Northstar Asset Management Inc. Lowers Holdings in Arista Networks, Inc. $ANET

Northstar Asset Management Inc. trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 29.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,362 shares of the technology company’s stock after selling 6,102 shares during the period. Northstar Asset Management Inc.’s holdings in Arista Networks were worth $2,440,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ANET. Main Street Group LTD acquired a new stake in shares of Arista Networks during the 1st quarter worth approximately $26,000. Sankala Group LLC purchased a new position in shares of Arista Networks during the 4th quarter valued at approximately $27,000. Prosperity Bancshares Inc acquired a new position in shares of Arista Networks in the 4th quarter valued at $28,000. ABS Investment Management LLC acquired a new position in shares of Arista Networks in the 2nd quarter valued at $29,000. Finally, Hilton Head Capital Partners LLC boosted its holdings in Arista Networks by 184.9% during the first quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock worth $30,000 after buying an additional 159 shares in the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Stock Performance

Arista Networks stock opened at $195.59 on Friday. The stock has a market capitalization of $246.68 billion, a P/E ratio of 61.70, a P/E/G ratio of 2.08 and a beta of 1.60. The company’s fifty day moving average price is $180.28 and its 200 day moving average price is $158.40. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $214.89.

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, topping analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The firm’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Sell-side analysts predict that Arista Networks, Inc. will post 3.7 EPS for the current year.

Arista Networks News Summary

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

• Positive Sentiment: Arista Networks continues to benefit from growing AI data-center investment. Demand for high-speed, scalable networking equipment from cloud providers and enterprises supports the company’s long-term growth outlook. 3 Stocks That Are No-Brainer Buys in the Second Half of 2026
• Positive Sentiment: Wall Street’s consensus remains bullish, with an average “Buy” recommendation and several analysts recently raising price targets, including targets of $240, $250 and $280. However, brokerage ratings can be optimistic and may already reflect substantial AI-related growth expectations. Is It Worth Investing in Arista Networks Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Arista’s latest results were strong: quarterly revenue rose 37.7% year over year to $3.04 billion, exceeding expectations, while EPS of $1.02 topped the $0.89 consensus. Third-quarter EPS guidance of $1.06–$1.08 provides continued support, but investors are focused on whether growth can meet the high valuation.
• Negative Sentiment: Component availability is becoming a key investment risk. A potential earnings-multiple contraction over the next two years depends less on customer demand than on whether Arista can obtain the parts needed to fulfill AI-networking orders on time. Delays could pressure revenue timing and margins. Arista’s Price Assumes the Parts Arrive on Time
• Negative Sentiment: CEO Jayshree Ullal sold 13,809 shares for approximately $2.65 million, reducing her direct ownership by 58.2%. The sale was executed under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal, but it may still contribute to profit-taking concerns. SEC insider sale filing
• Negative Sentiment: Political resistance to new AI data centers could delay or restrict projects, potentially slowing infrastructure spending by Arista’s major cloud customers. Arista Networks Faces New Political Risk

Wall Street Analyst Weigh In

Several analysts recently commented on ANET shares. KeyCorp restated an “overweight” rating and set a $250.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Zacks Research upgraded shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Morgan Stanley reissued an “overweight” rating and set a $220.00 target price (up from $190.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a “buy” rating in a research report on Wednesday, June 10th. Finally, Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target for the company in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Arista Networks presently has a consensus rating of “Buy” and an average target price of $226.05.

Insider Activity at Arista Networks

In related news, insider Kenneth Duda sold 17,333 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $185.42, for a total transaction of $3,213,884.86. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at $2,406,009.92. This represents a 57.19% decrease in their position. The transaction was disclosed in a document filed 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kelly Bodnar Battles sold 422 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $187.34, for a total transaction of $79,057.48. Following the completion of the transaction, the director directly owned 10,194 shares in the company, valued at $1,909,743.96. This represents a 3.98% 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 sold 3,950,082 shares of company stock worth $741,060,096 over the last three months. Company insiders own 2.70% of the company’s stock.

Arista Networks Company Profile

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.