Mirae Asset Global Investments Co. Ltd. purchased a new stake in Arista Networks, Inc. (NYSE:ANET – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 471,754 shares of the technology company’s stock, valued at approximately $96,044,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Cura Wealth Advisors LLC lifted its stake in shares of Arista Networks by 3.1% in the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after acquiring an additional 52 shares during the period. Affinity Capital Advisors LLC boosted its holdings in Arista Networks by 1.4% in the third quarter. Affinity Capital Advisors LLC now owns 3,770 shares of the technology company’s stock valued at $817,000 after acquiring an additional 53 shares during the last quarter. Global Assets Advisory LLC boosted its holdings in Arista Networks by 0.9% in the third quarter. Global Assets Advisory LLC now owns 6,352 shares of the technology company’s stock valued at $1,318,000 after acquiring an additional 57 shares during the last quarter. Madison Wealth Partners Inc increased its position in Arista Networks by 2.8% during the 2nd quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock valued at $370,000 after purchasing an additional 60 shares during the period. Finally, Brucke Financial Inc. increased its position in Arista Networks by 4.7% during the 3rd quarter. Brucke Financial Inc. now owns 1,391 shares of the technology company’s stock valued at $283,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.
Arista Networks Stock Performance
Shares of Arista Networks stock opened at $168.63 on Friday. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $217.41. The stock has a 50 day moving average price of $195.18 and a two-hundred day moving average price of $164.70. The stock has a market capitalization of $212.68 billion, a PE ratio of 53.20, a price-to-earnings-growth ratio of 1.96 and a beta of 1.60.
Arista Networks (NYSE:ANET – Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the prior year, the firm earned $0.73 earnings per share. Arista Networks’s revenue for the quarter was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts forecast that Arista Networks, Inc. will post 3.79 EPS for the current year.
Insider Buying and Selling at Arista Networks
In other Arista Networks news, CFO Chantelle Breithaupt sold 1,224 shares of the firm’s stock in a transaction on Tuesday, October 6th. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 shares were sold at an average price of $204.37, for a total transaction of $1,021,850.00. Following the transaction, the director owned 48,410 shares of the company’s stock, valued at $9,893,551.70. This represents a 9.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 3,627,449 shares of company stock worth $741,235,386. Company insiders own 2.70% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on ANET. Morgan Stanley restated an “overweight” rating and set a $220.00 price target (up from $190.00) on shares of Arista Networks in a report on Wednesday, August 5th. TD Cowen reduced their price objective on shares of Arista Networks from $250.00 to $205.00 and set a “buy” rating on the stock in a research note on Monday, October 19th. Deutsche Bank Aktiengesellschaft started coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 price objective for the company. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $255.00 target price (up from $200.00) 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, twenty-one have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $233.20.
View Our Latest Stock Analysis on Arista Networks
Key Headlines Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista’s leadership in high-speed networking for hyperscale cloud and artificial-intelligence data centers remains a key investment argument. A comparison with Figma highlights Arista’s established infrastructure position, while Figma is still expanding its collaborative design platform and generative-AI tools. Arista Networks vs. Figma: Which Technology Stock Is a Better Buy in 2026?
- Positive Sentiment: Analysts and market commentary continue to point to accelerating AI infrastructure investment as a long-term growth driver. One valuation analysis suggests ANET could be roughly 23% undervalued if its AI-related outlook and product expansion are realized. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
- Positive Sentiment: Arista was included among high-return-on-equity stocks positioned to benefit from the AI-driven market rally, reinforcing its reputation for strong profitability and capital efficiency. 5 Stocks With High ROE to Bet on as AI-Infused Rally Spurs Markets
- Neutral Sentiment: The global AI data-center market is forecast to expand substantially through 2036, offering a favorable industry backdrop for Arista, although the report covers many competing equipment and infrastructure suppliers. Global AI Data Center Market Size, Share, Trends, and Forecast
- Negative Sentiment: Investors appear cautious ahead of earnings: shares have pulled back nearly 10% over the past month and roughly 20% from their high as profit-taking and valuation concerns increase the risk of disappointment. Arista trades at a premium multiple, leaving limited room for weaker guidance or supply-chain issues. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
- Negative Sentiment: Recent trading coverage noted ANET underperformed the broader market, while attention on a Prometheus networking deployment adds another near-term execution and product-adoption uncertainty. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus
Arista Networks Company Profile
Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.
Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.
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