Pacific Point Advisors LLC Sells 5,159 Shares of Arista Networks, Inc. $ANET

Pacific Point Advisors LLC decreased its stake in Arista Networks, Inc. (NYSE:ANET) by 26.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 14,606 shares of the technology company’s stock after selling 5,159 shares during the quarter. Arista Networks makes up about 1.2% of Pacific Point Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Pacific Point Advisors LLC’s holdings in Arista Networks were worth $2,128,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings 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 worth $863,000 after purchasing an additional 5,955 shares during the period. Revolve Wealth Partners LLC acquired a new stake in shares of Arista Networks in the fourth quarter valued at about $202,000. Bison Wealth LLC bought a new position in shares of Arista Networks during the fourth quarter worth about $251,000. Sivia Capital Partners LLC boosted its holdings in Arista Networks by 48.4% in 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, Harbour Investments Inc. increased its position in Arista Networks by 11.1% during the 2nd quarter. Harbour Investments Inc. now owns 1,804 shares of the technology company’s stock valued at $185,000 after purchasing an additional 180 shares during the period. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Price Performance

Shares of ANET opened at $141.46 on Friday. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $164.94. The company has a market cap of $178.13 billion, a PE ratio of 51.25, a P/E/G ratio of 2.28 and a beta of 1.42. The stock has a 50-day moving average of $133.05 and a 200-day moving average of $136.87.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.07. Arista Networks had a return on equity of 31.34% and a net margin of 38.99%.The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same period in the prior year, the business earned $0.66 EPS. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. Analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Arista Networks News Summary

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

• Positive Sentiment: Reported stronger-than-expected Q4 results: EPS $0.82 vs. $0.75 est., revenue $2.49B (+28.9% YoY) and record net income; company raised AI revenue targets and issued revenue guidance above Street estimates, supporting the AI-driven growth narrative. Read More.
• Positive Sentiment: Analysts are lifting price targets and turning more bullish (Wells Fargo, Needham, Rosenblatt among those raising targets/ratings), giving additional analyst-driven momentum to the stock. Read More.
• Positive Sentiment: Market views Arista as outperforming peers (notably Cisco) by managing supply-chain pressures and capturing hyperscaler AI capex, which supports margin resilience and share gains. Read More.
• Neutral Sentiment: Management said Arista is diversifying accelerator support: deployments that were ~99% Nvidia a year ago now include ~20–25% AMD — a strategic shift that increases customer options but alters vendor dynamics. Traders note this may be weighing on GPU vendor stocks while benefiting Arista’s flexibility. Read More.
• Neutral Sentiment: Unusually high options activity is signaling elevated trader interest/positioning ahead of and after earnings. Read More.
• Negative Sentiment: Valuation is rich (ANET trades at a high P/E), and some commentary asks whether the recent run (one-year gains) leaves less margin for error if growth slows. This could temper longer-term upside. Read More.
• Negative Sentiment: Rising component/memory costs are a sector-wide headwind; management says it’s mitigating impacts via purchase commitments, but cost pressure remains a watch item for margins. Read More.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ANET. Needham & Company LLC boosted their price target on shares of Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday. Evercore ISI restated an “outperform” rating and issued a $200.00 target price on shares of Arista Networks in a report on Friday. Piper Sandler reiterated an “overweight” rating and set a $175.00 price target (up from $159.00) on shares of Arista Networks in a report on Friday. Morgan Stanley reissued an “overweight” rating and issued a $165.00 price objective on shares of Arista Networks in a research note on Friday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $188.00 target price (up previously from $165.00) on shares of Arista Networks in a research note on Friday. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.41.

Insider Buying and Selling

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total value of $1,123,440.00. Following the transaction, the director directly owned 9,784 shares of the company’s stock, valued at approximately $1,373,967.12. This trade represents a 44.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kenneth Duda sold 30,000 shares of Arista Networks stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $123.16, for a total transaction of $3,694,800.00. Following the transaction, the insider owned 12,976 shares of the company’s stock, valued at $1,598,124.16. This represents a 69.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 216,464 shares of company stock worth $27,553,548 in the last ninety days. Corporate 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.