Arista Networks, Inc. $ANET Holdings Boosted by HighTower Advisors LLC

Posted by Stanley Muller on Sep 7th, 2026

HighTower Advisors LLC increased its stake in Arista Networks, Inc. (NYSE:ANET – Free Report) by 1.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 647,735 shares of the technology company’s stock after acquiring an additional 10,393 shares during the period. HighTower Advisors LLC’s holdings in Arista Networks were worth $110,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ANET. Main Street Group LTD acquired a new position in shares of Arista Networks during the first quarter valued at $26,000. Sankala Group LLC acquired a new stake in shares of Arista Networks in the 4th quarter worth about $27,000. Prosperity Bancshares Inc acquired a new stake in shares of Arista Networks in the 4th quarter worth about $28,000. ABS Investment Management LLC bought a new stake in Arista Networks in the 2nd quarter valued at about $29,000. Finally, Hilton Head Capital Partners LLC lifted its position in Arista Networks by 184.9% in the 1st quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock valued at $30,000 after purchasing an additional 159 shares during the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Stock Performance

NYSE ANET opened at $193.54 on Monday. The stock has a market capitalization of $244.10 billion, a P/E ratio of 61.05, a P/E/G ratio of 2.30 and a beta of 1.62. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $214.89. The business’s fifty day moving average is $182.94 and its two-hundred day moving average is $160.29.

Arista Networks (NYSE:ANET – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The company’s revenue was up 37.7% compared to the same quarter last year. During the same period last year, the company posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, research analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on ANET. Weiss Ratings cut shares of Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Wells Fargo & Company reiterated an “overweight” rating and set a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Evercore reissued an “outperform” rating on shares of Arista Networks in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a report on Monday, August 31st. They issued a “buy” rating and a $220.00 price objective for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $220.00 target price (up from $190.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $225.76.

Get Our Latest Stock Report on ANET

Insider Buying and Selling at Arista Networks

In related news, CFO Chantelle Breithaupt sold 612 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $195.77, for a total value of $119,811.24. Following the completion of the transaction, the chief financial officer owned 69,921 shares in the company, valued at $13,688,434.17. This trade represents a 0.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 26,000 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $185.42, for a total value of $4,820,920.00. Following the sale, the insider owned 452,400 shares in the company, valued at approximately $83,884,008. The trade was a 5.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold a total of 3,782,694 shares of company stock valued at $726,728,187 over the last 90 days. 2.70% of the stock is owned by insiders.

Key Headlines Impacting Arista Networks

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.

About Arista Networks

(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.