Bowen Hanes & Co. Inc. Buys Shares of 325,000 Arista Networks, Inc. $ANET

Bowen Hanes & Co. Inc. purchased a new stake in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 325,000 shares of the technology company's stock, valued at approximately $47,356,000.

• Can ‘Year of Refresh’ Thesis Reignite Arista’s AI Growth Story?

A number of other large investors have also modified their holdings of the company. Brighton Jones LLC grew its position in Arista Networks by 321.7% in the 4th 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 last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Arista Networks during the fourth quarter worth approximately $202,000. Bison Wealth LLC acquired a new position in shares of Arista Networks during the fourth quarter worth approximately $251,000. Sivia Capital Partners LLC grew its holdings in Arista Networks by 48.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company's stock worth $1,097,000 after buying an additional 3,496 shares in the last quarter. Finally, D.A. Davidson & CO. increased its position in Arista Networks by 2.3% in the 2nd quarter. D.A. Davidson & CO. now owns 20,912 shares of the technology company's stock valued at $2,140,000 after acquiring an additional 461 shares during the period. Institutional investors and hedge funds own 82.47% of the company's stock.

Insider Buying and Selling

In related news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $140.43, for a total value of $1,123,440.00. Following the transaction, the director 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jayshree Ullal sold 24,042 shares of the business's stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $124.55, for a total value of $2,994,431.10. Following the sale, the chief executive officer owned 9,917 shares in the company, valued at approximately $1,235,162.35. The trade was a 70.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 218,042 shares of company stock worth $28,561,131 in the last three months. 3.39% of the stock is currently owned by insiders.

Arista Networks News Summary

• 3 Stocks With Analyst Revisions That Could Drive Earnings Surprises

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

• Positive Sentiment: Analyst write-ups highlight Arista’s software-led differentiation — Zacks notes Arista’s EOS and CloudVision give it an “AI‑ready,” automated networking edge for enterprises and hyperscalers, supporting durable revenue and margin expansion. This underpins growth expectations and helps justify a premium multiple. Can Arista's High-Performance Network Software Fuel Its Future Growth?
• Positive Sentiment: Recent fundamental results remain supportive: Arista’s Feb. 12 quarter beat on EPS and revenue with high margins and ~29% YoY revenue growth, which helps justify analyst upside and a high P/E relative to peers. (Background earnings release)
• Positive Sentiment: Sector-performance pieces show ANET has outperformed many computer & technology peers so far this year, reinforcing momentum and attracting momentum/sector rotation flows. Is Arista Networks (ANET) Stock Outpacing Its Computer and Technology Peers This Year?
• Neutral Sentiment: Analysts’ views are mixed — The Globe and Mail roundup notes differing analyst opinions across Arista and other tech names, indicating no clear consensus on near-term upside vs. valuation risk. Mixed analyst commentary can increase intraday volatility but doesn't decisively move fundamentals. Analysts’ Opinions Are Mixed on These Technology Stocks
• Neutral Sentiment: Comparative pieces (e.g., sector/company comparisons) provide context but are unlikely to drive large moves unless they change earning forecasts or market share assumptions. Comparing Consensus Cloud Solutions & Arista Networks
• Negative Sentiment: Insider selling: SEC filings show Kenneth Duda disclosed sizable sales (reported on Feb. 17), totaling tens of thousands of shares at ~\$142 per share. Large insider disposals can spook investors and add downward pressure even when management says sales are for personal reasons. SEC Form 4 — Insider Sale

Arista Networks Price Performance

Shares of ANET opened at $132.72 on Friday. The firm's 50 day moving average is $133.91 and its 200-day moving average is $137.64. The stock has a market capitalization of $166.76 billion, a P/E ratio of 48.09, a P/E/G ratio of 2.51 and a beta of 1.42. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $164.94.

• 3 AI and Cloud Stocks With Analyst Conviction and Long Runways

Arista Networks (NYSE:ANET - Get Free Report) last issued its 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. The firm had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The firm's revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period last year, the firm posted $0.66 earnings per share. As a group, equities research analysts forecast that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Erste Group Bank lowered Arista Networks from a "buy" rating to a "hold" rating in a research report on Monday, November 10th. Needham & Company LLC upped their price objective on shares of Arista Networks from $165.00 to $185.00 and gave the stock a "buy" rating in a report on Friday, February 13th. Weiss Ratings reissued a "hold (c+)" rating on shares of Arista Networks in a research note on Monday, December 29th. KeyCorp reaffirmed an "overweight" rating and issued a $178.00 price target (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, Evercore reiterated an "outperform" rating and set a $200.00 price objective on shares of Arista Networks in a research note on Friday, February 13th. Seventeen 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 presently has a consensus rating of "Moderate Buy" and an average target price of $175.44.

Check Out Our Latest Stock Analysis on ANET

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.

Featured Stories

• Five stocks we like better than Arista Networks
• ~$1.5T SpaceX IPO: Pre-IPO Opportunity
• Gold $5,000: The 2026 Gold & Silver Summit is LIVE March 4
• How a Family Trust May Be Able To Help Preserve Your Wealth
• This makes me furious
• Elon Musk: This Could Turn $100 into $100,000

Want to see what other hedge funds are holding ANET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arista Networks, Inc. (NYSE:ANET - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Arista Networks Right Now?

Before you consider Arista Networks, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arista Networks wasn't on the list.

While Arista Networks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here