Public Employees Retirement System of Ohio acquired a new stake in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 404,642 shares of the technology company’s stock, valued at approximately $68,741,000.
A number of other large investors also recently bought and sold shares of the business. Main Street Group LTD purchased a new position in shares of Arista Networks in the 1st quarter valued at $26,000. Sankala Group LLC purchased a new position in shares of Arista Networks in the 4th quarter worth approximately $27,000. Prosperity Bancshares Inc purchased a new stake in Arista Networks during the fourth quarter valued at approximately $28,000. ABS Investment Management LLC purchased a new position in Arista Networks in the second quarter worth $29,000. Finally, Hilton Head Capital Partners LLC lifted its holdings in shares of Arista Networks by 184.9% during the 1st quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock valued at $30,000 after purchasing an additional 159 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.
Insiders Place Their Bets
In other news, Director Kelly Bodnar Battles sold 422 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $187.34, for a total value of $79,057.48. Following the completion of the sale, the director directly owned 10,194 shares in the company, valued at $1,909,743.96. The trade was a 3.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 13,809 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $191.79, for a total value of $2,648,428.11. Following the transaction, the chief executive officer owned 9,917 shares in the company, valued at $1,901,981.43. This trade represents a 58.20% 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. Insiders sold a total of 3,950,082 shares of company stock valued at $741,060,096 in the last three months. 2.70% of the stock is currently owned by company insiders.
Trending Headlines about Arista Networks
- Positive Sentiment: Arista remains a major beneficiary of rising AI data-center investment. Demand for high-speed networking equipment is expanding as cloud providers and technology companies build out AI infrastructure, supporting the company’s growth outlook. 3 Stocks That Are No-Brainer Buys in the Second Half of 2026
- Positive Sentiment: Analysts remain broadly bullish. The consensus price target implies approximately 26.7% upside, while several firms recently raised targets to $250 and maintained buy or overweight ratings. However, price targets are not guaranteed and may already reflect strong growth expectations. Wall Street Analysts Believe Arista Networks Could Rally 26.74%
- Neutral Sentiment: Arista’s latest quarterly results were strong, with EPS of $1.02 versus $0.89 expected and revenue of $3.04 billion versus $2.83 billion expected. Revenue increased 37.7% year over year, and management guided to third-quarter EPS of $1.06–$1.08.
- Negative Sentiment: CEO Jayshree Ullal sold 13,809 shares worth about $2.65 million, reducing her direct ownership by 58.2%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which limits its value as a bearish signal, but the size of the sale may encourage profit-taking. SEC CEO insider sale filing
- Negative Sentiment: Political opposition to new AI data centers could create regulatory delays or limit construction, potentially slowing demand from Arista’s large cloud customers. Investors are also watching customer concentration and elevated valuation risk, with ANET trading at roughly 63.5 times earnings. Arista Networks Faces New Political Risk
Arista Networks Stock Performance
Shares of Arista Networks stock opened at $201.30 on Friday. The firm has a 50-day simple moving average of $179.77 and a two-hundred day simple moving average of $158.14. The company has a market cap of $253.88 billion, a P/E ratio of 63.50, a price-to-earnings-growth ratio of 2.09 and a beta of 1.60. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $214.89.
Arista Networks (NYSE:ANET – Get Free Report) last posted its 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. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The company’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period last year, the firm earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities research analysts forecast that Arista Networks, Inc. will post 3.7 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on ANET shares. UBS Group reiterated a “buy” rating and issued a $259.00 price target (up from $187.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Barclays reaffirmed an “overweight” rating and issued a $289.00 price target (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Wolfe Research reissued an “outperform” rating and issued a $175.00 target price on shares of Arista Networks in a research report on Wednesday, June 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $220.00 price target (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $255.00 price target (up from $200.00) on shares of 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 assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Arista Networks has an average rating of “Buy” and an average target price of $226.05.
Get Our Latest Analysis on ANET
About Arista Networks
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.
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