Sava Infond d.o.o. Sells 7,400 Shares of Arista Networks, Inc. $ANET

Key Points

• Sava Infond d.o.o. trimmed its Arista stake by 2.8% in Q4, selling 7,400 shares and holding 256,905 shares (about 4th largest holding) valued at $33.66 million.
• Analysts are broadly bullish—MarketBeat shows a consensus Buy with an average target of $177.83, and several firms have reaffirmed or raised price targets after Arista topped recent EPS and revenue estimates.
• Insider selling has been significant: CEO Jayshree Ullal sold 428,000 shares (~$75.9M) and insiders disposed of 1.5M shares worth $246M in the past 90 days, which could increase short‑term volatility despite being pre‑arranged trades.

Sava Infond d.o.o. cut its holdings in Arista Networks, Inc. (NYSE:ANET - Free Report) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 256,905 shares of the technology company's stock after selling 7,400 shares during the period. Arista Networks accounts for about 4.5% of Sava Infond d.o.o.'s portfolio, making the stock its 4th largest holding. Sava Infond d.o.o.'s holdings in Arista Networks were worth $33,662,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Walkner Condon Financial Advisors LLC lifted its holdings in Arista Networks by 0.4% in the third quarter. Walkner Condon Financial Advisors LLC now owns 18,509 shares of the technology company's stock valued at $2,697,000 after acquiring an additional 70 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in Arista Networks by 0.4% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company's stock valued at $2,133,000 after acquiring an additional 70 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in Arista Networks by 56.7% in the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company's stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. United Asset Strategies Inc. lifted its holdings in Arista Networks by 1.2% in the fourth quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company's stock valued at $827,000 after acquiring an additional 72 shares during the last quarter. Finally, Crown Wealth Group LLC lifted its holdings in Arista Networks by 2.4% in the third quarter. Crown Wealth Group LLC now owns 3,175 shares of the technology company's stock valued at $463,000 after acquiring an additional 75 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on ANET shares. Zacks Research upgraded shares of Arista Networks from a "hold" rating to a "strong-buy" rating in a report on Monday, April 13th. Evercore restated an "outperform" rating and set a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Morgan Stanley restated an "overweight" rating and set a $165.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Piper Sandler restated an "overweight" rating and set a $175.00 price target (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $188.00 price target (up from $165.00) on shares of Arista Networks in a research note on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Arista Networks has a consensus rating of "Buy" and an average target price of $177.83.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Analysts and media highlight Arista as a direct beneficiary of Google’s new "Virgo" AI datacenter architecture; that narrative helped lift momentum and contributed to new highs. Arista poised to benefit from Google’s Virgo
• Positive Sentiment: Company/analyst commentary says Arista materially raised its AI‑networking market assumptions (effectively expanding the TAM), supporting higher forward multiples and investor willingness to pay a premium for AI exposure. Arista Doubles AI Networking Target
• Positive Sentiment: Street and research notes (Zacks and others) flag ANET as likely to top upcoming quarterly estimates as AI capex, 5G/fiber demand and datacenter upgrades lift networking spend — Q1 (May 5) is a potential catalyst for upgrades. 3 Telecom Stocks Likely to Surpass Q1 Earnings Estimates
• Positive Sentiment: Institutional accumulation and multiple analyst upgrades/price‑target increases have driven liquidity and momentum into ANET, reinforcing the current uptrend. MarketBeat Arista coverage and analyst targets
• Neutral Sentiment: Several bullish writeups recap Arista’s market share in high‑performance switching and AI networking; useful context for investors but reflect elevated expectations that increase the bar for surprises. Is Arista Networks, Inc. (ANET) A Good Stock To Buy Now?
• Negative Sentiment: Significant insider selling by CEO Jayshree Ullal (multiple pre‑arranged 10b5‑1 sales totaling tens of millions over recent days) is generating selling pressure and negative headlines despite being scheduled trades. Jayshree Ullal Sells 93,861 Shares
• Negative Sentiment: Additional insider dispositions (EVP and other executives) amplify perception of management profit‑taking and can increase short‑term volatility into the earnings date. Kenneth Duda SEC filing

Arista Networks Stock Up 2.4%

NYSE:ANET opened at $176.76 on Friday. Arista Networks, Inc. has a 52 week low of $76.01 and a 52 week high of $179.80. The stock's fifty day moving average is $139.47 and its two-hundred day moving average is $137.32. The stock has a market capitalization of $222.57 billion, a price-to-earnings ratio of 64.04, a price-to-earnings-growth ratio of 3.03 and a beta of 1.48.

Arista Networks (NYSE:ANET - Get Free Report) last posted its quarterly earnings data 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. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The business had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.38 billion. During the same quarter in the prior year, the company earned $0.66 earnings per share. The company's revenue was up 28.9% on a year-over-year basis. On average, sell-side analysts expect that Arista Networks, Inc. will post 3.17 EPS for the current fiscal year.

Insider Buying and Selling at Arista Networks

In other news, Director Yvonne Wassenaar sold 1,395 shares of the company's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $153.07, for a total transaction of $213,532.65. Following the sale, the director owned 9,784 shares of the company's stock, valued at approximately $1,497,636.88. This represents a 12.48% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the company's stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00. Following the sale, the chief executive officer directly owned 5,209,207 shares in the company, valued at $924,321,690.08. This represents a 7.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,502,729 shares of company stock valued at $246,427,959. Insiders own 3.39% of the company's stock.

About Arista Networks

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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