Greenland Capital Management LP Buys Shares of 4,085 Arista Networks, Inc. $ANET

Greenland Capital Management LP bought a new position in shares of Arista Networks, Inc. (NYSE:ANET) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,085 shares of the technology company’s stock, valued at approximately $694,000.

Other large investors have also recently made changes to their positions in the company. Kelleher Financial Advisors bought a new stake in shares of Arista Networks during the 2nd quarter valued at $31,000. Sankala Group LLC bought a new position in Arista Networks in the 4th quarter worth about $27,000. Prosperity Bancshares Inc purchased a new position in Arista Networks during the 4th quarter valued at about $28,000. Main Street Group LTD purchased a new position in Arista Networks during the 1st quarter valued at about $26,000. Finally, Quarry LP bought a new stake in shares of Arista Networks during the third quarter valued at about $33,000. 82.47% of the stock is owned by institutional investors.

Key Arista Networks News

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

• Positive Sentiment: Arista’s leadership in high-speed networking for cloud and AI infrastructure is highlighted as a key advantage over Salesforce, reinforcing the company’s long-term growth profile. Arista Networks vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: ANET was included among high-return-on-equity, cash-rich stocks that may appeal to investors seeking quality during volatile markets. Arista’s reported return on equity was approximately 31%. 5 High ROE Stocks to Buy as Markets Sway on Intense Volatility
• Positive Sentiment: Arista has nearly tripled multiyear purchase commitments to roughly $9.7 billion, suggesting management is securing components in anticipation of sustained AI and cloud demand. The spending also signals confidence in a sizable future order pipeline, though it raises execution and inventory risks. Can ANET Stock Compound Its Way Higher?
• Positive Sentiment: Arista’s second-quarter performance was presented as strong enough to support a higher price target. The company recently beat consensus earnings and revenue estimates and issued third-quarter EPS guidance of $1.06 to $1.08. Arista Networks: Q2 2026 Justifies A Higher Price Target
• Neutral Sentiment: Compared with CoreWeave, Arista generates substantially more revenue and has delivered steadier quarter-over-quarter growth, while CoreWeave is expanding faster. The comparison supports Arista’s scale but highlights increasing competition in AI infrastructure. Arista Networks vs. CoreWeave: What Revenue Trends Tell Investors About These Artificial Intelligence Companies
• Negative Sentiment: At an elevated valuation, investors are paying for continued rapid growth. Arista’s future margins could depend heavily on the mix and profitability of customers behind its large capacity commitments. What You Are Really Paying For In Arista Networks Stock

Insider Activity at Arista Networks

In other news, insider Kenneth Duda sold 26,000 shares of the firm’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $170.51, for a total transaction of $4,433,260.00. Following the sale, the insider owned 462,400 shares in the company, valued at approximately $78,843,824. This trade represents a 5.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 573,509 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $208.13, for a total transaction of $119,364,428.17. Following the sale, the chief executive officer owned 25,000 shares in the company, valued at approximately $5,203,250. This trade represents a 95.82% decrease in their position. 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 ninety days, insiders have sold 4,128,775 shares of company stock valued at $767,332,289. Company insiders own 2.70% of the company’s stock.

Arista Networks Stock Up 2.9%

NYSE:ANET opened at $189.15 on Friday. The stock has a market cap of $238.56 billion, a P/E ratio of 59.67, a PEG ratio of 1.95 and a beta of 1.60. The business’s 50-day moving average price is $177.57 and its two-hundred day moving average price is $156.28. Arista Networks, Inc. has a twelve month low of $114.52 and a twelve month high of $214.89.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.Arista Networks’s revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities research analysts expect that Arista Networks, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ANET. KeyCorp restated 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. Bank of America reaffirmed a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $225.00 target price on shares of Arista Networks in a research note on Wednesday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $240.00 price target (up from $181.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, TD Cowen raised their price target on shares of Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $226.05.

Arista Networks Profile

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.