AE Wealth Management LLC Has $30.34 Million Position in Arista Networks, Inc. $ANET

Key Points

• AE Wealth Management raised its stake in Arista Networks by 14.7% in Q4, owning 231,579 shares worth approximately $30.34 million after buying an additional 29,677 shares.
• Analyst sentiment is broadly bullish—JPMorgan raised its price target to $200, Zacks upgraded to "strong‑buy," and the consensus rating is "Buy" with an average target near $177.83—supported by a recent quarter where Arista beat EPS expectations ($0.82 vs. $0.75) and reported revenue of $2.49B, up 28.9% year‑over‑year.
• Significant insider selling has occurred recently: CEO Jayshree Ullal sold 112,812 shares under a Rule 10b5‑1 plan and insiders have sold a total of 321,334 shares (~$45.19M) in the past 90 days, leaving insiders with about 3.39% ownership.

AE Wealth Management LLC raised its position in Arista Networks, Inc. (NYSE:ANET - Free Report) by 14.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 231,579 shares of the technology company's stock after buying an additional 29,677 shares during the quarter. AE Wealth Management LLC's holdings in Arista Networks were worth $30,344,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc increased its position in Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company's stock worth $29,000 after acquiring an additional 72 shares during the period. Knuff & Co LLC bought a new stake in Arista Networks in the 3rd quarter valued at about $29,000. Board of the Pension Protection Fund acquired a new position in shares of Arista Networks during the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. grew 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 worth $32,000 after purchasing an additional 130 shares in the last quarter. Finally, Quarry LP bought a new position in shares of Arista Networks during the third quarter worth approximately $33,000. Institutional investors own 82.47% of the company's stock.

Arista Networks News Summary

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

• Positive Sentiment: JPMorgan raised its price target on ANET to $200 and reiterated an "overweight" rating, implying ~24% upside versus the recent share price — a clear catalyst for buying interest. JPMorgan raises ANET price target to $200
• Positive Sentiment: Zacks upgraded Arista from "hold" to "strong‑buy", which can attract retail momentum flows and algorithmic buying. Zacks upgrades ANET to strong-buy
• Positive Sentiment: Brokerage coverage remains tilted bullish (Needham, UBS, Susquehanna and others raising targets or assigning buy/strong‑buy ratings), supporting multiple expansion expectations. MarketBeat analyst roundup on ANET
• Neutral Sentiment: Peer data shows AI networking demand is broadening: Cisco reported strong AI‑driven growth and Ciena is boosting capex — this confirms a market tailwind for vendors like Arista but also signals intensifying competition and supply dynamics. Cisco's AI Networking Surge Gathers Momentum Ciena's Capex Acceleration
• Neutral Sentiment: Short‑term momentum articles note Arista has outperformed the broader market in recent sessions — this can amplify intraday moves but doesn't change fundamentals. Arista outperforms broader market
• Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares (avg. $150.11) under a pre‑arranged Rule 10b5‑1 plan, cutting her reported direct stake ~92%. Large insider sales can weigh on sentiment despite being planned trades. CEO Jayshree Ullal Sells 112,812 Shares

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Needham & Company LLC boosted their price target on Arista Networks from $165.00 to $185.00 and gave the company a "buy" rating in a research note on Friday, February 13th. Barclays restated an "overweight" rating and set a $184.00 price objective (up from $183.00) on shares of Arista Networks in a research note on Friday, February 13th. Weiss Ratings upgraded Arista Networks from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday. Zacks Research raised Arista Networks from a "hold" rating to a "strong-buy" rating in a report on Monday. Finally, Wells Fargo & Company raised their price target on Arista Networks from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Friday, February 13th. Three research 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. According to MarketBeat.com, Arista Networks has a consensus rating of "Buy" and an average target price of $177.83.

Arista Networks Price Performance

NYSE ANET opened at $160.77 on Friday. The business has a fifty day moving average price of $135.66 and a two-hundred day moving average price of $136.25. The stock has a market capitalization of $202.01 billion, a PE ratio of 58.25, a PEG ratio of 2.72 and a beta of 1.48. Arista Networks, Inc. has a fifty-two week low of $66.59 and a fifty-two week high of $164.94.

Arista Networks (NYSE:ANET - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.07. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. During the same quarter last year, the company posted $0.66 EPS. The company's revenue for the quarter was up 28.9% compared to the same quarter last year. As a group, sell-side analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Kenneth Duda sold 32,000 shares of the stock in a transaction dated 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 transaction, the insider owned 12,976 shares of the company's stock, valued at approximately $1,740,600.64. This represents a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jayshree Ullal sold 112,812 shares of the firm's stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $150.11, for a total transaction of $16,934,209.32. Following the completion of the sale, the chief executive officer owned 9,917 shares in the company, valued at approximately $1,488,640.87. The trade was a 91.92% 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 sold a total of 321,334 shares of company stock worth $45,185,941 in the last ninety days. Insiders own 3.39% of the company's stock.

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.

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