Harvest Fund Management Co. Ltd Has $3.83 Million Position in Arista Networks, Inc. $ANET

Key Points

• Harvest Fund Management increased its Arista stake by 170.3% to 26,283 shares valued at $3.83 million, and institutional investors now own about 82.47% of the company’s stock.
• Insider selling has been substantial recently — Kenneth Duda sold 32,000 shares and insiders disposed of 196,237 shares (~$25.87 million) in the last three months, leaving insiders with roughly 3.39% ownership.
• Arista beat quarterly estimates (EPS $0.82 vs $0.75, revenue $2.49B, +28.9% YoY), is launching AI-focused products and guiding toward ~$11B revenue in 2026, and analysts remain largely bullish with an average price target near $176.47.

Harvest Fund Management Co. Ltd lifted its holdings in Arista Networks, Inc. (NYSE:ANET - Free Report) by 170.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,283 shares of the technology company's stock after purchasing an additional 16,560 shares during the period. Harvest Fund Management Co. Ltd's holdings in Arista Networks were worth $3,830,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Arista Networks by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 100,000,830 shares of the technology company's stock valued at $14,571,121,000 after buying an additional 1,007,730 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in shares of Arista Networks by 1.0% during the second quarter. Cresset Asset Management LLC now owns 26,374,373 shares of the technology company's stock worth $2,698,362,000 after buying an additional 263,272 shares during the last quarter. Norges Bank acquired a new position in shares of Arista Networks during the second quarter worth approximately $1,228,177,000. Schroder Investment Management Group boosted its position in shares of Arista Networks by 14.8% in the second quarter. Schroder Investment Management Group now owns 10,494,124 shares of the technology company's stock valued at $1,073,654,000 after acquiring an additional 1,350,593 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Arista Networks by 1.8% in the third quarter. Invesco Ltd. now owns 10,094,255 shares of the technology company's stock valued at $1,470,834,000 after acquiring an additional 181,813 shares during the period. Institutional investors and hedge funds own 82.47% of the company's stock.

Insider Transactions at Arista Networks

In related news, insider Kenneth Duda sold 32,000 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $142.44, for a total value of $4,558,080.00. Following the completion of the transaction, the insider owned 12,976 shares of the company's stock, valued at $1,848,301.44. This represents a 71.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Yvonne Wassenaar sold 1,815 shares of the firm's stock in a transaction dated Wednesday, February 25th. The stock was 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 of the company's stock, valued at approximately $1,665,300.56. This represents a 12.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 196,237 shares of company stock valued at $25,865,760. Company insiders own 3.39% of the company's stock.

Arista Networks Trading Down 0.3%

Shares of NYSE ANET opened at $133.67 on Friday. The firm has a market capitalization of $167.96 billion, a price-to-earnings ratio of 48.43, a PEG ratio of 2.38 and a beta of 1.46. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $164.94. The business has a fifty day simple moving average of $134.86 and a 200 day simple moving average of $137.30.

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

Arista Networks News Summary

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)

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ANET shares. UBS Group set a $200.00 target price on shares of Arista Networks in a research report on Tuesday, February 24th. Morgan Stanley reissued an "overweight" rating and issued a $165.00 price target on shares of Arista Networks in a report on Friday, February 13th. The Goldman Sachs Group restated a "buy" rating and issued a $188.00 price target (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Needham & Company LLC boosted their price objective on shares of Arista Networks from $165.00 to $185.00 and gave the stock a "buy" rating in a report on Friday, February 13th. Finally, KeyCorp reaffirmed an "overweight" rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $176.47.

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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