9,370 Arista Networks, Inc. $ANET Shares Purchased by Howard Capital Management LLC

Posted by George Bondi on Oct 17th, 2026

Howard Capital Management LLC lifted its holdings in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 124.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 16,927 shares of the technology company’s stock after acquiring an additional 9,370 shares during the quarter. Howard Capital Management LLC’s holdings in Arista Networks were worth $3,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of ANET. State Street Corp lifted its position in Arista Networks by 159.4% during 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 purchasing an additional 74,541,134 shares during the period. Jupiter Topco LLC purchased a new stake in Arista Networks in the second quarter worth approximately $1,101,860,000. Envestnet Asset Management Inc. grew its position in Arista Networks by 199.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock worth $1,635,978,000 after purchasing an additional 6,409,612 shares during the period. Alyeska Investment Group L.P. bought a new stake in Arista Networks in the 2nd quarter worth approximately $537,736,000. Finally, Massachusetts Financial Services Co. MA raised its stake 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 valued at $1,712,788,000 after buying an additional 2,497,275 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

Arista Networks News Summary

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

Positive Sentiment: BNP Paribas Exane upgraded Arista Networks to “strong buy,” providing a favorable analyst signal for the stock. Ticker Report article
Positive Sentiment: A hammer chart pattern suggests ANET may have found technical support after its recent pullback. The article also cites broad upward revisions to Wall Street earnings estimates, which could support a near-term rebound. Zacks bottom-fisher article
Positive Sentiment: Arista remains exposed to the expanding AI-infrastructure market. Comparisons with Akamai focus on Arista’s stronger growth prospects and profitability, factors that could help justify a premium valuation if AI-related demand remains strong. AKAM versus ANET article
Neutral Sentiment: After roughly a sevenfold five-year rally, investors are reassessing whether Arista’s cash generation can support its current valuation. The debate reflects elevated expectations rather than a reported deterioration in operations. Yahoo Finance valuation article
Negative Sentiment: Reports that Arista shares fell following insider selling are weighing on sentiment, as investors may interpret sales as a cautionary signal even though insider transactions do not necessarily indicate weaker fundamentals. American Banking News insider-selling article

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group reissued a “buy” rating and set a $225.00 price target on shares of Arista Networks in a report on Wednesday, August 5th. KeyCorp reaffirmed an “overweight” rating and issued a $250.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Wells Fargo & Company reiterated an “overweight” rating and set a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price objective on Arista Networks in a research report on Wednesday, August 5th. 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 report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $235.45.

Read Our Latest Research Report on Arista Networks

Arista Networks Trading Down 4.7%

ANET stock traded down $8.74 during midday trading on Friday, reaching $176.84. 6,842,368 shares of the company’s stock traded hands, compared to its average volume of 5,292,150. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $217.41. The stock has a market cap of $223.03 billion, a P/E ratio of 55.78, a PEG ratio of 2.16 and a beta of 1.60. The stock’s 50-day moving average is $198.46 and its 200 day moving average is $174.34.

Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly 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. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the company posted $0.73 EPS. The company’s revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, research analysts expect that Arista Networks, Inc. will post 3.79 EPS for the current fiscal year.

Insider Transactions at Arista Networks

In related news, CFO Chantelle Breithaupt sold 1,224 shares of the firm’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $215.00, for a total value of $263,160.00. Following the transaction, the chief financial officer directly owned 68,697 shares of the company’s stock, valued at approximately $14,769,855. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 130,553 shares of Arista Networks stock in a transaction on Friday, October 9th. The shares were sold at an average price of $217.10, for a total value of $28,343,056.30. Following the transaction, the chief executive officer owned 4,774,691 shares in the company, valued at $1,036,585,416.10. This trade represents a 2.66% 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. Insiders sold a total of 3,627,449 shares of company stock worth $740,784,723 over the last three months. 2.70% of the stock is currently owned by insiders.

About Arista Networks

(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.