State Street Corp Acquires 74,541,134 Shares of Arista Networks, Inc. $ANET

Posted by Brian Himes on Sep 22nd, 2026

State Street Corp boosted its holdings in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 159.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 121,303,125 shares of the technology company’s stock after purchasing an additional 74,541,134 shares during the quarter. State Street Corp owned about 9.62% of Arista Networks worth $20,606,975,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Silicon Valley Capital Partners grew its position in Arista Networks by 2,331.4% in the second quarter. Silicon Valley Capital Partners now owns 156,458 shares of the technology company’s stock worth $26,579,000 after acquiring an additional 150,023 shares in the last quarter. Cherry Tree Wealth Management LLC lifted its stake in shares of Arista Networks by 1,383.2% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 4,420 shares of the technology company’s stock valued at $751,000 after purchasing an additional 4,122 shares during the last quarter. Talon Private Wealth LLC bought a new stake in shares of Arista Networks in the 2nd quarter valued at approximately $232,000. ABS Direct Equity Fund LLC purchased a new position in shares of Arista Networks in the 2nd quarter worth approximately $29,000. Finally, Bouchey Financial Group Ltd. boosted its holdings in shares of Arista Networks by 17.1% in the 2nd quarter. Bouchey Financial Group Ltd. now owns 1,787 shares of the technology company’s stock worth $304,000 after purchasing an additional 261 shares during the period. Institutional investors own 82.47% of the company’s stock.

Analyst Ratings Changes

ANET has been the topic of several recent research reports. Rosenblatt Securities increased their price target on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Truist Financial lifted their price objective on shares of Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price objective on shares of Arista Networks in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research note on Monday, August 31st. They issued a “buy” rating and a $220.00 target price on the stock. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $225.00 target price 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 and twenty-one have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, Arista Networks presently has an average rating of “Buy” and an average price target of $227.80.

Check Out Our Latest Stock Analysis on Arista Networks

Arista Networks Stock Performance

Arista Networks stock traded down $1.37 during mid-day trading on Tuesday, hitting $204.05. The company’s stock had a trading volume of 1,698,791 shares, compared to its average volume of 8,133,324. The company has a 50 day moving average of $188.10 and a 200-day moving average of $165.18. Arista Networks, Inc. has a one year low of $114.52 and a one year high of $214.89. The stock has a market cap of $257.35 billion, a PE ratio of 64.39, a P/E/G ratio of 2.37 and a beta of 1.62.

Arista Networks (NYSE:ANET – Get Free Report) last released its earnings results 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 business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period last year, the company 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 forecast that Arista Networks, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $198.95, for a total value of $59,685,000.00. Following the completion of the sale, the insider directly owned 180,543,048 shares of the company’s stock, valued at $35,919,039,399.60. The trade was a 0.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kelly Battles sold 422 shares of Arista Networks stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $187.34, for a total transaction of $79,057.48. Following the sale, the director directly owned 10,194 shares of the company’s stock, valued at $1,909,743.96. This represents a 3.98% decrease in their position. 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. Insiders have sold a total of 3,784,361 shares of company stock worth $736,922,644 over the last ninety days. 2.70% of the stock is currently owned by company insiders.

Arista Networks Profile

(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.