Verdence Capital Advisors LLC Buys 3,211 Shares of Arista Networks, Inc. $ANET

Verdence Capital Advisors LLC boosted its position in Arista Networks, Inc. (NYSE:ANET) by 14.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,032 shares of the technology company’s stock after purchasing an additional 3,211 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Arista Networks were worth $5,096,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp raised its stake in shares of Arista Networks by 159.4% during the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock worth $20,606,975,000 after acquiring an additional 74,541,134 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in 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 during the last quarter. Envestnet Asset Management Inc. lifted its position in 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 during the last quarter. Deutsche Bank AG boosted its stake in 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 acquiring an additional 388,354 shares in the last quarter. Finally, Amundi boosted its stake in Arista Networks by 5.7% in the first quarter. Amundi now owns 9,064,443 shares of the technology company’s stock valued at $1,112,932,000 after acquiring an additional 491,173 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were 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 $36,826,381,658.40. The trade was a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the completion of the sale, the chief executive officer directly owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. The trade was a 4.47% 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. In the last three months, insiders have sold 3,627,449 shares of company stock valued at $741,235,386. 2.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have issued reports on ANET. Truist Financial lifted their price target 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. Needham & Company LLC reiterated a “buy” rating and set a $260.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Rosenblatt Securities increased their price objective on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. KeyCorp reissued an “overweight” rating and issued a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and an average target price of $233.20.

More Arista Networks News

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

• Positive Sentiment: Ethernet gaining ground in AI infrastructure: Arista is positioned as an open-Ethernet alternative to Nvidia’s InfiniBand, with the company reportedly winning more AI infrastructure deals. Its use of Broadcom silicon may support a lower-cost, flexible networking architecture and expand Arista’s addressable market. The Ethernet Tollbooth: Arista Rides Broadcom Silicon to Break Nvidia’s InfiniBand Monopoly
• Positive Sentiment: Strong operating momentum: Recent results showed Arista’s first quarterly revenue above $3 billion, with revenue rising 37.7% year over year and earnings exceeding estimates. The performance reinforces the bullish view that AI data-center demand can continue driving growth. Up 13% In Last 12 Months, Can Arista Networks Stock Give Better Returns in 2026?
• Positive Sentiment: Higher earnings expectations: An analyst raised the fiscal 2027 EPS estimate, indicating improving confidence in Arista’s growth and profitability outlook. FY2027 EPS Estimate for Arista Networks Lifted by Analyst
• Neutral Sentiment: Institutional and analyst views: Coverage of investment-firm sentiment suggests continued interest in ANET, but the article provides limited new company-specific information. Arista Networks, Inc. (ANET) – What Are Investment Firms Thinking About This Stock?
• Negative Sentiment: Insider selling: Arista insiders have been selling shares alongside insiders at other AI companies. While this may reflect diversification rather than deteriorating fundamentals, it can raise caution when the stock trades at a premium valuation. Insiders Are Selling These 5 AI Stocks—Should You Worry?
• Negative Sentiment: Data-center funding risk: Elon Musk’s warning that debt financing for AI data centers is tightening raises the possibility of delayed or canceled projects, which could slow networking demand if capital spending weakens. Is Money for AI Data Centers Drying Up?

Arista Networks Stock Up 2.7%

Shares of Arista Networks stock opened at $176.95 on Tuesday. The firm has a market capitalization of $223.18 billion, a P/E ratio of 55.82, a PEG ratio of 2.00 and a beta of 1.60. The company has a 50 day moving average price of $196.38 and a 200 day moving average price of $163.35. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $217.41.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. Arista Networks’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same period last year, the business earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, research analysts anticipate that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Arista Networks Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.