Arista Networks (NYSE:ANET) Director Sells 5,000 Shares of Stock

Arista Networks, Inc. (NYSE:ANET) Director Mark Templeton sold 5,000 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $165.85, for a total value of $829,250.00. Following the sale, the director owned 43,410 shares in the company, valued at approximately $7,199,548.50. This trade represents a 10.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arista Networks Trading Up 4.9%

Shares of NYSE ANET traded up $8.33 during trading on Wednesday, reaching $178.24. The company had a trading volume of 18,579,979 shares, compared to its average volume of 7,864,575. Arista Networks, Inc. has a twelve month low of $114.52 and a twelve month high of $217.41. The stock has a market capitalization of $224.80 billion, a PE ratio of 56.23, a price-to-earnings-growth ratio of 1.91 and a beta of 1.61. The stock has a 50-day moving average price of $194.30 and a two-hundred day moving average price of $165.10.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, November 3rd. The technology company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.12. The business had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.33 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The business’s revenue was up 58.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.75 earnings per share. On average, sell-side analysts predict that Arista Networks, Inc. will post 3.79 EPS for the current year.

Arista Networks News Roundup

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

• Positive Sentiment: Arista reported third-quarter revenue of $3.66 billion, up 58.5% year over year and above the $3.33 billion consensus. Adjusted EPS of $1.20 also topped estimates of $1.08. Management raised its 2026 revenue outlook to $13.3 billion, and fourth-quarter guidance implies further sequential growth. Article: ANET Q3 Earnings Beat Estimates on Strong AI and Enterprise Demand
• Positive Sentiment: The company forecast 2027 revenue of about $18.5 billion, or 38%–40% growth—well ahead of Wall Street expectations—and sees AI-fabric revenue roughly doubling to $7 billion. Strong AI and enterprise demand, including adoption of Ethernet-based AI networking, underpins the outlook. Article: Arista Networks Q3 Earnings Call Maps Out 2027 AI Expansion
• Positive Sentiment: Analysts responded with higher estimates and targets. Bank of America reiterated Buy with a $240 target, while JPMorgan raised its target to $270 and Piper Sandler to $261. Article: Arista Networks gets BofA backing as 2027 growth outlook tops Street
• Neutral Sentiment: Analyst reactions were not uniformly positive: Barclays cut its target to $236 but maintained an Overweight rating. Separately, a major shareholder’s sale of 267,892 shares was made under a pre-arranged trading plan and represented about 0.15% of his holdings. Article: Barclays analyst recommendations Article: Major shareholder sale
• Negative Sentiment: Investors will be watching profitability: a greater hardware mix may pressure gross margins, with management expecting 2027 gross margin of 62%–64%. Arista’s premium valuation also leaves the stock vulnerable if AI spending or growth falls short of expectations. Article: Arista’s AI growth story builds, but scale-up revenue may have to wait

Institutional Investors Weigh In On Arista Networks

A number of hedge funds and other institutional investors have recently made changes to their positions in ANET. William Mack & Associates Inc. bought a new stake in Arista Networks during the third quarter worth approximately $27,000. Flagship Wealth Advisors LLC acquired a new position in Arista Networks during the third quarter valued at approximately $31,000. ABS Investment Management LLC bought a new position in shares of Arista Networks in the second quarter valued at approximately $29,000. ABS Direct Equity Fund LLC bought a new position in shares of Arista Networks in the second quarter valued at approximately $29,000. Finally, Balance Wealth Partners LLC bought a new position in shares of Arista Networks in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on ANET. Jefferies Financial Group set a $250.00 target price on shares of Arista Networks in a report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on shares of Arista Networks from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Wednesday. TD Cowen cut their price objective on shares of Arista Networks from $250.00 to $205.00 and set a “buy” rating for the company in a research report on Monday, October 19th. Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Arista Networks in a research note on Monday, August 31st. They set a “buy” rating and a $220.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $240.24.

Arista Networks Company Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.