Russell Investments Group Ltd. Sells 168,428 Shares of Arista Networks, Inc. $ANET

Posted by George Bondi on Aug 17th, 2026

Russell Investments Group Ltd. trimmed its position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 10.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,523,652 shares of the technology company’s stock after selling 168,428 shares during the period. Russell Investments Group Ltd.’s holdings in Arista Networks were worth $257,197,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ANET. Brighton Jones LLC boosted its holdings in Arista Networks by 321.7% in the 4th quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after buying an additional 5,955 shares during the period. Revolve Wealth Partners LLC bought a new stake in Arista Networks during the fourth quarter valued at about $202,000. Bison Wealth LLC purchased a new position in shares of Arista Networks in the fourth quarter valued at about $251,000. Sivia Capital Partners LLC lifted its position in shares of Arista Networks by 48.4% in the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock valued at $1,097,000 after acquiring an additional 3,496 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in shares of Arista Networks by 31.3% in the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after acquiring an additional 1,000 shares during the period. 82.47% of the stock is currently owned by institutional investors.

Insider Activity

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 111,848 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $192.75, for a total value of $21,558,702.00. Following the completion of the sale, the insider owned 109,833 shares of the company’s stock, valued at $21,170,310.75. This trade represents a 50.45% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Charles H. Giancarlo sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $181.02, for a total value of $1,448,160.00. Following the transaction, the director owned 184,333 shares of the company’s stock, valued at $33,367,959.66. This trade represents a 4.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,335,168 shares of company stock worth $798,637,629 over the last 90 days. Insiders own 2.70% of the company’s stock.

Arista Networks Price Performance

NYSE:ANET opened at $198.91 on Monday. The firm has a market capitalization of $250.87 billion, a price-to-earnings ratio of 62.75, a PEG ratio of 2.06 and a beta of 1.60. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $214.89. The business has a 50 day simple moving average of $174.08 and a 200-day simple moving average of $154.79.

Arista Networks (NYSE:ANET – Get Free Report) last posted 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. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the firm earned $0.73 earnings per share. Arista Networks’s quarterly 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, analysts expect that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ANET shares. Barclays reissued an “overweight” rating and issued a $289.00 price target (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Truist Financial increased their price objective on shares of Arista Networks from $175.00 to $234.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings cut shares of Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. KeyCorp reissued an “overweight” rating and issued a $250.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Evercore restated an “outperform” rating on shares of Arista Networks in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $226.05.

View Our Latest Stock Report on ANET

Trending Headlines about Arista Networks

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

Positive Sentiment: Arista remains a key beneficiary of expanding artificial-intelligence infrastructure spending. A comparison with Celestica highlights both companies’ growing roles in AI networking, computing and data-center buildouts. Arista’s latest quarter also showed strong momentum, with revenue rising 37.7% year over year and earnings exceeding analyst expectations. CLS vs. ANET: Which AI Stock Offers the Better Growth Opportunity?
Positive Sentiment: CNBC commentator Jim Cramer continues to favor Arista and has described the company and CEO Jayshree Ullal as difficult competitors to bet against. The endorsement reinforces Arista’s reputation as a leading AI-networking investment, although it is sentiment-driven rather than a new fundamental catalyst. Jim Cramer Said Arista Networks, Inc. and Snowflake Inc. Were Worth It
Neutral Sentiment: An options strategy discussed for ANET would generate income while capping upside at a price above the current level. The strategy reflects elevated investor interest and volatility but does not change Arista’s business outlook. Get Paid 18% a Year To Cap Your ANET Stock At 21% Higher
Negative Sentiment: CEO Jayshree Ullal sold 573,509 shares worth approximately $119.4 million, reducing her direct ownership by 95.82% to 25,000 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, but the size of the sale can still weigh on sentiment. SEC insider-trading filing
Negative Sentiment: A valuation analysis argues that Arista’s shares are priced for peak profitability. With the stock trading at a historically elevated multiple and margins near the upper end of their range, investors may be concerned that future upside requires continued exceptional growth and profitability. Arista Networks Stock Is Priced For Its Peak Margin

Arista Networks Profile

(Free Report)

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.