Arista Networks (NYSE:ANET) Trading 3% Higher – Here’s Why

Posted by Brenda Bartman on Sep 21st, 2026

Shares of Arista Networks, Inc. (NYSE:ANET – Get Free Report) rose 3% on Monday . The company traded as high as $205.95 and last traded at $205.37. 4,913,078 shares changed hands during trading, a decline of 40% from the average session volume of 8,162,768 shares. The stock had previously closed at $199.39.

Analysts Set New Price Targets

ANET has been the subject of several research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Arista Networks in a research report on Wednesday, August 5th. Truist Financial upped their price target on shares of Arista Networks from $175.00 to $234.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a report on Wednesday, July 15th. Zacks Research raised shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Bank of America reissued a “buy” rating and issued a $240.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to data from MarketBeat.com, Arista Networks has a consensus rating of “Buy” and a consensus price target of $227.80.

Read Our Latest Research Report on ANET

Arista Networks Stock Up 3.0%

The stock has a market cap of $259.02 billion, a price-to-earnings ratio of 64.79, a price-to-earnings-growth ratio of 2.37 and a beta of 1.62. The stock’s 50 day moving average price is $187.62 and its two-hundred day moving average price is $164.61.

Arista Networks (NYSE:ANET – Get Free Report) last posted its 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 during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the firm posted $0.73 earnings per share. The firm’s quarterly 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. On average, analysts predict that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the sale, the insider owned 181,143,048 shares in the company, valued at $36,826,381,658.40. This represents a 0.17% decrease in their ownership of the stock. The sale was disclosed in a 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. Also, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value of $154,341,575.38. Following the sale, the chief executive officer directly owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. This trade represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 3,484,361 shares of company stock valued at $677,237,644. Insiders own 2.70% of the company’s stock.

Institutional Trading of Arista Networks

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC boosted its stake in shares of Arista Networks by 1,383.2% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 4,420 shares of the technology company’s stock worth $751,000 after acquiring an additional 4,122 shares in the last quarter. Talon Private Wealth LLC acquired a new position in Arista Networks in the 2nd quarter worth about $232,000. ABS Direct Equity Fund LLC purchased a new position in Arista Networks during the second quarter worth approximately $29,000. Bouchey Financial Group Ltd. grew its holdings in Arista Networks by 17.1% in the second quarter. Bouchey Financial Group Ltd. now owns 1,787 shares of the technology company’s stock valued at $304,000 after purchasing an additional 261 shares during the period. Finally, Capstone Financial Advisors Inc. purchased a new stake in shares of Arista Networks in the second quarter valued at approximately $207,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Company Profile

(Get Free Report)

Arista Networks, Inc designs, develops and sells cloud networking solutions for large data centers, cloud service providers, internet companies, enterprises and other organizations. Its portfolio includes high-performance Ethernet switches, routers and wireless networking products used to connect servers, storage systems, users and applications across data center and campus environments.

The company’s software offerings include Arista EOS, its Linux-based network operating system, and CloudVision, a cloud-based platform for network management, automation, monitoring and analytics.