Wealthfront Advisers LLC Has $29.70 Million Holdings in Arista Networks, Inc. $ANET

Posted by George Bondi on Aug 19th, 2026

Wealthfront Advisers LLC raised its holdings in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 4.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 174,820 shares of the technology company’s stock after purchasing an additional 7,744 shares during the period. Wealthfront Advisers LLC’s holdings in Arista Networks were worth $29,698,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ANET. Cura Wealth Advisors LLC lifted its position 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 purchasing an additional 52 shares in the last quarter. Intrua Financial LLC grew its position in Arista Networks by 2.7% during the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after purchasing an additional 61 shares in the last quarter. NBT Bank N A NY increased its stake in Arista Networks by 37.2% in the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock valued at $30,000 after buying an additional 67 shares during the period. Hoxton Planning & Management LLC increased its stake in Arista Networks by 4.1% in the 1st quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after buying an additional 68 shares during the period. Finally, Y.D. More Investments Ltd lifted its position in Arista Networks by 8.7% in the 1st quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock worth $107,000 after buying an additional 70 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Price Performance

Arista Networks stock opened at $192.61 on Wednesday. Arista Networks, Inc. has a one year low of $114.52 and a one year high of $214.89. The company’s fifty day moving average price is $175.81 and its two-hundred day moving average price is $155.48. The company has a market capitalization of $242.93 billion, a price-to-earnings ratio of 60.76, a PEG ratio of 2.06 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly 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. 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 business’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, sell-side analysts anticipate that Arista Networks, Inc. will post 3.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ANET. Citigroup reissued a “buy” rating on shares of Arista Networks in a research note on Thursday, August 6th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $255.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Bank of America reiterated 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. Rosenblatt Securities lifted their price objective on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Zacks Research upgraded Arista Networks from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $226.05.

Check Out Our Latest Stock Analysis on Arista Networks

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the sale, the insider directly owned 181,143,048 shares in the company, valued at approximately $36,826,381,658.40. The trade was a 0.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value of $154,341,575.38. Following the sale, the chief executive officer directly owned 16,387,981 shares of the company’s stock, valued at $3,297,589,536.82. The trade was a 4.47% 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 a total of 4,334,197 shares of company stock worth $798,500,786 over the last three months. 2.70% of the stock is owned by company insiders.

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.