Arista Networks, Inc. $ANET Shares Sold by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC cut its position in Arista Networks, Inc. (NYSE:ANET) by 39.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,670 shares of the technology company’s stock after selling 20,995 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Arista Networks were worth $4,615,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake 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 valued at $863,000 after acquiring an additional 5,955 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Arista Networks in the fourth quarter worth about $202,000. Bison Wealth LLC purchased a new position in Arista Networks in the fourth quarter valued at about $251,000. Sivia Capital Partners LLC grew its stake in Arista Networks by 48.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock valued at $1,097,000 after purchasing an additional 3,496 shares in the last quarter. Finally, Howard Capital Management Inc. increased its holdings in Arista Networks by 18.0% during the 2nd quarter. Howard Capital Management Inc. now owns 6,350 shares of the technology company’s stock worth $650,000 after purchasing an additional 969 shares during the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista 2.0 strategy gaining traction — company hit a 150M port milestone and is pushing AI-focused, SaaS/cloud networking products that position it to capture AI datacenter spending. This is the main bullish operational narrative investors are buying. Arista 2.0 Strategy Picks Up Steam
• Positive Sentiment: Street attention to AI exposure — media and some analysts call Arista an underrated AI/infra play, which can attract rotation interest into ANET if AI capex remains strong. 1 Underrated AI Stock to Buy
• Neutral Sentiment: Management presented at Bernstein Insights — useful for messaging and investor Q&A but no new financials; helps clarity on roadmap rather than immediate re-rate. Arista Presents at Bernstein Insights
• Neutral Sentiment: Sector context: peers like Ciena are also citing AI-driven demand and large backlogs — a supportive industry backdrop that can help Arista’s growth story but isn’t company-specific proof. Ciena to Report Q1 Earnings
• Negative Sentiment: Insider selling: Director Kelly Bodnar Battles sold 422 shares (~$54k) recently — a small position reduction but still a visible insider sale that can be cited by short-term traders. Director Sells 422 Shares
• Negative Sentiment: Technical/valuation friction: ANET is trading below its recent moving averages on lighter volume and carries a high multiple (PE ~47). Those factors can magnify downside on profit-taking or if AI capex commentary disappoints. ANET Stock Summary & Metrics

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Erste Group Bank cut Arista Networks from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. KeyCorp reaffirmed an “overweight” rating and issued a $178.00 price target (up from $170.00) on shares of Arista Networks in a report on Friday, February 13th. Wells Fargo & Company raised their price objective on shares of Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Morgan Stanley reissued an “overweight” rating and issued a $165.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Finally, UBS Group set a $200.00 price target on shares of Arista Networks in a research report on Tuesday. Seventeen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Arista Networks has a consensus rating of “Moderate Buy” and an average price target of $176.88.

Arista Networks Price Performance

ANET stock opened at $130.23 on Friday. The firm has a market cap of $163.64 billion, a price-to-earnings ratio of 47.18, a PEG ratio of 2.36 and a beta of 1.42. Arista Networks, Inc. has a 1-year low of $59.43 and a 1-year high of $164.94. The firm has a fifty day moving average price of $134.31 and a two-hundred day moving average price of $137.39.

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 net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.38 billion. During the same period in the previous year, the business posted $0.66 EPS. The company’s quarterly revenue was up 28.9% on a year-over-year basis. As a group, analysts expect that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Insider Buying and Selling at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of the company’s 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 of the company’s stock, valued at approximately $1,373,967.12. This represents a 44.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kelly Bodnar Battles sold 422 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $128.06, for a total value of $54,041.32. Following the completion of the sale, the director directly owned 9,529 shares in the company, valued at approximately $1,220,283.74. This trade represents a 4.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 194,422 shares of company stock worth $25,620,741 over the last ninety days. Company insiders own 3.39% of the company’s stock.

Arista Networks Company 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.