Arista Networks, Inc. $ANET Shares Newly Purchased by Carroll Advisory Group LLC

Carroll Advisory Group LLC bought a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,014 shares of the technology company’s stock, valued at approximately $817,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Hengehold Capital Management LLC acquired a new stake in Arista Networks during the 3rd quarter worth approximately $17,656,000. Peak Financial Management Inc. acquired a new position in Arista Networks in the 3rd quarter valued at $229,000. Willow Creek Capital Management Inc. acquired a new position in Arista Networks in the 3rd quarter valued at $1,035,000. Parisi Gray Wealth Management grew its holdings in Arista Networks by 6.2% in the 3rd quarter. Parisi Gray Wealth Management now owns 11,493 shares of the technology company’s stock valued at $2,340,000 after buying an additional 668 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in Arista Networks by 53.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 623,453 shares of the technology company’s stock worth $126,929,000 after buying an additional 218,276 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Wall Street Analysts Forecast Growth

ANET has been the subject of a number of recent research reports. TD Cowen boosted their target price on shares of Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Sanford C. Bernstein assumed coverage on shares of Arista Networks in a research note on Wednesday, September 30th. They issued an “outperform” rating and a $250.00 price target on the stock. Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research report on Wednesday, August 5th. Rosenblatt Securities lifted their price objective on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research note on Monday, August 31st. They issued a “buy” rating and a $220.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $235.45.

Arista Networks Trading Down 4.7%

Shares of ANET stock opened at $176.84 on Friday. The stock has a market cap of $223.03 billion, a P/E ratio of 55.78, a price-to-earnings-growth ratio of 2.16 and a beta of 1.60. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $217.41. The stock has a 50 day simple moving average of $198.46 and a 200 day simple moving average of $174.34.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter last year, the company earned $0.73 EPS. The company’s 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. Analysts forecast that Arista Networks, Inc. will post 3.79 EPS for the current year.

Insider Activity

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the firm’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $198.95, for a total value of $59,685,000.00. Following the transaction, the insider owned 180,543,048 shares in the company, valued at approximately $35,919,039,399.60. This trade represents a 0.17% 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $203.50, for a total value of $3,527,265.50. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at $2,640,616. The trade was a 57.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 3,627,449 shares of company stock worth $740,784,723. 2.70% of the stock is owned by insiders.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: BNP Paribas Exane upgraded Arista Networks to “strong buy,” providing a favorable analyst signal for the stock. Ticker Report article
• Positive Sentiment: A hammer chart pattern suggests ANET may have found technical support after its recent pullback. The article also cites broad upward revisions to Wall Street earnings estimates, which could support a near-term rebound. Zacks bottom-fisher article
• Positive Sentiment: Arista remains exposed to the expanding AI-infrastructure market. Comparisons with Akamai focus on Arista’s stronger growth prospects and profitability, factors that could help justify a premium valuation if AI-related demand remains strong. AKAM versus ANET article
• Neutral Sentiment: After roughly a sevenfold five-year rally, investors are reassessing whether Arista’s cash generation can support its current valuation. The debate reflects elevated expectations rather than a reported deterioration in operations. Yahoo Finance valuation article
• Negative Sentiment: Reports that Arista shares fell following insider selling are weighing on sentiment, as investors may interpret sales as a cautionary signal even though insider transactions do not necessarily indicate weaker fundamentals. American Banking News insider-selling article

About Arista Networks

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.