Arista Networks, Inc. $ANET Shares Newly Acquired by Westwind Capital

Westwind Capital bought a new stake in shares of Arista Networks, Inc. (NYSE:ANET) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,581 shares of the technology company’s stock, valued at approximately $1,747,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp boosted its position in Arista Networks by 159.4% in the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after buying an additional 74,541,134 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Arista Networks by 34.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after acquiring an additional 2,497,275 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Arista Networks by 199.0% during the second quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after acquiring an additional 6,409,612 shares in the last quarter. Deutsche Bank AG boosted its holdings in shares of Arista Networks by 4.3% in the second quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after purchasing an additional 388,354 shares during the period. Finally, Wellington Management Group LLP increased its holdings in Arista Networks by 5.9% during the 2nd quarter. Wellington Management Group LLP now owns 8,440,963 shares of the technology company’s stock worth $1,433,951,000 after purchasing an additional 470,451 shares during the period. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Arista Networks News

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

• Positive Sentiment: New AI networking portfolio supports growth prospects. Arista introduced an open Ethernet rack-scale portfolio for high-density AI infrastructure, designed for both scale-up and scale-out networks. The solutions use open standards, liquid cooling and partnerships with companies including AMD, Broadcom, Meta, Microsoft and Qualcomm. The launch could help Arista win business from proprietary alternatives such as NVIDIA’s InfiniBand by giving hyperscalers greater hardware flexibility. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
• Positive Sentiment: AI infrastructure demand remains the central bullish catalyst. Investment commentary highlights Arista as a potential beneficiary of sustained hyperscaler and data-center spending, with investors increasingly favoring companies showing clear AI monetization and execution. The company’s Ethernet opportunity is expanding as cloud providers seek vendor-neutral networking systems. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
• Positive Sentiment: Recent operating results and guidance were strong. Arista’s latest quarter generated $3.04 billion in revenue, up 37.7% year over year, while earnings per share of $1.02 exceeded consensus expectations. Management’s outlook for approximately $1.06-$1.08 in third-quarter EPS reinforces expectations for continued data-center growth.
• Neutral Sentiment: Momentum has been substantial, but the valuation leaves less room for disappointment. The stock has risen roughly 65% year to date and trades at a high earnings multiple. Supporters view the premium as justified by rapid growth, strong margins and a debt-light balance sheet, while investors may be taking profits after the recent record high. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
• Negative Sentiment: Zacks downgraded Arista from “strong buy” to “hold.” The rating change may be weighing on sentiment, particularly after the stock’s sharp rally. Analysts also cite customer concentration and potential margin pressure as risks to the upside. Arista Networks Stock Rating Lowered by Zacks Research

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and set a $220.00 target price (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. UBS Group restated a “buy” rating and issued a $259.00 price objective (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price objective on shares of Arista Networks in a research note on Wednesday, August 5th. Truist Financial increased their target price on shares of Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $260.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $235.45.

Insider Transactions at Arista Networks

In other news, insider Kenneth Duda sold 26,000 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $170.51, for a total transaction of $4,433,260.00. Following the completion of the sale, the insider owned 462,400 shares in the company, valued at approximately $78,843,824. This represents a 5.32% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the sale, the insider directly owned 181,143,048 shares of the company’s stock, valued at $36,826,381,658.40. The trade was a 0.17% 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. Over the last three months, insiders have sold 3,144,894 shares of company stock valued at $631,310,023. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Down 2.3%

Shares of NYSE ANET traded down $4.95 during mid-day trading on Thursday, reaching $210.88. 4,874,947 shares of the company were exchanged, compared to its average volume of 7,920,179. The firm has a 50-day moving average of $197.40 and a 200 day moving average of $171.74. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $217.32. The stock has a market cap of $265.97 billion, a price-to-earnings ratio of 66.53, a P/E/G ratio of 2.53 and a beta of 1.60.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the prior year, the firm posted $0.73 earnings per share. The company’s quarterly revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities analysts forecast that Arista Networks, Inc. will post 3.74 earnings per share for the current year.

Arista Networks Company Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.