Arista Networks, Inc. $ANET Shares Sold by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP lessened its position in shares of Arista Networks, Inc. (NYSE:ANET) by 2.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 693,427 shares of the technology company’s stock after selling 15,446 shares during the quarter. Arista Networks comprises 0.3% of Hudson Bay Capital Management LP’s investment portfolio, making the stock its 16th biggest holding. Hudson Bay Capital Management LP owned about 0.06% of Arista Networks worth $101,039,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ANET. Global Trust Asset Management LLC boosted its stake in shares of Arista Networks by 33.0% during the third quarter. Global Trust Asset Management LLC now owns 19,273 shares of the technology company’s stock worth $2,808,000 after buying an additional 4,780 shares during the period. Rakuten Investment Management Inc. purchased a new position in shares of Arista Networks during the third quarter worth about $8,263,000. National Wealth Management Group LLC acquired a new position in Arista Networks in the 3rd quarter valued at about $1,296,000. Holocene Advisors LP acquired a new position in Arista Networks in the 2nd quarter valued at about $247,451,000. Finally, Three Seasons Wealth LLC purchased a new stake in Arista Networks during the 3rd quarter valued at approximately $2,483,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insiders Place Their Bets

In other Arista Networks news, Director Yvonne Wassenaar sold 1,395 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $134.34, for a total value of $187,404.30. Following the completion of the sale, the director owned 11,179 shares of the company’s stock, valued at approximately $1,501,786.86. This trade represents a 11.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $128.67, for a total transaction of $1,029,360.00. Following the sale, the director owned 1,784 shares in the company, valued at $229,547.28. The trade was a 81.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 141,632 shares of company stock worth $19,156,204 in the last ninety days. 3.39% of the stock is owned by insiders.

Arista Networks Trading Up 2.3%

NYSE ANET opened at $136.15 on Thursday. The stock has a market capitalization of $171.08 billion, a price-to-earnings ratio of 49.33, a PEG ratio of 2.36 and a beta of 1.46. The business’s 50 day moving average is $134.95 and its two-hundred day moving average is $137.31. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $164.94.

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

Wall Street Analyst Weigh In

ANET has been the subject of a number of recent research reports. KeyCorp reaffirmed 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. Evercore reissued an “outperform” rating and issued a $200.00 target price on shares of Arista Networks in a report on Friday, February 13th. TD Cowen started coverage on Arista Networks in a report on Thursday, March 12th. They set a “buy” rating and a $170.00 price target for the company. Barclays reiterated an “overweight” rating and issued a $184.00 price objective (up from $183.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. Eighteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Arista Networks presently has an average rating of “Moderate Buy” and an average price target of $176.47.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Announced a new high‑capacity optics module (XPO) capable of multi‑Tbps throughput—strengthens Arista’s product roadmap for hyperscale AI networking and supports future revenue from AI data centers. Arista Networks (ANET) Announces Agreement For New Optics Module
• Positive Sentiment: Industry commentary highlights Arista as a core player in the “fabric” that ties large AI clusters together—narrative reinforces durable demand for switching/telemetry products among cloud and AI customers. Arista Networks Is Powering The Fabric That Powers AI
• Positive Sentiment: Third‑party investor signals and media attention (including long‑running bullish mentions) keep Arista in AI‑infrastructure conversations—helps attract momentum investors and funds targeting AI plays. Jim Cramer Was Bullish On Arista (ANET) In February 2025 – Stock Is Up By 37%+ Since Then
• Neutral Sentiment: Market recaps note ANET outperformed while the broader market dipped—coverage attributes the move to Arista’s AI exposure and recent earnings beat, reinforcing the same bullish catalysts rather than adding new ones. Why the Market Dipped But Arista Networks (ANET) Gained Today
• Neutral Sentiment: Analyst/industry pieces (TD Cowen, Trefis) frame Arista within a broader AI‑infrastructure trade—positive for sector sentiment, but actual upside depends on hyperscaler spend and wins vs. peers. 2 AI Infrastructure Stocks TD Cowen Thinks Investors Should Own
• Neutral Sentiment: Comparative analyst writeups (Celestica vs Arista) highlight differing growth drivers and risks; useful for relative valuation/positioning but not an immediate stock catalyst. Celestica vs. Arista: Which AI Infrastructure Stock is a Better Buy?
• Negative Sentiment: Valuation and volatility remain risks—ANET trades at a high P/E and has above‑market beta, so positive news may already be priced in and downside could be sharp if AI capex slows.

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.