Silvia Mccoll Wealth Management LLC Acquires 4,627 Shares of Arista Networks, Inc. $ANET

Silvia Mccoll Wealth Management LLC bought a new position in Arista Networks, Inc. (NYSE:ANET) in the third quarter, HoldingsChannel reports. The fund bought 4,627 shares of the technology company’s stock, valued at approximately $942,000.

A number of other hedge funds have also recently made changes to their positions in the company. State Street Corp increased its stake in shares of Arista Networks by 159.4% in the second quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after buying an additional 74,541,134 shares during the period. Jupiter Topco LLC acquired a new position in Arista Networks in the 2nd quarter valued at approximately $1,101,860,000. Envestnet Asset Management Inc. raised its stake in shares of Arista Networks by 199.0% during the second 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 last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Arista Networks during the second quarter worth $537,736,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in Arista Networks by 34.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after purchasing an additional 2,497,275 shares during the period. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Trading Up 0.2%

NYSE ANET traded up $0.35 during trading hours on Wednesday, hitting $215.71. 4,990,643 shares of the company’s stock were exchanged, compared to its average volume of 7,935,972. The stock has a 50-day simple moving average of $196.59 and a 200 day simple moving average of $171.18. Arista Networks, Inc. has a 1-year low of $114.52 and a 1-year high of $217.32. The firm has a market cap of $272.06 billion, a price-to-earnings ratio of 68.05, a PEG ratio of 2.43 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.13. The firm had revenue of $3.04 billion for 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 in the previous year, the firm earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, sell-side analysts anticipate that Arista Networks, Inc. will post 3.74 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction on 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 transaction, the insider directly owned 181,143,048 shares of the company’s stock, valued at $36,826,381,658.40. This represents a 0.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 767,029 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was 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 of the company’s stock, valued at $3,297,589,536.82. The trade was a 4.47% 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. Insiders have sold a total of 3,387,316 shares of company stock worth $676,926,570 in the last quarter. 2.70% of the stock is owned by corporate insiders.

Arista Networks News Summary

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.

Analyst Upgrades and Downgrades

A number of research firms have commented on ANET. Wells Fargo & Company reiterated an “overweight” rating and issued a $255.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating on shares of Arista Networks in a research note on Wednesday. Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 target price for the company. Morgan Stanley restated 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. Finally, TD Cowen increased their price objective on shares of Arista Networks from $210.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. One investment 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.70.

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.