NorthCrest Asset Manangement LLC Buys 8,432 Shares of Arista Networks, Inc. $ANET

NorthCrest Asset Manangement LLC grew its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 60.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,412 shares of the technology company’s stock after buying an additional 8,432 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Arista Networks were worth $3,075,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gryphon Financial Partners LLC raised its stake in Arista Networks by 6.1% during the 4th quarter. Gryphon Financial Partners LLC now owns 7,711 shares of the technology company’s stock worth $1,010,000 after acquiring an additional 441 shares during the period. Wedmont Private Capital lifted its holdings in Arista Networks by 1.1% during the fourth quarter. Wedmont Private Capital now owns 20,362 shares of the technology company’s stock valued at $2,649,000 after purchasing an additional 221 shares in the last quarter. Signet Financial Management LLC boosted its position in shares of Arista Networks by 0.6% in the fourth quarter. Signet Financial Management LLC now owns 74,047 shares of the technology company’s stock worth $9,702,000 after purchasing an additional 438 shares during the period. Lake Street Private Wealth LLC boosted its position in shares of Arista Networks by 21.8% in the fourth quarter. Lake Street Private Wealth LLC now owns 2,034 shares of the technology company’s stock worth $267,000 after purchasing an additional 364 shares during the period. Finally, Parisi Gray Wealth Management increased its stake in shares of Arista Networks by 4.7% in the fourth quarter. Parisi Gray Wealth Management now owns 10,479 shares of the technology company’s stock worth $1,373,000 after purchasing an additional 469 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Yvonne Wassenaar sold 1,815 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $132.44, for a total transaction of $240,378.60. Following the completion of the transaction, the director directly owned 12,574 shares of the company’s stock, valued at approximately $1,665,300.56. This trade represents a 12.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 199,632 shares of company stock worth $26,936,324 in the last quarter. 3.54% of the stock is owned by corporate insiders.

Arista Networks Stock Down 3.8%

ANET opened at $131.05 on Monday. The company has a market capitalization of $164.67 billion, a PE ratio of 47.48, a price-to-earnings-growth ratio of 2.32 and a beta of 1.46. The firm has a 50-day simple moving average of $135.36 and a two-hundred day simple moving average of $137.27. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94.

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

Arista Networks News Summary

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

• Positive Sentiment: Broker bullishness: Evercore reiterated an Outperform and a $200 target after AI infrastructure announcements; Goldman Sachs has also stayed positive with an elevated target — these analyst calls support upside expectations for ANET. Read More.
• Positive Sentiment: Media/momentum tailwinds: Jim Cramer coverage and repeated positive write-ups have helped lift investor sentiment; ANET has shown notable share gains since those endorsements, reinforcing retail/institutional interest. Read More.
• Positive Sentiment: Analyst consensus and targets remain above current levels (consensus target ~ $176+), indicating upside from current prices if growth and AI-networking demand continue. Read More.
• Neutral Sentiment: Peer comparison: Coverage comparing Arista to Broadcom frames ANET as an AI networking leader but highlights trade-offs versus larger incumbents — useful context for longer-term allocation decisions but not an immediate catalyst. Read More.
• Neutral Sentiment: Analyst activity and company profile coverage (MarketBeat summaries) reinforce a “moderate buy” consensus and reiterate Arista’s strong fundamentals and AI/data‑center positioning — supportive background but not a fresh catalyst. Read More.
• Negative Sentiment: Insider selling — CTO Kenneth Duda reported large sales (26k and 32k shares at ~ $134), reducing his position materially; sizable insider disposals can pressure sentiment short-term even if company fundamentals remain intact. Read More.
• Negative Sentiment: Director sale — Director Yvonne Wassenaar sold 1,395 shares, a smaller but visible insider sale disclosed to the SEC; additional insider sales add to near-term bearish signals. Read More.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ANET shares. UBS Group set a $200.00 price objective on shares of Arista Networks in a research report 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. Wells Fargo & Company increased their price target on Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Morgan Stanley restated an “overweight” rating and issued a $165.00 price objective on shares of Arista Networks in a research report on Friday, February 13th. Finally, Needham & Company LLC upped their price objective on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $176.47.

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.