Bluebird Wealth Management LLC Makes New $2.74 Million Investment in Arista Networks, Inc. $ANET

Key Points

• Bluebird Wealth Management bought 20,904 shares of Arista in Q4 — a new position valued at approximately $2.74 million that represents about 2.6% of its portfolio and is the firm's 7th-largest holding.
• Arista beat Q1 expectations with $2.71 billion in revenue (up ~35% YoY) and $0.87 EPS, and guided Q2 EPS to $0.88, yet the stock fell roughly 13.6% after-hours amid margin/guidance concerns.
• Significant insider selling may pressure sentiment: CEO Jayshree Ullal sold 428,000 shares (~$75.9M) and insiders have sold about 1.5 million shares (~$246.7M) in the past 90 days.

Bluebird Wealth Management LLC bought a new position in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,904 shares of the technology company's stock, valued at approximately $2,739,000. Arista Networks comprises approximately 2.6% of Bluebird Wealth Management LLC's investment portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund bought a new stake in Arista Networks during the fourth quarter worth $26,000. Knuff & Co LLC acquired a new position in shares of Arista Networks during the third quarter worth $29,000. Ameliora Wealth Management Ltd. acquired a new position in shares of Arista Networks during the fourth quarter worth $30,000. Richardson Financial Services Inc. increased its holdings in shares of Arista Networks by 141.3% during the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company's stock worth $32,000 after buying an additional 130 shares in the last quarter. Finally, Quarry LP acquired a new position in shares of Arista Networks during the third quarter worth $33,000. 82.47% of the stock is currently owned by institutional investors.

Arista Networks Stock Down 13.6%

NYSE ANET opened at $147.09 on Thursday. The company has a market capitalization of $185.21 billion, a price-to-earnings ratio of 50.37, a PEG ratio of 2.99 and a beta of 1.67. Arista Networks, Inc. has a twelve month low of $82.80 and a twelve month high of $179.80. The stock has a fifty day simple moving average of $142.99 and a 200 day simple moving average of $137.88.

Arista Networks (NYSE:ANET - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.06. Arista Networks had a return on equity of 31.23% and a net margin of 38.32%.The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period last year, the business posted $0.65 EPS. The business's revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Research analysts expect that Arista Networks, Inc. will post 3.17 earnings per share for the current fiscal year.

Key Arista Networks News

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

• Positive Sentiment: Q1 beat — Arista reported Q1 revenue up ~35% YoY to $2.71B and EPS of $0.87 (vs. ~$0.81 consensus), underscoring robust AI/data‑center demand. Zacks: Arista Beats Q1
• Positive Sentiment: Q2 EPS guide modestly ahead — Management set Q2 EPS at $0.88, above street expectations, signaling continued profitability into the next quarter. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Analyst upgrades/raises — Rosenblatt raised its price target to $210 and Needham reaffirmed a $185 target, reflecting continued bullish views on Arista’s AI networking exposure. Benzinga: Rosenblatt/Needham Notes
• Neutral Sentiment: Consensus view stays constructive — Street consensus PT sits near $178.67 and the majority of analysts retain Buy/Outperform ratings, leaving longer‑term sentiment positive though expectations are high. AmericanBankingNews: Consensus PT
• Negative Sentiment: After‑hours sell‑off and volatility — The stock fell sharply in after‑hours trading despite the beat, indicating profit‑taking and disappointment versus elevated expectations. Yahoo: Stock Down After Beats
• Negative Sentiment: Margin/guidance nuance — Several outlets noted gross margin landed slightly below estimates and that guidance didn’t clearly beat on revenue/margins, which likely triggered short‑term selling. Seeking Alpha: Margin Note
• Negative Sentiment: Insider sale highlighted — Director Charles Giancarlo sold 8,000 shares under a pre‑arranged 10b5‑1 plan; while routine, such disclosures can weigh on sentiment in a volatile session. SEC: Insider Filing
• Negative Sentiment: Analyst PT tweak downward — Citigroup trimmed its PT from $176 to $173 (still a Buy), a modest hit to the high‑expectations backdrop. Benzinga: Citigroup PT Cut

Insider Activity

In other Arista Networks news, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This trade represents a 7.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $163.31, for a total value of $5,225,920.00. Following the sale, the insider owned 12,976 shares of the company's stock, valued at approximately $2,119,110.56. The trade was a 71.15% 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. In the last 90 days, insiders sold 1,502,729 shares of company stock worth $246,707,719. 3.39% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ANET. Rosenblatt Securities upped their price target on shares of Arista Networks from $180.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday. UBS Group reiterated a "buy" rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a report on Wednesday. Piper Sandler reiterated an "overweight" rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a report on Wednesday. Needham & Company LLC reiterated a "buy" rating and set a $185.00 price target on shares of Arista Networks in a report on Wednesday. Finally, Citigroup lowered their price target on shares of Arista Networks from $176.00 to $173.00 and set a "buy" rating for the company in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $182.22.

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.

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