive Sentiment: Coverage around Arista highlighted it as a key beneficiary of AI data center networking upgrades, reinforcing the view that the company is well positioned for secular demand from next-generation cloud and AI infrastructure. Why Arista Networks (ANET) Is Central to AI Data Center Networking Upgrades
• Positive Sentiment: Recent articles also pointed to Arista’s strong Q1 results, with revenue up 35.1% year over year to $2.71 billion and guidance for about $2.8 billion in Q2 revenue, supporting the growth narrative. Arista Networks, Inc. (ANET): Among Stocks That Will Make You Rich Over the Next Decade
• Neutral Sentiment: Arista’s presentation at J.P. Morgan’s technology conference kept the stock in focus, but the transcript itself did not add a clearly new catalyst beyond the existing growth story. Arista Networks, Inc. (ANET) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

Wall Street Analyst Weigh In

A number of research firms recently commented on ANET. Weiss Ratings raised Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday. Truist Financial set a $175.00 price objective on Arista Networks in a research note on Wednesday, May 6th. Barclays reaffirmed an “overweight” rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research note on Thursday, May 7th. Rosenblatt Securities increased their price objective on Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $180.00 price objective on shares of Arista Networks in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $181.84.

Arista Networks Trading Down 0.1%

Shares of NYSE:ANET opened at $141.50 on Wednesday. The stock’s 50-day moving average price is $144.78 and its two-hundred day moving average price is $137.26. Arista Networks, Inc. has a 12-month low of $83.86 and a 12-month high of $179.80. The firm has a market cap of $178.18 billion, a price-to-earnings ratio of 48.46, a PEG ratio of 2.18 and a beta of 1.67.

Arista Networks (NYSE:ANET) last issued its quarterly 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 firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same period last year, the company earned $0.65 EPS. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, research analysts forecast that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In other news, Director Yvonne Wassenaar sold 1,395 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $153.07, for a total value of $213,532.65. Following the transaction, the director directly owned 9,784 shares in the company, valued at $1,497,636.88. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The stock was 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 owned 60,734 shares in the company, valued at approximately $9,414,984.68. This trade represents a 12.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,444,729 shares of company stock worth $238,448,539 in the last quarter. 2.70% of the stock is currently owned by corporate insiders.

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.