WealthPlan Investment Management LLC Increases Stake in Arista Networks, Inc. $ANET

WealthPlan Investment Management LLC lifted its stake in Arista Networks, Inc. (NYSE:ANET) by 18.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,650 shares of the technology company’s stock after purchasing an additional 4,095 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Arista Networks were worth $3,492,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANET. Board of the Pension Protection Fund purchased a new position in shares of Arista Networks in the 4th quarter valued at approximately $26,000. Knuff & Co LLC purchased a new position in shares of Arista Networks in the 3rd quarter valued at approximately $29,000. Ameliora Wealth Management Ltd. purchased a new position in shares of Arista Networks in the 4th quarter valued at approximately $30,000. Richardson Financial Services Inc. raised its position in shares of Arista Networks by 141.3% in 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 position in shares of Arista Networks in the 3rd quarter valued at approximately $33,000. 82.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on ANET. Morgan Stanley reaffirmed an “overweight” rating and issued a $180.00 price objective on shares of Arista Networks in a research report on Friday, May 1st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Barclays reaffirmed an “overweight” rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. JPMorgan Chase & Co. increased their price target on shares of Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $181.00 price target (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Arista Networks has an average rating of “Buy” and an average price target of $181.84.

Insider Activity at Arista Networks

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

Key Headlines Impacting 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 Trading Down 3.9%

Shares of NYSE:ANET opened at $141.98 on Friday. Arista Networks, Inc. has a twelve month low of $83.86 and a twelve month high of $179.80. The company’s 50 day moving average is $144.57 and its 200 day moving average is $137.64. The company has a market cap of $178.78 billion, a PE ratio of 48.62, a price-to-earnings-growth ratio of 2.19 and a beta of 1.67.

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, topping the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the company earned $0.65 EPS. Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts predict that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.

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.