Arista Networks, Inc. $ANET Shares Sold by Formuepleje A S

Posted by Brian Himes on Oct 15th, 2026

Formuepleje A S lowered its holdings in Arista Networks, Inc. (NYSE:ANET – Free Report) by 44.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,835 shares of the technology company’s stock after selling 3,793 shares during the quarter. Formuepleje A S’s holdings in Arista Networks were worth $984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of ANET. State Street Corp increased its holdings in Arista Networks by 159.4% in the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock worth $20,606,975,000 after buying an additional 74,541,134 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Arista Networks by 34.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock worth $1,712,788,000 after buying an additional 2,497,275 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Arista Networks by 199.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after acquiring an additional 6,409,612 shares during the period. Deutsche Bank AG lifted its stake in Arista Networks by 4.3% during the 2nd quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after acquiring an additional 388,354 shares during the period. Finally, Wellington Management Group LLP lifted its stake in Arista Networks by 5.9% during the 2nd quarter. Wellington Management Group LLP now owns 8,440,963 shares of the technology company’s stock valued at $1,433,951,000 after acquiring an additional 470,451 shares during the period. 82.47% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Kenneth Duda sold 17,333 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $203.50, for a total transaction of $3,527,265.50. Following the completion of the sale, the insider directly owned 12,976 shares in the company, valued at approximately $2,640,616. The trade was a 57.19% decrease in their ownership of the stock. The sale was disclosed in a filing 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, CEO Jayshree Ullal sold 130,553 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $217.10, for a total transaction of $28,343,056.30. Following the sale, the chief executive officer owned 4,774,691 shares of the company’s stock, valued at $1,036,585,416.10. This trade represents a 2.66% 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. Over the last ninety days, insiders have sold 3,627,449 shares of company stock worth $740,784,723. Company insiders own 2.70% of the company’s stock.

Arista Networks Price Performance

Arista Networks stock traded down $12.27 during mid-day trading on Thursday, reaching $183.15. 6,047,001 shares of the stock traded hands, compared to its average volume of 7,858,619. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41. The business’s 50-day moving average is $198.83 and its 200-day moving average is $173.87. The stock has a market capitalization of $230.99 billion, a PE ratio of 57.77, a price-to-earnings-growth ratio of 2.38 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.13. The business had revenue of $3.04 billion for 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 revenue for the quarter was up 37.7% on a year-over-year basis. During the same period last year, the firm posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities analysts anticipate that Arista Networks, Inc. will post 3.79 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ANET. Rosenblatt Securities raised their price target on shares of Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Evercore reissued an “outperform” rating on shares of Arista Networks in a report on Wednesday, October 7th. KeyCorp restated an “overweight” rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. TD Cowen increased their price objective on shares of Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley restated an “overweight” rating and issued a $220.00 target price (up from $190.00) on shares of Arista Networks in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Arista Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $235.45.

Read Our Latest Stock Analysis on Arista Networks

Arista Networks Profile

(Free Report)

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.