22,252 Shares in Arista Networks, Inc. $ANET Bought by Partners Wealth Management LLC

Partners Wealth Management LLC purchased a new stake in Arista Networks, Inc. (NYSE:ANET) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,252 shares of the technology company’s stock, valued at approximately $4,530,000.

Other large investors have also recently modified their holdings of the company. Main Street Group LTD bought a new stake in shares of Arista Networks in the first quarter worth $26,000. William Mack & Associates Inc. acquired a new stake in Arista Networks in the third quarter valued at $27,000. ABS Investment Management LLC acquired a new stake in Arista Networks in the second quarter valued at $29,000. ABS Direct Equity Fund LLC bought a new position in Arista Networks during the 2nd quarter worth $29,000. Finally, NBT Bank N A NY raised its position in Arista Networks by 37.2% during the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after purchasing an additional 67 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Down 1.4%

Shares of NYSE ANET opened at $184.12 on Friday. The company has a market capitalization of $232.21 billion, a PE ratio of 58.08, a P/E/G ratio of 2.17 and a beta of 1.60. Arista Networks, Inc. has a twelve month low of $114.52 and a twelve month high of $217.41. The firm has a fifty day simple moving average of $195.48 and a 200 day simple moving average of $164.48.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter in the prior year, the firm posted $0.73 earnings per share. The business’s quarterly revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, equities analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Insider Transactions at Arista Networks

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of Arista Networks stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value 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 sale was disclosed in a document filed with the SEC, which can be accessed 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 business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total value 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. This trade represents a 0.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,627,449 shares of company stock worth $741,235,386 over the last three months. 2.70% of the stock is owned by company insiders.

More Arista Networks News

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

• Positive Sentiment: Arista’s exposure to AI infrastructure and hyperscale data-center expansion remains a key long-term growth driver. One valuation analysis estimated the stock could be approximately 23% undervalued if AI networking demand, product launches and supply-chain execution meet expectations. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
• Positive Sentiment: Analysts continue to highlight strong AI-networking demand, product innovation and Arista’s high return on equity. The company’s latest reported quarter showed 37.7% year-over-year revenue growth, with revenue and earnings exceeding consensus estimates.
• Neutral Sentiment: Investors are focused on the November 3 earnings release for evidence that demand for high-speed networking products remains strong and that Arista can sustain its growth trajectory. Consensus expectations call for continued earnings growth, while management’s prior third-quarter EPS guidance was $1.06-$1.08.
• Negative Sentiment: Near-term sentiment is being pressured by profit-taking, elevated valuation and uncertainty over supply-chain costs. Commentary ahead of earnings noted that the stock had fallen nearly 10% over the past month, increasing concern that expectations may already be demanding. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
• Negative Sentiment: Investors are also monitoring the rollout of Prometheus networking, which may create execution and adoption questions until additional details are provided. Arista’s high earnings multiple makes the stock particularly sensitive to any weaker outlook or margin pressure. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus

Wall Street Analyst Weigh In

ANET has been the topic of several recent research reports. Jefferies Financial Group set a $250.00 target price on Arista Networks in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft started coverage on Arista Networks in a research note on Monday, August 31st. They issued a “buy” rating and a $220.00 price target for the company. The Goldman Sachs Group restated a “buy” rating and set a $225.00 price objective on shares of Arista Networks in a research report on Wednesday, August 5th. Barclays reaffirmed an “overweight” rating and issued a $289.00 price objective (up from $195.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $260.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $233.20.

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.