Banque Transatlantique SA Reduces Holdings in Arista Networks, Inc. $ANET

Key Points

• Banque Transatlantique SA cut its stake in Arista by 34.6%, selling 153,008 shares and finishing the quarter with 289,752 shares worth about $42.14M, making ANET its 21st-largest holding.
• Arista has fresh catalysts — the launch of the XPO high-density liquid‑cooled pluggable optics for hyperscale AI and management guidance for roughly $11B in 2026 revenue — which has spurred analyst upgrades and constructive broker coverage.
• Institutional ownership is high (~82.5%), but insider selling has been notable (about 196,237 shares sold in the last 90 days), presenting mixed signals for investors.

Banque Transatlantique SA decreased its holdings in Arista Networks, Inc. (NYSE:ANET - Free Report) by 34.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 289,752 shares of the technology company's stock after selling 153,008 shares during the quarter. Arista Networks makes up 1.0% of Banque Transatlantique SA's portfolio, making the stock its 21st biggest position. Banque Transatlantique SA's holdings in Arista Networks were worth $42,141,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Global Trust Asset Management LLC grew its stake in Arista Networks by 33.0% in the third quarter. Global Trust Asset Management LLC now owns 19,273 shares of the technology company's stock worth $2,808,000 after purchasing an additional 4,780 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in Arista Networks during the third quarter valued at approximately $8,263,000. National Wealth Management Group LLC acquired a new stake in Arista Networks during the third quarter valued at approximately $1,296,000. Vanguard Group Inc. grew its position in shares of Arista Networks by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,993,100 shares of the technology company's stock worth $10,127,984,000 after acquiring an additional 1,136,167 shares in the last quarter. Finally, Holocene Advisors LP bought a new stake in shares of Arista Networks in the 2nd quarter valued at approximately $247,451,000. 82.47% of the stock is owned by institutional investors and hedge funds.

More Arista Networks News

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

• Positive Sentiment: Arista launched the XPO multi-source agreement and a 12.8 Tbps liquid‑cooled pluggable optics module that boosts rack density ~4x — this product is explicitly targeted at hyperscale AI data centers and could expand Arista’s addressable market and hardware ASPs. Arista Announces XPO High Density Liquid Cooled Pluggable Optics
• Positive Sentiment: CEO guidance and management commentary point to faster top‑line growth — management expects ~ $11B revenue in 2026 (vs ~$9B in 2025), reinforcing the AI-driven demand narrative. Arista (ANET) to Hit $11B in 2026 Revenues, $2B More Than 2025, Says CEO
• Positive Sentiment: Broker activity has turned constructive — TD Cowen initiated coverage with a Buy and $170 PT, and some outlets upgraded the stock citing accelerating AI networking demand and durable hyperscaler commitments. Those actions support upside vs. current levels. TD Cowen initiates Arista, Coherent and Ciena at buy
• Positive Sentiment: Independent upgrades highlight the stock’s breakout potential as valuation has contracted and FY2026 revenue is guided above ~25%, reinforcing the bullish case for longer-term multiple expansion if execution continues. Arista Networks: All Ready To Storm To New Highs (Upgrade)
• Neutral Sentiment: Technically, ANET is trading near its 50‑day moving average inside a base and is listed as an IBD Sector Leader — constructive technicals but not yet a confirmed breakout. Arista Holds Near Key Level As Outlook Brightens
• Negative Sentiment: Shares have pulled back and shown intraday weakness in recent sessions — short‑term volatility and profit‑taking are pressuring the stock despite positive headlines. Arista Networks (ANET) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Analysts note supply constraints and some gross‑margin pressure that could limit near‑term revenue upside despite strong bookings — a risk to quarterly cadence even as the multi‑year AI opportunity remains intact. Arista Networks: Why A Breakout Seems Likely (Rating Upgrade)

Arista Networks Price Performance

NYSE ANET opened at $133.67 on Friday. The company's fifty day moving average is $134.86 and its two-hundred day moving average is $137.30. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $164.94. The firm has a market capitalization of $167.96 billion, a price-to-earnings ratio of 48.43, a P/E/G ratio of 2.38 and a beta of 1.46.

Arista Networks (NYSE:ANET - Get Free Report) last released its earnings results 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. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The business had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.38 billion. During the same quarter last year, the company earned $0.66 earnings per share. The firm's revenue was up 28.9% on a year-over-year basis. As a group, sell-side analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In related news, Director Yvonne Wassenaar sold 1,815 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $132.44, for a total value of $240,378.60. Following the completion of the transaction, the director directly owned 12,574 shares of the company's stock, valued at $1,665,300.56. This trade represents a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $128.67, for a total transaction of $1,029,360.00. Following the transaction, the director directly owned 1,784 shares of the company's stock, valued at $229,547.28. The trade was a 81.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 196,237 shares of company stock valued at $25,865,760. Company insiders own 3.39% of the company's stock.

Wall Street Analyst Weigh In

ANET has been the subject of several research reports. UBS Group set a $200.00 price target on shares of Arista Networks in a report on Tuesday, February 24th. Weiss Ratings restated a "hold (c+)" rating on shares of Arista Networks in a research report on Monday, December 29th. The Goldman Sachs Group reiterated a "buy" rating and issued a $188.00 target price (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. KeyCorp restated an "overweight" rating and set a $178.00 price target (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, TD Cowen initiated coverage on Arista Networks in a report on Thursday. They issued a "buy" rating and a $170.00 price objective for the company. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $176.47.

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.

Want to see what other hedge funds are holding ANET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arista Networks, Inc. (NYSE:ANET - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.