Daiichi Life Insurance Co. Ltd. trimmed its position in Arista Networks, Inc. (NYSE:ANET – Free Report) by 21.5% in the second quarter, HoldingsChannel.com reports. The firm owned 111,533 shares of the technology company’s stock after selling 30,467 shares during the quarter. Daiichi Life Insurance Co. Ltd.’s holdings in Arista Networks were worth $18,947,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ANET. Lighthouse Financial Services Inc. ADV acquired a new position in Arista Networks during the fourth quarter worth about $1,549,000. Bensler LLC acquired a new stake in Arista Networks in the 4th quarter valued at about $6,350,000. QRG Capital Management Inc. lifted its holdings in Arista Networks by 6.4% in the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock valued at $22,224,000 after acquiring an additional 10,217 shares during the last quarter. Jefferies Financial Group Inc. lifted its holdings in Arista Networks by 59.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after acquiring an additional 6,591 shares during the last quarter. Finally, Reaves W H & Co. Inc. bought a new position in shares of Arista Networks during the 4th quarter valued at about $3,058,000. 82.47% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on ANET. Barclays reiterated an “overweight” rating and issued a $289.00 target price (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Citigroup restated a “buy” rating on shares of Arista Networks in a report on Thursday, August 6th. Truist Financial raised their target price on shares of Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings lowered shares of Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $260.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $226.05.
Arista Networks Stock Up 2.9%
ANET opened at $189.15 on Friday. The firm has a market capitalization of $238.56 billion, a P/E ratio of 59.67, a PEG ratio of 1.95 and a beta of 1.60. The stock has a fifty day moving average of $177.57 and a 200-day moving average of $156.28. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $214.89.
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, beating analysts’ consensus estimates 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%.Arista Networks’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, analysts expect that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.
More Arista Networks News
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista’s leadership in high-speed networking for cloud and AI infrastructure is highlighted as a key advantage over Salesforce, reinforcing the company’s long-term growth profile. Arista Networks vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?
- Positive Sentiment: ANET was included among high-return-on-equity, cash-rich stocks that may appeal to investors seeking quality during volatile markets. Arista’s reported return on equity was approximately 31%. 5 High ROE Stocks to Buy as Markets Sway on Intense Volatility
- Positive Sentiment: Arista has nearly tripled multiyear purchase commitments to roughly $9.7 billion, suggesting management is securing components in anticipation of sustained AI and cloud demand. The spending also signals confidence in a sizable future order pipeline, though it raises execution and inventory risks. Can ANET Stock Compound Its Way Higher?
- Positive Sentiment: Arista’s second-quarter performance was presented as strong enough to support a higher price target. The company recently beat consensus earnings and revenue estimates and issued third-quarter EPS guidance of $1.06 to $1.08. Arista Networks: Q2 2026 Justifies A Higher Price Target
- Neutral Sentiment: Compared with CoreWeave, Arista generates substantially more revenue and has delivered steadier quarter-over-quarter growth, while CoreWeave is expanding faster. The comparison supports Arista’s scale but highlights increasing competition in AI infrastructure. Arista Networks vs. CoreWeave: What Revenue Trends Tell Investors About These Artificial Intelligence Companies
- Negative Sentiment: At an elevated valuation, investors are paying for continued rapid growth. Arista’s future margins could depend heavily on the mix and profitability of customers behind its large capacity commitments. What You Are Really Paying For In Arista Networks Stock
Insiders Place Their Bets
In other Arista Networks news, CEO Jayshree Ullal sold 573,509 shares of Arista Networks stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $208.13, for a total transaction of $119,364,428.17. Following the transaction, the chief executive officer owned 25,000 shares of the company’s stock, valued at $5,203,250. The trade was a 95.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 26,000 shares of Arista Networks stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $170.51, for a total value of $4,433,260.00. Following the transaction, the insider directly owned 462,400 shares in the company, valued at approximately $78,843,824. This trade represents a 5.32% 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. Over the last quarter, insiders have sold 4,128,775 shares of company stock valued at $767,332,289. 2.70% of the stock is owned by insiders.
About Arista Networks
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.
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