Sigma Planning Corp boosted its position in Arista Networks, Inc. (NYSE:ANET – Free Report) by 26.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 18,815 shares of the technology company’s stock after buying an additional 3,898 shares during the quarter. Sigma Planning Corp’s holdings in Arista Networks were worth $3,196,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ANET. Lighthouse Financial Services Inc. ADV bought a new stake in Arista Networks in the fourth quarter valued at approximately $1,549,000. Bensler LLC acquired a new stake in Arista Networks in the fourth quarter worth $6,350,000. QRG Capital Management Inc. boosted its position in shares of Arista Networks by 6.4% during the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after purchasing an additional 10,217 shares in the last quarter. Jefferies Financial Group Inc. grew its holdings in shares of Arista Networks by 59.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after buying an additional 6,591 shares during the period. Finally, Reaves W H & Co. Inc. acquired a new position in shares of Arista Networks in the 4th quarter valued at $3,058,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.
Arista Networks News Roundup
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista Networks continues to benefit from growing AI data-center investment. Demand for high-speed, scalable networking equipment from cloud providers and enterprises supports the company’s long-term growth outlook. 3 Stocks That Are No-Brainer Buys in the Second Half of 2026
- Positive Sentiment: Wall Street’s consensus remains bullish, with an average “Buy” recommendation and several analysts recently raising price targets, including targets of $240, $250 and $280. However, brokerage ratings can be optimistic and may already reflect substantial AI-related growth expectations. Is It Worth Investing in Arista Networks Based on Wall Street’s Bullish Views?
- Neutral Sentiment: Arista’s latest results were strong: quarterly revenue rose 37.7% year over year to $3.04 billion, exceeding expectations, while EPS of $1.02 topped the $0.89 consensus. Third-quarter EPS guidance of $1.06–$1.08 provides continued support, but investors are focused on whether growth can meet the high valuation.
- Negative Sentiment: Component availability is becoming a key investment risk. A potential earnings-multiple contraction over the next two years depends less on customer demand than on whether Arista can obtain the parts needed to fulfill AI-networking orders on time. Delays could pressure revenue timing and margins. Arista’s Price Assumes the Parts Arrive on Time
- Negative Sentiment: CEO Jayshree Ullal sold 13,809 shares for approximately $2.65 million, reducing her direct ownership by 58.2%. The sale was executed under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal, but it may still contribute to profit-taking concerns. SEC insider sale filing
- Negative Sentiment: Political resistance to new AI data centers could delay or restrict projects, potentially slowing infrastructure spending by Arista’s major cloud customers. Arista Networks Faces New Political Risk
Arista Networks Price Performance
Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share 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 analysts’ expectations 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 for the quarter was up 37.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Sell-side analysts anticipate that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.
Insider Transactions at Arista Networks
In other news, insider Kenneth Duda sold 17,333 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $185.42, for a total transaction of $3,213,884.86. Following the completion of the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at $2,406,009.92. 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 available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, major shareholder Andreas Bechtolsheim sold 111,848 shares of Arista Networks stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $192.75, for a total transaction of $21,558,702.00. Following the completion of the sale, the insider owned 109,833 shares in the company, valued at $21,170,310.75. This trade represents a 50.45% decrease in their ownership of the stock. 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 quarter, insiders have sold 3,942,082 shares of company stock worth $739,707,376. 2.70% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several analysts recently commented on ANET shares. Deutsche Bank Aktiengesellschaft raised Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. TD Cowen boosted their target price on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Needham & Company LLC restated a “buy” rating and issued a $260.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Wolfe Research reaffirmed an “outperform” rating and set a $175.00 price target on shares of Arista Networks in a research report on Wednesday, June 10th. Finally, Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective on the stock in a report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $226.05.
Read Our Latest Research Report on ANET
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.
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