NewEdge Advisors LLC Boosts Position in Arista Networks, Inc. $ANET

NewEdge Advisors LLC grew its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 38.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 172,549 shares of the technology company’s stock after acquiring an additional 48,125 shares during the period. NewEdge Advisors LLC’s holdings in Arista Networks were worth $29,313,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Main Street Group LTD bought a new position in shares of Arista Networks in the first quarter valued at approximately $26,000. Sankala Group LLC bought a new stake in Arista Networks during the 4th quarter worth approximately $27,000. Prosperity Bancshares Inc bought a new stake in Arista Networks during the 4th quarter worth approximately $28,000. ABS Investment Management LLC purchased a new stake in Arista Networks in the 2nd quarter worth approximately $29,000. Finally, Hilton Head Capital Partners LLC lifted its stake in Arista Networks by 184.9% in the 1st quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock worth $30,000 after purchasing an additional 159 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Rosenblatt Securities raised their price target on shares of Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Citigroup reaffirmed a “buy” rating on shares of Arista Networks in a report on Thursday, August 6th. UBS Group reiterated a “buy” rating and issued a $259.00 price objective (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Wells Fargo & Company reissued an “overweight” rating and set a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, TD Cowen boosted their target price on Arista Networks from $210.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $225.76.

Insider Buying and Selling

In other news, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38. Following the transaction, the chief executive officer owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of the transaction, the insider directly owned 181,143,048 shares in the company, valued at approximately $36,826,381,658.40. The trade was a 0.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,782,694 shares of company stock worth $726,728,187 over the last ninety days. Insiders own 2.70% of the company’s stock.

Arista Networks Trading Down 1.0%

Shares of NYSE:ANET opened at $192.93 on Thursday. The stock has a market capitalization of $243.33 billion, a P/E ratio of 60.86, a price-to-earnings-growth ratio of 2.32 and a beta of 1.62. The stock’s 50-day moving average price is $184.54 and its 200-day moving average price is $161.43. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $214.89.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.Arista Networks’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, research analysts predict that Arista Networks, Inc. will post 3.7 EPS for the current year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista’s AI and cloud-networking opportunity remains a key bullish factor. A comparison with IBM highlights ANET’s stronger share-price performance, rising 2026 earnings estimates and exposure to expanding AI infrastructure spending, although Arista trades at a richer valuation. Arista vs. IBM: Which Cloud AI Stock Should Investors Buy Now?
• Positive Sentiment: Arista was included among high-return-on-equity, cash-rich stocks that may offer relative resilience while rate-hike fears and market uncertainty weigh on equities. The company’s strong profitability and balance sheet support the investment case. Buy 5 High ROE Stocks as Rate Hike Fears Keep Markets at Bay
• Neutral Sentiment: Arista’s presentation at the Goldman Sachs Communacopia + Technology Conference may provide investors with additional information on demand trends and AI networking, but the available report does not identify a material new announcement. Arista Networks Presents at Goldman Sachs Conference
• Negative Sentiment: Arista’s approximately $9.7 billion in AI commitments may not translate into reported revenue immediately. Power and cooling constraints, along with customer acceptance and deployment timelines, could delay revenue recognition for as long as 18 months, raising execution and near-term growth concerns. Arista’s $9.7 Billion AI Commitments Hide an 18-Month Revenue Wait
• Negative Sentiment: ANET declined more steeply than the broader market in the latest session, signaling near-term investor caution despite its long-term AI outlook. Its elevated valuation increases sensitivity to market-wide risk and any slowdown in expected growth. Arista Networks Falls More Steeply Than Broader Market

About Arista Networks

Arista Networks, Inc designs, develops and sells cloud networking solutions for large data centers, cloud service providers, internet companies, enterprises and other organizations. Its portfolio includes high-performance Ethernet switches, routers and wireless networking products used to connect servers, storage systems, users and applications across data center and campus environments.

The company’s software offerings include Arista EOS, its Linux-based network operating system, and CloudVision, a cloud-based platform for network management, automation, monitoring and analytics.