Dominguez Wealth Management Solutions Inc. acquired a new position in Arista Networks, Inc. (NYSE:ANET – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,797 shares of the technology company’s stock, valued at approximately $773,000.
Several other institutional investors also recently bought and sold shares of ANET. Elevation Wealth Partners LLC lifted its holdings in shares of Arista Networks by 386.7% in the 3rd quarter. Elevation Wealth Partners LLC now owns 1,431 shares of the technology company’s stock worth $291,000 after buying an additional 1,137 shares during the period. Retirement Wealth Solutions LLC grew its position in shares of Arista Networks by 890.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 297 shares of the technology company’s stock worth $60,000 after buying an additional 267 shares in the last quarter. Cooper Financial Group grew its position in shares of Arista Networks by 36.6% during the 3rd quarter. Cooper Financial Group now owns 17,084 shares of the technology company’s stock worth $3,478,000 after buying an additional 4,576 shares in the last quarter. Elm3 Financial Group LLC increased its stake in shares of Arista Networks by 40.9% during the third quarter. Elm3 Financial Group LLC now owns 3,494 shares of the technology company’s stock valued at $711,000 after buying an additional 1,014 shares during the period. Finally, Epiq Partners LLC purchased a new position in shares of Arista Networks during the third quarter valued at $1,285,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Arista Networks
In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of the sale, the insider directly owned 181,143,048 shares of the company’s stock, valued at approximately $36,826,381,658.40. This represents a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the completion of the sale, the chief executive officer owned 16,387,981 shares in the company, valued at $3,297,589,536.82. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,387,316 shares of company stock valued at $676,926,570 over the last quarter. 2.70% of the stock is currently owned by corporate insiders.
Arista Networks Trading Up 0.2%
Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share 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 firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the prior year, the business posted $0.73 EPS. The firm’s quarterly revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Analysts forecast that Arista Networks, Inc. will post 3.74 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms recently weighed in on ANET. Sanford C. Bernstein assumed coverage on shares of Arista Networks in a research note on Wednesday, September 30th. They issued an “outperform” rating and a $250.00 price objective for the company. Bank of America reissued a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. UBS Group reissued a “buy” rating and set a $259.00 target price (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $220.00 price target (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $231.70.
Get Our Latest Analysis on ANET
Key Stories Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista announced an open Ethernet rack-scale portfolio for high-density AI infrastructure, supporting both scale-up and scale-out networks. The liquid-cooled architectures, resiliency features and open-standards approach position the company to benefit from rising demand for AI data-center connectivity. Arista is collaborating with AMD, Arm, Broadcom, Meta, Microsoft, Qualcomm and other technology partners. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
- Positive Sentiment: ClearBridge Investments highlighted Arista as an AI-infrastructure company with a clearer path to monetization, citing solid execution and raised guidance. The view reinforces investor confidence following the company’s recent earnings beat and strong demand environment. Arista Networks Outperforms AI Infrastructure Peers
- Positive Sentiment: Arista was among the AI stocks leading market buying, while AI-networking demand also lifted related companies. The stock recently reached a fresh 52-week high, signaling strong momentum and investor interest. Arista Networks Reaches a Fresh 52-Week High
- Positive Sentiment: Bernstein initiated coverage with an “Outperform” rating, adding to a generally bullish analyst backdrop. The company’s latest reported quarter included revenue growth of 37.7% year over year and an EPS beat, while third-quarter guidance calls for EPS of $1.06 to $1.08.
- Neutral Sentiment: Arista will report third-quarter 2026 results after the market closes on November 3. The announcement provides a forthcoming catalyst, with investors likely focused on AI-related demand, customer spending and whether guidance is raised. Arista Networks Q3 2026 Results Date
- Negative Sentiment: Zacks Research downgraded Arista from “Strong Buy” to “Hold,” creating a modest counterweight to the broader positive analyst sentiment. The stock’s elevated valuation also leaves it sensitive to any slowdown in AI infrastructure spending or disappointing guidance.
- Neutral Sentiment: Director Mark Templeton sold 5,000 shares under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his position by 9.36%, but its scheduled nature makes it a limited signal of changing insider conviction.
Arista Networks Company Profile
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.
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