Arista Networks, Inc. $ANET Stock Sold by WD Rutherford LLC

WD Rutherford LLC cut its stake in Arista Networks, Inc. (NYSE:ANET) by 10.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,234 shares of the technology company’s stock after selling 4,858 shares during the period. Arista Networks makes up approximately 3.3% of WD Rutherford LLC’s holdings, making the stock its 5th largest holding. WD Rutherford LLC’s holdings in Arista Networks were worth $8,802,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cura Wealth Advisors LLC increased its stake in Arista Networks by 3.1% in the 2nd quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock valued at $297,000 after purchasing an additional 52 shares in the last quarter. Affinity Capital Advisors LLC raised its holdings in Arista Networks by 1.4% during the third quarter. Affinity Capital Advisors LLC now owns 3,770 shares of the technology company’s stock worth $817,000 after purchasing an additional 53 shares during the last quarter. Madison Wealth Partners Inc raised its holdings in Arista Networks by 2.8% during the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock worth $370,000 after purchasing an additional 60 shares during the last quarter. Intrua Financial LLC boosted its position in Arista Networks by 2.7% during the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after purchasing an additional 61 shares in the last quarter. Finally, Brucke Financial Inc. boosted its position in Arista Networks by 4.7% during the third quarter. Brucke Financial Inc. now owns 1,391 shares of the technology company’s stock worth $283,000 after purchasing an additional 63 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Trading Up 5.7%

Shares of NYSE:ANET opened at $187.28 on Wednesday. The business’s fifty day moving average price is $195.64 and its two-hundred day moving average price is $163.86. Arista Networks, Inc. has a one year low of $114.52 and a one year high of $217.41.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the previous year, the business posted $0.73 EPS. The business’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. As a group, sell-side analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ANET has been the topic of several research reports. Rosenblatt Securities upped their target price on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating on shares of Arista Networks in a research note on Wednesday, October 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $225.00 price target on shares of Arista Networks in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Arista Networks in a research report on Monday, August 31st. They issued a “buy” rating and a $220.00 price objective on the stock. Finally, Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $233.20.

More Arista Networks News

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

• Positive Sentiment: AI networking momentum is driving investor optimism. Arista reportedly delivered a record quarter, including its first quarter with more than $3 billion in revenue, as demand accelerated for Ethernet-based networking equipment used in AI data centers. Management also raised its 2026 revenue outlook. Arista Networks (ANET) Is Winning AI Data Center Network Share
• Positive Sentiment: Arista is taking share from Nvidia’s InfiniBand platform. Analysts and market commentators say Arista’s open Ethernet fabrics, built with Broadcom silicon, are increasingly being selected for AI infrastructure projects that might previously have used Nvidia’s proprietary InfiniBand technology. This expands Arista’s addressable market and supports its long-term growth case. The Ethernet Tollbooth: Arista Rides Broadcom Silicon to Break Nvidia’s InfiniBand Monopoly
• Positive Sentiment: Strong prior results provide a favorable earnings setup. Arista’s latest reported quarter exceeded consensus expectations, with revenue of $3.04 billion, up 37.7% year over year, and earnings per share of $1.02 versus the $0.89 estimate. Investors are now looking for continued strength at the November earnings event. Arista Networks Stocks Gain 5.61% Ahead of November Earnings Test
• Neutral Sentiment: Insider selling is a cautionary signal, but not yet a fundamental change. Arista insiders have sold shares alongside insiders at other AI-related companies. However, the report notes that analyst support, institutional interest and operating fundamentals remain broadly favorable. Insiders Are Selling These 5 AI Stocks—Should You Worry?
• Negative Sentiment: Funding concerns and valuation create downside risks. Elon Musk’s warning that debt-market funding for AI data centers may be drying up raises questions about future customer spending. In addition, Arista’s premium valuation leaves the stock vulnerable if November results or guidance fail to meet elevated expectations. Is Money for AI Data Centers Drying Up?

Insider Buying and Selling

In other Arista Networks news, insider Kenneth Duda sold 26,000 shares of the firm’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $180.91, for a total transaction of $4,703,660.00. Following the sale, the insider directly owned 432,400 shares of the company’s stock, valued at $78,225,484. This trade represents a 5.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Breithaupt sold 1,224 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $215.00, for a total transaction of $263,160.00. Following the sale, the chief financial officer directly owned 68,697 shares in the company, valued at $14,769,855. This represents a 1.75% 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 90 days, insiders have sold 3,627,449 shares of company stock worth $741,235,386. 2.70% of the stock is owned by company insiders.

About Arista Networks

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.