Commerce Bank Acquires 44,466 Shares of Arista Networks, Inc. $ANET

Posted by Brian Himes on Aug 23rd, 2026

Commerce Bank increased its holdings in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 28.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 201,000 shares of the technology company’s stock after acquiring an additional 44,466 shares during the quarter. Commerce Bank’s holdings in Arista Networks were worth $34,146,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in ANET. Pinnbrook Capital Management LP bought a new position in Arista Networks in the 2nd quarter worth approximately $1,614,000. Gabelli Funds LLC boosted its position in shares of Arista Networks by 3.7% in the second quarter. Gabelli Funds LLC now owns 126,340 shares of the technology company’s stock valued at $21,463,000 after acquiring an additional 4,512 shares during the period. Gamco Investors INC. ET AL boosted its position in shares of Arista Networks by 30.7% in the second quarter. Gamco Investors INC. ET AL now owns 4,062 shares of the technology company’s stock valued at $690,000 after acquiring an additional 954 shares during the period. Madison Wealth Partners Inc grew its stake in shares of Arista Networks by 2.8% in the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock worth $370,000 after acquiring an additional 60 shares during the last quarter. Finally, Emerald Investment Advisers LLC grew its stake in shares of Arista Networks by 5.0% in the second quarter. Emerald Investment Advisers LLC now owns 23,040 shares of the technology company’s stock worth $3,914,000 after acquiring an additional 1,087 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Key Stories Impacting Arista Networks

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

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the completion of the transaction, the chief executive officer owned 16,387,981 shares in the company, valued at $3,297,589,536.82. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks 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 sale, the insider directly owned 181,143,048 shares in the company, valued at $36,826,381,658.40. The trade was a 0.17% 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. Insiders sold 4,128,775 shares of company stock valued at $767,332,289 in the last three months. Company insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on ANET shares. Wolfe Research reiterated an “outperform” rating and set a $175.00 target price on shares of Arista Networks in a research note on Wednesday, June 10th. KeyCorp restated an “overweight” rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Raymond James Financial raised Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 target price on the stock in a research report on Friday, May 15th. Finally, Jefferies Financial Group set a $250.00 price target on Arista Networks in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $226.05.

View Our Latest Report on Arista Networks

Arista Networks Price Performance

Shares of Arista Networks stock opened at $189.15 on Friday. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $214.89. The firm has a market capitalization of $238.56 billion, a PE ratio of 59.67, a price-to-earnings-growth ratio of 1.95 and a beta of 1.60. The company’s fifty day moving average price is $177.57 and its two-hundred day moving average price is $156.28.

Arista Networks (NYSE:ANET – Get Free Report) last released 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 net margin of 38.37% and a return on equity of 30.65%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm earned $0.73 EPS. The firm’s revenue for the quarter 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. Analysts predict that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

Arista Networks Profile

(Free Report)

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.