Triangle Securities Wealth Management Buys 4,680 Shares of Arista Networks, Inc. $ANET

Posted by Geri Gentry on Oct 15th, 2026

Triangle Securities Wealth Management increased its stake in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 40.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,290 shares of the technology company’s stock after purchasing an additional 4,680 shares during the period. Triangle Securities Wealth Management’s holdings in Arista Networks were worth $3,316,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ANET. Main Street Group LTD bought a new stake in Arista Networks in the first quarter valued at about $26,000. Sankala Group LLC bought a new position in Arista Networks during the fourth quarter worth about $27,000. ABS Investment Management LLC bought a new position in Arista Networks during the second quarter worth about $29,000. ABS Direct Equity Fund LLC bought a new position in Arista Networks during the second quarter worth about $29,000. Finally, Hilton Head Capital Partners LLC boosted its holdings in Arista Networks by 184.9% during the first quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock worth $30,000 after buying an additional 159 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Stock Down 4.6%

ANET opened at $195.11 on Thursday. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $217.41. The company has a fifty day simple moving average of $198.83 and a 200 day simple moving average of $173.87. The stock has a market cap of $246.07 billion, a P/E ratio of 61.55, a P/E/G ratio of 2.38 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The business had revenue of $3.04 billion for 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 firm’s revenue was up 37.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities research analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 130,553 shares of the stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $217.10, for a total value of $28,343,056.30. Following the completion of the sale, the chief executive officer directly owned 4,774,691 shares in the company, valued at $1,036,585,416.10. This represents a 2.66% decrease in their ownership of the stock. 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. Also, Director Mark Templeton sold 5,000 shares of the firm’s 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 in the company, valued at approximately $9,893,551.70. This represents a 9.36% 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. Over the last ninety days, insiders sold 3,627,449 shares of company stock valued at $740,784,723. 2.70% of the stock is owned by company insiders.

Trending Headlines about Arista Networks

Here are the key news stories impacting Arista Networks this week:

Positive Sentiment: Arista introduced an open Ethernet rack-scale portfolio designed to connect accelerators across liquid-cooled racks for large AI workloads. The launch reinforces the company’s position in AI networking and could expand its addressable market. Arista Networks Stock Dropped, What Is Behind the Fresh Attention?
Positive Sentiment: Erste Group Bank modestly raised its FY2026 EPS estimate to $3.79 from $3.78 and its FY2027 forecast to $4.74 from $4.73, while maintaining a Buy rating. The revisions suggest continued confidence in Arista’s earnings growth.
Positive Sentiment: A separate report said Arista’s revenue outlook was raised for the third time this year and non-cancellable purchase commitments climbed 2.7 times to $9.7 billion. If accurate, the commitments provide stronger visibility into future demand. Arista Networks Prospects and Earnings
Neutral Sentiment: Arista’s previous quarterly results exceeded expectations, with revenue up 37.7% year over year and EPS of $1.02 versus the $0.89 consensus. However, the stock trades at a high earnings multiple, leaving less room for disappointment.
Negative Sentiment: CEO Jayshree Ullal sold 130,553 shares for approximately $28.3 million and another 27,990 shares for about $6.1 million. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and Ullal still owns roughly 4.8 million shares, which reduces—but does not eliminate—the negative signal from the sales.
Negative Sentiment: The stock recently declined more than the broader market after gaining about 58% year to date and reaching near its 52-week high. The move appears consistent with profit-taking and valuation concerns rather than a reported deterioration in Arista’s business outlook. Arista Networks Registers a Bigger Fall Than the Market

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ANET. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $225.00 price target on shares of Arista Networks in a research note on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research report on Wednesday, August 5th. Sanford C. Bernstein started coverage on shares of Arista Networks in a research note on Wednesday, September 30th. They set an “outperform” rating and a $250.00 price objective on the stock. Barclays reissued an “overweight” rating and set a $289.00 price objective (up from $195.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Bank of America restated a “buy” rating and set a $240.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $235.45.

Read Our Latest Analysis on ANET

Arista Networks Profile

(Free Report)

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.