Axxcess Wealth Management LLC Sells 4,719 Shares of Arista Networks, Inc. $ANET

Axxcess Wealth Management LLC reduced its holdings in Arista Networks, Inc. (NYSE:ANET) by 24.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,805 shares of the technology company’s stock after selling 4,719 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Arista Networks were worth $2,157,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of ANET. Global Trust Asset Management LLC lifted its holdings in shares of Arista Networks by 33.0% during the 3rd quarter. Global Trust Asset Management LLC now owns 19,273 shares of the technology company’s stock worth $2,808,000 after acquiring an additional 4,780 shares during the period. Rakuten Investment Management Inc. acquired a new position in Arista Networks during the third quarter valued at approximately $8,263,000. National Wealth Management Group LLC bought a new stake in Arista Networks during the third quarter worth $1,296,000. Vanguard Group Inc. lifted its stake in Arista Networks by 1.2% during the second quarter. Vanguard Group Inc. now owns 98,993,100 shares of the technology company’s stock worth $10,127,984,000 after purchasing an additional 1,136,167 shares during the last quarter. Finally, Holocene Advisors LP acquired a new stake in shares of Arista Networks in the 2nd quarter valued at $247,451,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Key Arista Networks News

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

• Positive Sentiment: Q4 results and metrics look strong: Arista reported an EPS and revenue beat for the quarter, with revenue up ~29% year-over-year and healthy margins — evidence of ongoing demand for its networking gear. Arista Q4 Results
• Positive Sentiment: Management and analysts emphasize AI networking as a growth driver for 2026 (expecting meaningful improvement in AI-related revenues) and see campus/branch networking as an additional growth vector — supportive for longer-term revenue growth. AI Revenue Outlook
• Positive Sentiment: Analyst write-ups highlight Arista’s software stack (EOS, CloudVision) and AI-ready, automated networking as competitive advantages versus peers — a bullish structural thesis for enterprise and hyperscaler spending. Zacks: Software Strength
• Neutral Sentiment: Valuation is getting scrutiny as the market balances growth/AI positioning against a premium multiple — analysts and commentators are reassessing whether the current price reflects the 2026 growth outlook. Valuation Piece
• Neutral Sentiment: Several comparison and “is it a buy” pieces contrast Arista with other connectivity/cloud stocks (ASTS, CCSI), which can influence relative flows and sector rotation but don’t change Arista’s fundamentals. ASTS vs ANET Zacks: Trending Peer Comparison
• Negative Sentiment: Insider selling: Kenneth Duda sold a total of 58,000 shares on Feb 17 at ~ $142.35–$142.44 (roughly $8.26M), reducing his holdings — a signal some investors interpret as caution or profit-taking and that can pressure near-term sentiment. SEC filing: Form 4

Arista Networks Trading Down 1.8%

NYSE:ANET opened at $136.97 on Friday. The stock’s 50-day moving average is $133.75 and its 200-day moving average is $137.42. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94. The stock has a market cap of $172.11 billion, a P/E ratio of 49.63, a price-to-earnings-growth ratio of 2.35 and a beta of 1.42.

Arista Networks (NYSE:ANET) last posted its earnings results on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.75 by $0.07. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same period last year, the company earned $0.66 EPS. The firm’s revenue was up 28.9% compared to the same quarter last year. As a group, equities analysts forecast that Arista Networks, Inc. will post 2.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ANET shares. Piper Sandler reissued an “overweight” rating and set a $175.00 price target (up previously from $159.00) on shares of Arista Networks in a report on Friday, February 13th. 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. Wells Fargo & Company boosted their target price on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $188.00 target price (up previously from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Evercore restated an “outperform” rating and issued a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Seventeen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Arista Networks currently has an average rating of “Moderate Buy” and an average price target of $175.44.

Insider Transactions at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the transaction, the director owned 9,784 shares in the company, valued at approximately $1,373,967.12. The trade was a 44.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jayshree Ullal sold 24,042 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $124.55, for a total value of $2,994,431.10. Following the completion of the sale, the chief executive officer owned 9,917 shares of the company’s stock, valued at $1,235,162.35. The trade was a 70.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 218,042 shares of company stock worth $28,561,131. Company insiders own 3.39% of the company’s stock.

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.