Frank Rimerman Advisors LLC Buys 9,529 Shares of Arista Networks, Inc. $ANET

Frank Rimerman Advisors LLC boosted its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 75.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,216 shares of the technology company’s stock after acquiring an additional 9,529 shares during the period. Frank Rimerman Advisors LLC’s holdings in Arista Networks were worth $4,523,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Birch Hill Investment Advisors LLC increased its holdings in Arista Networks by 978.1% in the 3rd quarter. Birch Hill Investment Advisors LLC now owns 52,979 shares of the technology company’s stock valued at $10,786,000 after acquiring an additional 48,065 shares during the last quarter. Absolute Capital Management LLC lifted its stake in Arista Networks by 98.2% in the 3rd quarter. Absolute Capital Management LLC now owns 12,281 shares of the technology company’s stock worth $2,500,000 after purchasing an additional 6,084 shares in the last quarter. Forbes J M & Co. LLP boosted its holdings in shares of Arista Networks by 12.9% during the 3rd quarter. Forbes J M & Co. LLP now owns 105,114 shares of the technology company’s stock valued at $19,722,000 after purchasing an additional 12,027 shares during the last quarter. 1834 Investment Advisors Co. bought a new position in shares of Arista Networks during the 3rd quarter valued at about $20,705,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Arista Networks during the 3rd quarter valued at about $143,000. 82.47% of the stock is currently owned by institutional investors.

Insider Transactions at Arista Networks

In related news, insider Kenneth Duda sold 17,333 shares of the stock in a transaction dated Monday, September 21st. The shares were 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 of the company’s stock, valued at approximately $2,640,616. This trade represents a 57.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark B. Templeton sold 5,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $204.37, for a total transaction of $1,021,850.00. Following the completion of the transaction, the director directly owned 48,410 shares of the company’s stock, valued at approximately $9,893,551.70. The trade was a 9.36% decrease in their position. 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. Over the last 90 days, insiders sold 3,627,449 shares of company stock worth $740,784,723. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks Stock Performance

Shares of ANET opened at $176.84 on Friday. The company’s fifty day moving average is $198.46 and its 200 day moving average is $174.34. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $217.41. The stock has a market capitalization of $223.03 billion, a PE ratio of 55.78, a P/E/G ratio of 2.06 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 earnings per share (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 company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the prior year, the firm earned $0.73 earnings per share. Arista Networks’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. As a group, research analysts forecast that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Rosenblatt Securities raised their price objective on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. KeyCorp reiterated an “overweight” rating and issued a $250.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Truist Financial boosted their target price on Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group reissued a “buy” rating and set a $225.00 price target on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $255.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Arista Networks presently has a consensus rating of “Buy” and an average target price of $235.45.

Arista Networks Company 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.