Glenmede Investment Management LP Lowers Stock Holdings in Arista Networks, Inc. $ANET

Glenmede Investment Management LP lessened its stake in Arista Networks, Inc. (NYSE:ANET) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 532,557 shares of the technology company’s stock after selling 85,061 shares during the period. Glenmede Investment Management LP’s holdings in Arista Networks were worth $77,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Jump Financial LLC lifted its position in Arista Networks by 65.5% during the 3rd quarter. Jump Financial LLC now owns 222,647 shares of the technology company’s stock worth $32,442,000 after acquiring an additional 88,147 shares during the period. Platinum Investment Management Ltd. grew its stake in shares of Arista Networks by 99.1% in the 3rd quarter. Platinum Investment Management Ltd. now owns 17,245 shares of the technology company’s stock valued at $2,513,000 after purchasing an additional 8,582 shares during the last quarter. Eisler Capital Management Ltd. acquired a new position in shares of Arista Networks in the third quarter valued at approximately $585,000. Family Management Corp purchased a new stake in shares of Arista Networks during the third quarter worth approximately $752,000. Finally, GeoWealth Management LLC raised its stake in shares of Arista Networks by 21.6% during the third quarter. GeoWealth Management LLC now owns 3,453 shares of the technology company’s stock worth $503,000 after purchasing an additional 613 shares during the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Arista Networks News Summary

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

• Positive Sentiment: Arista launched the XPO multi-source agreement and a 12.8 Tbps liquid‑cooled pluggable optics module that boosts rack density ~4x — this product is explicitly targeted at hyperscale AI data centers and could expand Arista’s addressable market and hardware ASPs. Arista Announces XPO High Density Liquid Cooled Pluggable Optics
• Positive Sentiment: CEO guidance and management commentary point to faster top‑line growth — management expects ~ $11B revenue in 2026 (vs ~$9B in 2025), reinforcing the AI-driven demand narrative. Arista (ANET) to Hit $11B in 2026 Revenues, $2B More Than 2025, Says CEO
• Positive Sentiment: Broker activity has turned constructive — TD Cowen initiated coverage with a Buy and $170 PT, and some outlets upgraded the stock citing accelerating AI networking demand and durable hyperscaler commitments. Those actions support upside vs. current levels. TD Cowen initiates Arista, Coherent and Ciena at buy
• Positive Sentiment: Independent upgrades highlight the stock’s breakout potential as valuation has contracted and FY2026 revenue is guided above ~25%, reinforcing the bullish case for longer-term multiple expansion if execution continues. Arista Networks: All Ready To Storm To New Highs (Upgrade)
• Neutral Sentiment: Technically, ANET is trading near its 50‑day moving average inside a base and is listed as an IBD Sector Leader — constructive technicals but not yet a confirmed breakout. Arista Holds Near Key Level As Outlook Brightens
• Negative Sentiment: Shares have pulled back and shown intraday weakness in recent sessions — short‑term volatility and profit‑taking are pressuring the stock despite positive headlines. Arista Networks (ANET) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Analysts note supply constraints and some gross‑margin pressure that could limit near‑term revenue upside despite strong bookings — a risk to quarterly cadence even as the multi‑year AI opportunity remains intact. Arista Networks: Why A Breakout Seems Likely (Rating Upgrade)

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. KeyCorp restated an “overweight” rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. UBS Group set a $200.00 target price on shares of Arista Networks in a research note on Tuesday, February 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $175.00 target price (up from $159.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Rosenblatt Securities boosted their price target on shares of Arista Networks from $140.00 to $165.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Arista Networks presently has an average rating of “Moderate Buy” and an average price target of $176.47.

Arista Networks Price Performance

Shares of ANET stock opened at $133.67 on Friday. The business’s fifty day moving average price is $134.86 and its 200 day moving average price is $137.30. The firm has a market capitalization of $167.96 billion, a PE ratio of 48.43, a P/E/G ratio of 2.38 and a beta of 1.46. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94.

Arista Networks (NYSE:ANET) last released its earnings results on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.07. The company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.Arista Networks’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. Equities research analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Yvonne Wassenaar sold 1,815 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $132.44, for a total value of $240,378.60. Following the completion of the sale, the director owned 12,574 shares in the company, valued at $1,665,300.56. This trade represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the sale, the director directly owned 9,784 shares in the company, valued at approximately $1,373,967.12. This represents a 44.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 196,237 shares of company stock worth $25,865,760 in the last 90 days. 3.39% 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.