Left Brain Wealth Management LLC Sells 3,701 Shares of Arista Networks, Inc. $ANET

Left Brain Wealth Management LLC reduced its position in shares of Arista Networks, Inc. (NYSE:ANET) by 4.5% during the fourth quarter, HoldingsChannel reports. The firm owned 77,819 shares of the technology company’s stock after selling 3,701 shares during the quarter. Arista Networks comprises about 3.5% of Left Brain Wealth Management LLC’s holdings, making the stock its 7th largest holding. Left Brain Wealth Management LLC’s holdings in Arista Networks were worth $10,197,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Phoenix Financial Ltd. lifted its position in shares of Arista Networks by 30.0% during the fourth quarter. Phoenix Financial Ltd. now owns 19,347 shares of the technology company’s stock worth $2,534,000 after purchasing an additional 4,466 shares in the last quarter. AustralianSuper Pty Ltd lifted its position in shares of Arista Networks by 22.8% during the fourth quarter. AustralianSuper Pty Ltd now owns 684,003 shares of the technology company’s stock worth $89,625,000 after purchasing an additional 126,904 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Arista Networks by 13.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 436,959 shares of the technology company’s stock worth $57,353,000 after buying an additional 51,320 shares during the last quarter. Triton Wealth Management PLLC bought a new stake in shares of Arista Networks in the fourth quarter worth $275,000. Finally, New York Life Investment Management LLC increased its stake in shares of Arista Networks by 3.4% in the fourth quarter. New York Life Investment Management LLC now owns 145,546 shares of the technology company’s stock worth $19,071,000 after buying an additional 4,753 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total transaction of $75,944,320.00. Following the transaction, the chief executive officer owned 5,209,207 shares in the company, valued at $924,321,690.08. This trade represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the completion of the sale, the insider directly owned 12,976 shares of the company’s stock, valued at $1,740,600.64. This represents a 71.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,502,729 shares of company stock worth $246,707,719. Corporate insiders own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ANET. Truist Financial set a $175.00 price target on shares of Arista Networks in a research note on Wednesday, May 6th. KeyCorp restated 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. Wells Fargo & Company lifted their price target on shares of Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. The Goldman Sachs Group restated a “buy” rating and issued a $188.00 price target (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, TD Cowen restated a “buy” rating and issued a $200.00 price target (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $181.84.

Arista Networks Stock Down 3.9%

Shares of ANET opened at $141.98 on Friday. The firm has a 50-day moving average price of $144.57 and a 200 day moving average price of $137.64. The firm has a market capitalization of $178.78 billion, a PE ratio of 48.62, a P/E/G ratio of 2.28 and a beta of 1.67. Arista Networks, Inc. has a 52-week low of $83.86 and a 52-week high of $179.80.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities analysts expect that Arista Networks, Inc. will post 3.26 EPS for the current year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Reuters-based 13-F filings show institutional investors added to or started positions in major AI infrastructure names, including Arista Networks, signaling continued professional buying interest in the company’s long-term AI networking story. Institutional investors boosted holdings of AI infrastructure plays during first quarter
• Positive Sentiment: Raymond James upgraded Arista to Outperform, citing share gains in AI-backend and campus networking, plus demand from major customers such as Meta Platforms and Microsoft. Arista upgraded to outperform as it gains share in AI-backend and campus: Raymond James
• Positive Sentiment: Truist said Arista’s post-earnings pullback may be an attractive buying opportunity, keeping the name on bullish watch lists as investors weigh strong underlying demand against near-term volatility. Truist Views Arista Networks (ANET)’s Post-Q1 Sell-Off As An Attractive Buying Opportunity
• Neutral Sentiment: Several recent articles compare Arista with other AI-related stocks and question whether the rally has already priced in much of the upside, which may be adding to investor caution after a strong multi-year run. Is It Too Late To Consider Arista Networks (ANET) After Strong Multi Year Share Gains?
• Neutral Sentiment: Other coverage notes Arista’s AI demand remains strong, but supply-chain constraints and margin pressure could limit near-term upside even as revenue guidance stays solid. AI-Fueled Demand Amid Supply Strains Might Change The Case For Investing In Arista Networks (ANET)
• Negative Sentiment: One analyst-style comparison argued Jabil looks stronger than Arista on valuation and AI data-center exposure, reflecting some relative-value skepticism toward ANET. Arista vs. Jabil: Which AI-Driven Tech Stock Looks Stronger Now?

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.