Bill Few Associates Inc. bought a new position in Arista Networks, Inc. (NYSE:ANET – Free Report) in the 3rd quarter, Holdings Channel reports. The firm bought 61,963 shares of the technology company’s stock, valued at approximately $12,615,000. Arista Networks makes up 2.4% of Bill Few Associates Inc.’s investment portfolio, making the stock its 7th biggest holding.
Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp raised its holdings in shares of Arista Networks by 159.4% in the second quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after acquiring an additional 74,541,134 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Arista Networks by 34.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock worth $1,712,788,000 after acquiring an additional 2,497,275 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Arista Networks by 199.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after purchasing an additional 6,409,612 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Arista Networks by 3.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,528,887 shares of the technology company’s stock valued at $1,248,570,000 after purchasing an additional 287,385 shares during the period. Finally, Deutsche Bank AG raised its holdings in shares of Arista Networks by 4.3% in the 2nd quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after purchasing an additional 388,354 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.
Trending Headlines about Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: The rack-scale launch could broaden Arista’s addressable market as hyperscalers seek flexible, interoperable Ethernet alternatives for AI clusters. Can Arista’s New Rack-Scale Ethernet Solutions for AI Stoke Growth?
- Positive Sentiment: Investor commentary continues to identify ANET as a potential beneficiary of the AI infrastructure boom, with growing Ethernet demand from large cloud customers supporting the bullish outlook. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
- Positive Sentiment: Arista’s strong fundamentals reinforce the growth narrative: recent revenue rose 37.7% year over year to $3.04 billion, while quarterly EPS of $1.02 exceeded the $0.89 consensus estimate. Management has raised its 2026 sales outlook three times, citing AI customers.
- Neutral Sentiment: Options-market commentary describes the stock as being in a bullish trend and highlights spread trades for investors seeking shorter-term exposure, but this reflects trading sentiment rather than a change in Arista’s fundamentals. Arista Networks Stock In A Bull Trend Offers Spread Trade With A Fast Return
- Negative Sentiment: Valuation remains a key risk. Arista trades at roughly 66 times earnings versus about 21 times for the S&P 500, leaving the stock vulnerable if AI-related growth slows, customer concentration weighs on results or margins come under pressure. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
- Negative Sentiment: CEO Jayshree Ullal sold 460,374 shares worth approximately $97.6 million, while CFO Chantelle Breithaupt sold 1,224 shares. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals but still adding selling pressure.
Analysts Set New Price Targets
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Arista Networks Stock Performance
ANET stock traded up $5.67 on Friday, hitting $216.63. 4,328,734 shares of the company’s stock were exchanged, compared to its average volume of 7,901,684. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41. The firm has a 50 day moving average price of $197.40 and a two-hundred day moving average price of $171.74. The stock has a market cap of $273.23 billion, a P/E ratio of 68.34, a price-to-earnings-growth ratio of 2.54 and a beta of 1.60.
Arista Networks (NYSE:ANET – Get Free Report) last released its quarterly 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 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%.The firm’s revenue was up 37.7% compared to the same quarter last year. During the same period last year, the business posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Sell-side analysts expect that Arista Networks, Inc. will post 3.74 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Kenneth Duda sold 17,333 shares of Arista Networks stock in a transaction on Monday, September 21st. The shares were sold at an average price of $203.50, for a total transaction of $3,527,265.50. Following the completion of the sale, the insider directly owned 12,976 shares in the company, valued at approximately $2,640,616. The trade was a 57.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark B. Templeton sold 5,000 shares of Arista Networks stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $204.37, for a total value of $1,021,850.00. Following the sale, the director directly owned 48,410 shares of the company’s stock, valued at approximately $9,893,551.70. This represents a 9.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,371,914 shares of company stock worth $685,305,594 over the last ninety days. Company insiders own 2.70% of the company’s stock.
About Arista Networks
Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.
The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.
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