Citizens Financial Group Inc. RI Purchases 2,979 Shares of Arista Networks, Inc. $ANET

Citizens Financial Group Inc. RI lifted its position in shares of Arista Networks, Inc. (NYSE:ANET) by 17.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,976 shares of the technology company’s stock after acquiring an additional 2,979 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Arista Networks were worth $2,617,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its holdings 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 worth $863,000 after purchasing an additional 5,955 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in Arista Networks in the 4th quarter valued at approximately $202,000. Bison Wealth LLC acquired a new stake in Arista Networks during the 4th quarter worth approximately $251,000. Sivia Capital Partners LLC boosted its position 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 worth $1,097,000 after buying an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL grew its holdings in Arista Networks by 31.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Up 0.0%

ANET stock opened at $172.76 on Friday. The firm has a market cap of $217.53 billion, a price-to-earnings ratio of 62.59, a PEG ratio of 3.03 and a beta of 1.67. Arista Networks, Inc. has a 12-month low of $82.80 and a 12-month high of $179.80. The company’s fifty day simple moving average is $141.84 and its 200 day simple moving average is $137.69.

Arista Networks (NYSE:ANET) last issued its quarterly 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. 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 the consensus estimate of $2.38 billion. During the same period last year, the business posted $0.66 EPS. The business’s revenue was up 28.9% compared to the same quarter last year. Research analysts expect that Arista Networks, Inc. will post 3.17 earnings per share for the current year.

Insider Activity at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the transaction, the chief executive officer directly owned 5,209,207 shares of the company’s stock, valued at approximately $924,321,690.08. The trade was a 7.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 8,890 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $155.02, for a total value of $1,378,127.80. Following the completion of the transaction, the chief financial officer directly owned 60,734 shares in the company, valued at approximately $9,414,984.68. This trade represents a 12.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,502,729 shares of company stock worth $246,427,959 over the last quarter. 3.39% of the stock is owned by company insiders.

More Arista Networks News

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

• Positive Sentiment: Morgan Stanley expects Arista’s Q1 to benefit from new customer wins and margin resilience, reinforcing the view that demand tied to AI and hyperscale networking will support near-term revenue and profitability. Arista Networks’ Q1 Results to Benefit From New Customers, Margin Resilience, Morgan Stanley Says
• Positive Sentiment: Coverage previews highlight Arista’s AI networking momentum and the XPO platform launch as catalysts that have driven upward estimate revisions and stronger investor interest ahead of earnings. Should You Add ANET Stock to Your Portfolio Ahead of Q1 Earnings?
• Neutral Sentiment: Wall Street analyst consensus remains positive (average rating ~Buy), which supports sentiment but also suggests expectations are highly baked into the stock’s premium multiple. Wall Street Analysts See Arista Networks (ANET) as a Buy: Should You Invest?
• Neutral Sentiment: Arista is a trending stock on investor platforms — increased attention can amplify intraday moves but doesn’t guarantee direction without confirming earnings/guide. Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock
• Negative Sentiment: Several write-ups warn that Arista’s premium valuation and elevated expectations may limit upside if the company only meets (not exceeds) Q1 results or issues cautious guidance. That raises the risk of a pullback even with strong underlying demand trends. Should You Add ANET Stock to Your Portfolio Ahead of Q1 Earnings?

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ANET shares. Evercore restated an “outperform” rating and issued a $200.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Rosenblatt Securities raised shares of Arista Networks from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $165.00 to $180.00 in a research note on Tuesday, April 7th. Piper Sandler restated an “overweight” rating and issued a $175.00 price objective (up from $159.00) on shares of Arista Networks in a report on Friday, February 13th. UBS Group set a $200.00 target price on Arista Networks in a research report on Tuesday, February 24th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $180.00 target price on shares of Arista Networks in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $178.67.

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.