Arista Networks, Inc. $ANET Holdings Trimmed by Goelzer Investment Management Inc.

Key Points

• Goelzer Investment Management trimmed its Arista stake by 18.5%, selling 8,975 shares to leave 39,605 shares worth about $5.19M, while institutional investors own 82.47% of ANET.
• Major analysts remain bullish, with Morgan Stanley, Barclays, Evercore, Piper Sandler and UBS issuing price targets of $165–$200 and a MarketBeat consensus rating of Moderate Buy with a consensus target of $176.47.
• Insiders have sold 199,632 shares worth about $26.9M in the past 90 days (insiders own 3.39%), even as Arista reported an EPS beat ($0.82 vs. $0.75) and revenue growth of 28.9% year‑over‑year.

Goelzer Investment Management Inc. reduced its position in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 18.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,605 shares of the technology company's stock after selling 8,975 shares during the quarter. Goelzer Investment Management Inc.'s holdings in Arista Networks were worth $5,189,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of ANET. Brighton Jones LLC raised its position in Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company's stock valued at $863,000 after buying an additional 5,955 shares during the period. Revolve Wealth Partners LLC acquired a new stake in Arista Networks during the 4th quarter worth about $202,000. Bison Wealth LLC acquired a new stake in Arista Networks during the 4th quarter worth about $251,000. Sivia Capital Partners LLC grew its stake 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 valued at $1,097,000 after acquiring an additional 3,496 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC grew its stake in Arista Networks by 10.2% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 7,539 shares of the technology company's stock valued at $771,000 after acquiring an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 82.47% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ANET. Morgan Stanley reissued an "overweight" rating and issued a $165.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Barclays reaffirmed an "overweight" rating and set a $184.00 price objective (up from $183.00) on shares of Arista Networks in a research report on Friday, February 13th. Evercore reiterated an "outperform" rating and issued a $200.00 price objective on shares of Arista Networks in a research note on Friday, February 13th. Piper Sandler reiterated an "overweight" rating and issued a $175.00 target price (up from $159.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, UBS Group set a $200.00 price target on shares of Arista Networks in a report on Tuesday, February 24th. Eighteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $176.47.

Arista Networks News Summary

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

• Positive Sentiment: Erste Group raised FY2026 and FY2027 EPS forecasts for Arista, a modest lift to forward earnings expectations that supports longer‑term growth assumptions. Erste Group raises EPS estimates (MarketBeat)
• Positive Sentiment: The Motley Fool argues Arista is "quietly winning the AI race," highlighting Arista’s strength in high‑performance networking for large data centers — a structural tailwind as AI infrastructure spending grows. The 1 Reason Arista Networks Is Quietly Winning the AI Race in 2026
• Neutral Sentiment: Zacks highlights Arista as a "strong growth stock" using style scores, which may attract growth‑oriented investors but is not new fundamental news. Here's Why Arista Networks (ANET) is a Strong Growth Stock
• Neutral Sentiment: Zacks also flags ANET as a trending/most‑searched stock, signaling heightened retail/institutional attention that can increase short‑term volatility without changing fundamentals. Arista Networks, Inc. (ANET) Is a Trending Stock
• Neutral Sentiment: Analyses assessing Arista’s valuation note mixed near‑term returns versus strong multi‑year shareholder gains — a reminder valuation could cap upside after a big run. Assessing Arista Networks (ANET) Valuation
• Negative Sentiment: Coverage on Nvidia’s networking unit shows NVDA scaling into high‑speed interconnects for AI — a competitive dynamic that could pressure Arista on pricing and market share in GPU‑dense data centers. Is NVDA's Networking Unit Becoming a Core Growth Engine?

Insider Transactions at Arista Networks

In other news, Director Yvonne Wassenaar sold 1,815 shares of the firm's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $132.44, for a total transaction of $240,378.60. Following the transaction, the director owned 12,574 shares in the company, valued at approximately $1,665,300.56. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kenneth Duda sold 32,000 shares of Arista Networks stock in a transaction 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 completion of the sale, the insider directly owned 12,976 shares of the company's stock, valued at approximately $1,740,600.64. The trade was a 71.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 199,632 shares of company stock worth $26,936,324 in the last 90 days. 3.39% of the stock is owned by insiders.

Arista Networks Stock Performance

Shares of NYSE ANET opened at $120.96 on Friday. The stock has a market cap of $151.99 billion, a price-to-earnings ratio of 43.83, a PEG ratio of 2.14 and a beta of 1.46. The business has a 50 day simple moving average of $135.49 and a 200 day simple moving average of $136.87. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94.

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

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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