Arista Networks, Inc. $ANET Stake Boosted by Ellsworth Advisors LLC

Posted by Brian Himes on Oct 16th, 2026

Ellsworth Advisors LLC lifted its position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 204.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 142,772 shares of the technology company’s stock after purchasing an additional 95,851 shares during the period. Arista Networks accounts for about 4.7% of Ellsworth Advisors LLC’s holdings, making the stock its biggest position. Ellsworth Advisors LLC’s holdings in Arista Networks were worth $29,067,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ANET. Cura Wealth Advisors LLC boosted its stake in shares of Arista Networks by 3.1% in the 2nd quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after buying an additional 52 shares during the last quarter. Affinity Capital Advisors LLC grew its holdings in shares of Arista Networks by 1.4% in the third quarter. Affinity Capital Advisors LLC now owns 3,770 shares of the technology company’s stock valued at $817,000 after acquiring an additional 53 shares in the last quarter. Madison Wealth Partners Inc grew its holdings in shares of Arista Networks by 2.8% in the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock valued at $370,000 after acquiring an additional 60 shares in the last quarter. Intrua Financial LLC increased its position in shares of 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 acquiring an additional 61 shares during the last quarter. Finally, Shepherd Financial Partners LLC increased its position in shares of Arista Networks by 1.2% during the second quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock valued at $918,000 after acquiring an additional 66 shares during the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ANET. The Goldman Sachs Group reiterated a “buy” rating and set a $225.00 price target on shares of Arista Networks in a report on Wednesday, August 5th. Weiss Ratings cut Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Citigroup restated a “buy” rating and issued a $248.00 price objective (up from $215.00) on shares of Arista Networks in a research note on Thursday, October 8th. Jefferies Financial Group set a $250.00 target price on Arista Networks in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein started coverage on Arista Networks in a research report on Wednesday, September 30th. They set an “outperform” rating and a $250.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $235.45.

View Our Latest Stock Analysis on ANET

Insider Transactions at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $198.95, for a total transaction of $59,685,000.00. Following the transaction, the insider owned 180,543,048 shares of the company’s stock, valued at $35,919,039,399.60. This represents a 0.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark B. Templeton sold 5,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $204.37, for a total value of $1,021,850.00. Following the transaction, the director owned 48,410 shares of the company’s stock, valued at $9,893,551.70. The trade was a 9.36% 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 90 days, insiders sold 3,627,449 shares of company stock valued at $740,784,723. 2.70% of the stock is currently owned by insiders.

Arista Networks Trading Down 5.1%

NYSE:ANET opened at $185.53 on Friday. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $217.41. The firm’s 50 day moving average is $198.69 and its 200 day moving average is $174.33. The stock has a market capitalization of $234.00 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 2.27 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $2.83 billion. During the same period in the prior year, the company earned $0.73 earnings per share. Arista Networks’s revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts predict that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

Arista Networks Company 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.