Three Seasons Wealth LLC Sells 8,940 Shares of Arista Networks, Inc. $ANET

Three Seasons Wealth LLC lowered its stake in Arista Networks, Inc. (NYSE:ANET) by 52.5% in the 4th quarter, HoldingsChannel reports. The fund owned 8,101 shares of the technology company’s stock after selling 8,940 shares during the period. Three Seasons Wealth LLC’s holdings in Arista Networks were worth $1,061,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Board of the Pension Protection Fund purchased a new stake in Arista Networks during the fourth quarter valued at approximately $26,000. AdvisorNet Financial Inc boosted its holdings in shares of Arista Networks by 56.7% in the 3rd quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after purchasing an additional 72 shares during the period. Knuff & Co LLC bought a new position in shares of Arista Networks during the 3rd quarter valued at approximately $29,000. Richardson Financial Services Inc. increased its position in shares of Arista Networks by 141.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock valued at $32,000 after purchasing an additional 130 shares during the last quarter. Finally, Quarry LP purchased a new stake in Arista Networks during the 3rd quarter valued at $33,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Truist initiated coverage with a Buy and set a $161 price target (roughly +31% from recent levels), calling out AI networking demand after the recent pullback — a clear analyst catalyst that can spur buying and revisions. Truist Initiates Arista Networks With 35% Upside
• Positive Sentiment: Management raised Arista’s 2026 revenue outlook, saying AI-related sales — especially from its AI Center business — will drive most incremental revenue; that guidance upgrade underpins expectations for continued top-line strength. Arista Networks AI Outlook Lifts 2026 Goals But Concentration Risks Grow
• Positive Sentiment: Broader AI-infrastructure ecosystem moves (NVIDIA’s NVLink Fusion expansion and ecosystem investments) increase demand for high-performance data-center networking where Arista competes, creating a second-order tailwind for ANET. 5 Stocks That Win Big From NVIDIA’s NVLink Fusion AI Ecosystem Expansion
• Neutral Sentiment: Arista’s operating margin has expanded (reported ~48.2%), driven by AI demand and scale — this supports higher profitability but raises the bar for sustaining those margins as volumes and product mix evolve. ANET’s Margin Expansion Moderates: Can Growth Be Sustained?
• Neutral Sentiment: Analyst commentary and comparisons (e.g., Ciena vs. Arista) highlight that Arista benefits from AI-driven networking but operates in a different segment than optical/WAN players — useful for portfolio positioning but not an immediate price driver. Ciena vs. Arista: Which Networking Stock Is the Better Buy?
• Negative Sentiment: Key risks: management flagged customer concentration and deferred hardware revenue recognition as items that can make results lumpy; hyperscaler spending shifts or contract timing could reverse momentum and increase volatility. Arista Networks AI Outlook Lifts 2026 Goals But Concentration Risks Grow
• Negative Sentiment: Stock recently pulled back (several recent sessions showed declines), reflecting short-term profit-taking and sensitivity to macro/AI cycle news; that volatility can amplify both upside and downside in the near term. Arista Networks (ANET) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $175.00 price objective (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. TD Cowen began coverage on shares of Arista Networks in a research note on Thursday, March 12th. They issued a “buy” rating and a $170.00 target price on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $165.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Finally, Truist Financial started coverage on shares of Arista Networks in a report on Tuesday. They set a “buy” rating and a $161.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Arista Networks currently has an average rating of “Moderate Buy” and a consensus target price of $175.61.

Arista Networks Trading Up 5.8%

Shares of NYSE:ANET opened at $122.85 on Wednesday. Arista Networks, Inc. has a 12-month low of $59.43 and a 12-month high of $164.94. The business’s fifty day simple moving average is $135.12 and its 200-day simple moving average is $136.39. The company has a market capitalization of $154.36 billion, a PE ratio of 44.51, a P/E/G ratio of 2.06 and a beta of 1.46.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data 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 30.37% and a net margin of 38.99%.The firm had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period in the prior year, the business posted $0.66 EPS. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. Research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current year.

Insiders Place Their Bets

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the completion of the sale, 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 filing with the SEC, which can be accessed through this hyperlink. Also, Director Yvonne Wassenaar sold 1,815 shares of the firm’s stock in a transaction dated 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 sale, the director owned 12,574 shares in the company, valued at $1,665,300.56. This represents a 12.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 199,632 shares of company stock worth $26,936,324. 3.54% of the stock is owned by corporate insiders.

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.