1,174,489 Shares in Arista Networks, Inc. $ANET Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH bought a new position in Arista Networks, Inc. (NYSE:ANET) during the 3rd quarter, Holdings Channel.com reports. The firm bought 1,174,489 shares of the technology company’s stock, valued at approximately $239,114,000. Arista Networks accounts for about 1.2% of Fort Washington Investment Advisors Inc. OH’s portfolio, making the stock its 16th largest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in ANET. 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 worth $20,606,975,000 after buying an additional 74,541,134 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Arista Networks by 34.6% during the 2nd 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 buying an additional 2,497,275 shares during the last quarter. Envestnet Asset Management Inc. boosted its position 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 buying an additional 6,409,612 shares during the period. Deutsche Bank AG boosted its position 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 buying an additional 388,354 shares during the period. Finally, Wellington Management Group LLP boosted its position 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 buying an additional 470,451 shares during the period. Institutional investors own 82.47% of the company’s stock.

Arista Networks Price Performance

ANET stock opened at $195.11 on Thursday. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $217.41. The firm has a 50-day moving average of $198.83 and a 200 day moving average of $173.87. The company has a market cap of $246.07 billion, a P/E ratio of 61.55, a PEG ratio of 2.38 and a beta of 1.60.

Arista Networks (NYSE:ANET) last posted 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. 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 was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities research analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ANET shares. Sanford C. Bernstein initiated coverage on shares of Arista Networks in a research report on Wednesday, September 30th. They issued an “outperform” rating and a $250.00 price objective on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and set a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Evercore reiterated an “outperform” rating on shares of Arista Networks in a report on Wednesday, October 7th. The Goldman Sachs Group reiterated a “buy” rating and set a $225.00 target price on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Citigroup reissued a “buy” rating and issued a $248.00 target price (up from $215.00) on shares of Arista Networks in a research note on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Arista Networks has an average rating of “Moderate Buy” and an average target price of $235.45.

Key Headlines Impacting Arista Networks

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Arista introduced an open Ethernet rack-scale portfolio designed to connect accelerators across liquid-cooled racks for large AI workloads. The launch reinforces the company’s position in AI networking and could expand its addressable market. Arista Networks Stock Dropped, What Is Behind the Fresh Attention?
• Positive Sentiment: Erste Group Bank modestly raised its FY2026 EPS estimate to $3.79 from $3.78 and its FY2027 forecast to $4.74 from $4.73, while maintaining a Buy rating. The revisions suggest continued confidence in Arista’s earnings growth.
• Positive Sentiment: A separate report said Arista’s revenue outlook was raised for the third time this year and non-cancellable purchase commitments climbed 2.7 times to $9.7 billion. If accurate, the commitments provide stronger visibility into future demand. Arista Networks Prospects and Earnings
• Neutral Sentiment: Arista’s previous quarterly results exceeded expectations, with revenue up 37.7% year over year and EPS of $1.02 versus the $0.89 consensus. However, the stock trades at a high earnings multiple, leaving less room for disappointment.
• Negative Sentiment: CEO Jayshree Ullal sold 130,553 shares for approximately $28.3 million and another 27,990 shares for about $6.1 million. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and Ullal still owns roughly 4.8 million shares, which reduces—but does not eliminate—the negative signal from the sales.
• Negative Sentiment: The stock recently declined more than the broader market after gaining about 58% year to date and reaching near its 52-week high. The move appears consistent with profit-taking and valuation concerns rather than a reported deterioration in Arista’s business outlook. Arista Networks Registers a Bigger Fall Than the Market

Insider Activity at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the transaction, the insider owned 181,143,048 shares in the company, valued at $36,826,381,658.40. This trade represents a 0.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 Arista Networks stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38. Following 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. 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. Insiders sold a total of 3,627,449 shares of company stock valued at $740,784,723 in the last three months. Corporate insiders own 2.70% of the company’s stock.

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.