S.E.E.D. Planning Group LLC Buys New Holdings in Arista Networks, Inc. $ANET

S.E.E.D. Planning Group LLC purchased a new stake in shares of Arista Networks, Inc. (NYSE:ANET) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 169,740 shares of the technology company’s stock, valued at approximately $34,557,000. Arista Networks comprises approximately 8.1% of S.E.E.D. Planning Group LLC’s holdings, making the stock its biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. American National Bank & Trust lifted its position in Arista Networks by 66.6% in the 3rd quarter. American National Bank & Trust now owns 1,588 shares of the technology company’s stock valued at $323,000 after acquiring an additional 635 shares in the last quarter. Great Waters Wealth Management purchased a new position in shares of Arista Networks in the third quarter worth $1,175,000. Juncture Wealth Strategies LLC bought a new position in shares of Arista Networks during the third quarter valued at $766,000. Legacy Private Trust Co. purchased a new stake in shares of Arista Networks during the third quarter valued at $10,008,000. Finally, Horizons Wealth Management bought a new stake in Arista Networks in the 3rd quarter worth about $163,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ANET has been the topic of several research analyst reports. Morgan Stanley restated 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. Jefferies Financial Group set a $250.00 price objective on shares of Arista Networks in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research note on Monday, August 31st. They set a “buy” rating and a $220.00 target price for the company. Finally, TD Cowen upped their price objective on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. One analyst has 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, the stock currently has a consensus rating of “Buy” and a consensus price target of $231.70.

Arista Networks Stock Up 0.3%

ANET traded up $0.70 during midday trading on Wednesday, reaching $216.06. The company had a trading volume of 2,403,107 shares, compared to its average volume of 7,921,002. The business has a 50-day moving average of $195.43 and a two-hundred day moving average of $170.62. The company has a market cap of $272.51 billion, a P/E ratio of 68.16, a P/E/G ratio of 2.43 and a beta of 1.60. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $216.81.

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 analysts’ consensus estimates of $0.89 by $0.13. The firm 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 quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities research analysts predict that Arista Networks, Inc. will post 3.74 EPS for the current year.

Key Headlines 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 scale-up and scale-out AI infrastructure. The platforms were developed with AMD, Arm, Broadcom, Meta, Microsoft, Qualcomm and other technology companies, strengthening Arista’s positioning in the expanding AI-fabric market. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
• Positive Sentiment: ClearBridge Investments highlighted Arista as an AI-infrastructure outperformer, citing solid execution, clearer AI monetization and raised guidance. The commentary supports the view that Arista may benefit as investors favor companies converting AI demand into revenue and earnings. Arista Networks Outperforms AI Infrastructure Peers
• Positive Sentiment: Arista was among the leading AI-stock purchases as the broader market reached a record high, while strong sector demand also lifted networking peers. The stock recently reached a new 52-week high, indicating continued momentum. Dow Jones Futures Fall, Yields Jump After S&P 500 Hits High
• Positive Sentiment: Bernstein initiated coverage with an Outperform rating, adding another favorable analyst view. Previous broker targets were also raised after Arista’s latest results, and the broader analyst consensus remains Buy.
• Neutral Sentiment: Arista will report third-quarter 2026 results after the market close on November 3. Investors may remain focused on whether results and guidance validate the current AI-driven valuation. Arista Networks to Announce Q3 2026 Financial Results
• Negative Sentiment: Zacks Research downgraded Arista from Strong Buy to Hold, potentially limiting near-term upside after the stock’s substantial rally.
• Negative Sentiment: Director Mark Templeton sold 5,000 shares worth approximately $1.02 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its bearish significance, but it is still a source of investor caution.

Insider Activity at Arista Networks

In other news, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 16,387,981 shares in the company, valued at $3,297,589,536.82. This trade represents a 4.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of 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 position. 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 have sold 3,387,316 shares of company stock worth $676,926,570 in the last ninety days. Insiders own 2.70% of the company’s stock.

About Arista Networks

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.