Toronto Dominion Bank increased its stake in Arista Networks to 564,027 shares, valued at $62.34 million, after acquiring 424,315 shares last quarter. DigitalBridge Group and University of Texas Texas AM Investment Management also significantly boosted their holdings, with hedge funds owning 82.47% of the stock. Analysts maintain a "Moderate Buy" rating, with price targets raised by UBS Group and others, reflecting positive sentiment despite recent insider selling.