Concurrent Investment Advisors LLC Boosts Stake in Arista Networks, Inc. $ANET

Posted by George Bondi on Sep 5th, 2026

Concurrent Investment Advisors LLC raised its stake in Arista Networks, Inc. (NYSE:ANET – Free Report) by 13.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 70,065 shares of the technology company’s stock after purchasing an additional 8,329 shares during the period. Concurrent Investment Advisors LLC’s holdings in Arista Networks were worth $11,903,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. ABS Investment Management LLC bought a new position in shares of Arista Networks in the second quarter valued at approximately $29,000. Kelleher Financial Advisors bought a new stake in Arista Networks in the second quarter worth approximately $31,000. Sankala Group LLC acquired a new stake in Arista Networks in the 4th quarter worth approximately $27,000. Prosperity Bancshares Inc bought a new stake in Arista Networks during the 4th quarter valued at approximately $28,000. Finally, Main Street Group LTD acquired a new position in shares of Arista Networks during the first quarter valued at about $26,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Arista Networks news, insider Kenneth Duda sold 17,333 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $185.42, for a total transaction of $3,213,884.86. Following the completion of the transaction, the insider owned 12,976 shares of the company’s stock, valued at $2,406,009.92. This represents a 57.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kelly Battles sold 422 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $187.34, for a total transaction of $79,057.48. Following the completion of the sale, the director directly owned 10,194 shares in the company, valued at $1,909,743.96. This represents a 3.98% 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. In the last 90 days, insiders have sold 3,782,694 shares of company stock valued at $726,728,187. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Up 1.1%

Shares of Arista Networks stock opened at $193.54 on Friday. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89. The business has a 50 day moving average price of $182.94 and a 200-day moving average price of $160.16. The company has a market cap of $244.10 billion, a PE ratio of 61.05, a price-to-earnings-growth ratio of 2.27 and a beta of 1.62.

Arista Networks (NYSE:ANET – Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) 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 business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the business posted $0.73 earnings per share. The business’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. As a group, research analysts anticipate that Arista Networks, Inc. will post 3.7 EPS for the current year.

More Arista Networks News

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

Positive Sentiment: Arista’s investment case remains supported by surging AI infrastructure demand, improving supply-chain execution and strong free cash flow. The company’s shares have gained 37.3% over the past six months, although the recent advance has raised questions about how much upside remains. ANET Rises 37.3% in Six Months: Is There More Room to Grow?
Positive Sentiment: The company’s latest quarterly results provide a fundamental catalyst: adjusted earnings of $1.02 per share exceeded the $0.89 consensus estimate, while revenue of $3.04 billion topped the $2.83 billion forecast and increased 37.7% year over year. Arista guided to third-quarter EPS of $1.06-$1.08. Arista Networks Offers Entry After 42% Gain Amid Earnings Beat; Data Center Demand Surging
Positive Sentiment: Deutsche Bank initiated coverage with a Buy rating and a $220 price target. This adds to a generally favorable analyst view, with a consensus Buy rating and an average target of $225.76; UBS, Jefferies and Morgan Stanley have also cited targets above the current trading range.
Neutral Sentiment: Arista edged higher even as networking peer Ciena weakened after issuing in-line guidance, suggesting investors may be differentiating ANET based on its stronger AI and cloud-networking growth outlook. Ciena Corporation Tumbles 10% as In-Line Guidance Overshadows Earnings Beat, Arista Edges Higher
Negative Sentiment: CFO Chantelle Breithaupt sold 612 shares worth approximately $119,811. The transaction reduced her holdings by 0.87%, but it was executed under a pre-arranged Rule 10b5-1 plan, limiting its significance as a bearish signal. Arista’s elevated valuation—about 60 times earnings and a PEG ratio of 2.21—also leaves the stock sensitive to slower growth or weaker guidance.

Analyst Ratings Changes

ANET has been the topic of several recent analyst reports. TD Cowen boosted their price target on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Evercore reiterated an “outperform” rating on shares of Arista Networks in a research report on Wednesday, August 5th. Citigroup reissued a “buy” rating on shares of Arista Networks in a research note on Thursday, August 6th. KeyCorp restated an “overweight” rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $260.00 target price (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 assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $225.76.

Read Our Latest Report on ANET

Arista Networks Company 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.