8,562 Shares in Arista Networks, Inc. $ANET Acquired by Hiley Hunt Wealth Management

Hiley Hunt Wealth Management acquired a new stake in Arista Networks, Inc. (NYSE:ANET) during the third quarter, Holdings Channel.com reports. The firm acquired 8,562 shares of the technology company’s stock, valued at approximately $1,743,000. Arista Networks accounts for approximately 0.7% of Hiley Hunt Wealth Management’s portfolio, making the stock its 18th largest holding.

Several other institutional investors have also modified their holdings of ANET. Farther Finance Advisors LLC boosted its position in shares of Arista Networks by 352.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 161,504 shares of the technology company’s stock worth $32,881,000 after acquiring an additional 125,784 shares in the last quarter. Sapient Capital LLC raised its position in shares of Arista Networks by 5.3% during the 3rd quarter. Sapient Capital LLC now owns 4,849 shares of the technology company’s stock worth $987,000 after acquiring an additional 244 shares in the last quarter. Westwind Capital purchased a new stake in Arista Networks during the third quarter worth approximately $1,747,000. CoreCap Advisors LLC boosted its holdings in Arista Networks by 17.0% in the third quarter. CoreCap Advisors LLC now owns 28,604 shares of the technology company’s stock valued at $5,823,000 after purchasing an additional 4,149 shares in the last quarter. Finally, Atwood & Palmer Inc. boosted its holdings in Arista Networks by 282.5% in the third quarter. Atwood & Palmer Inc. now owns 15,298 shares of the technology company’s stock valued at $3,115,000 after purchasing an additional 11,298 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Arista Networks Stock Down 2.3%

NYSE:ANET traded down $4.95 during trading hours on Thursday, reaching $210.88. 4,874,947 shares of the company’s stock were exchanged, compared to its average volume of 7,920,179. Arista Networks, Inc. has a 1-year low of $114.52 and a 1-year high of $217.32. The firm has a market capitalization of $265.97 billion, a price-to-earnings ratio of 66.53, a P/E/G ratio of 2.53 and a beta of 1.60. The company has a 50-day moving average of $196.59 and a 200 day moving average of $171.18.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the business posted $0.73 earnings per share. Arista Networks’s quarterly revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts forecast that Arista Networks, Inc. will post 3.74 EPS for the current fiscal year.

Arista Networks News Summary

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

• Positive Sentiment: New AI networking portfolio supports growth prospects. Arista introduced an open Ethernet rack-scale portfolio for high-density AI infrastructure, designed for both scale-up and scale-out networks. The solutions use open standards, liquid cooling and partnerships with companies including AMD, Broadcom, Meta, Microsoft and Qualcomm. The launch could help Arista win business from proprietary alternatives such as NVIDIA’s InfiniBand by giving hyperscalers greater hardware flexibility. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
• Positive Sentiment: AI infrastructure demand remains the central bullish catalyst. Investment commentary highlights Arista as a potential beneficiary of sustained hyperscaler and data-center spending, with investors increasingly favoring companies showing clear AI monetization and execution. The company’s Ethernet opportunity is expanding as cloud providers seek vendor-neutral networking systems. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
• Positive Sentiment: Recent operating results and guidance were strong. Arista’s latest quarter generated $3.04 billion in revenue, up 37.7% year over year, while earnings per share of $1.02 exceeded consensus expectations. Management’s outlook for approximately $1.06-$1.08 in third-quarter EPS reinforces expectations for continued data-center growth.
• Neutral Sentiment: Momentum has been substantial, but the valuation leaves less room for disappointment. The stock has risen roughly 65% year to date and trades at a high earnings multiple. Supporters view the premium as justified by rapid growth, strong margins and a debt-light balance sheet, while investors may be taking profits after the recent record high. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
• Negative Sentiment: Zacks downgraded Arista from “strong buy” to “hold.” The rating change may be weighing on sentiment, particularly after the stock’s sharp rally. Analysts also cite customer concentration and potential margin pressure as risks to the upside. Arista Networks Stock Rating Lowered by Zacks Research

Insider Buying and Selling

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of the stock in a transaction that occurred 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 directly owned 16,387,981 shares of the company’s stock, valued at approximately $3,297,589,536.82. This trade represents a 4.47% decrease in their position. The transaction 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, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction that occurred on Wednesday, August 5th. The shares were 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 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 have sold a total of 3,144,894 shares of company stock valued at $631,310,023 over the last quarter. 2.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Sanford C. Bernstein began coverage on shares of Arista Networks in a report on Wednesday, September 30th. They set an “outperform” rating and a $250.00 price objective on the stock. Citigroup restated a “buy” rating and issued a $248.00 target price (up from $215.00) on shares of Arista Networks in a report on Thursday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Arista Networks in a research report on Monday, August 31st. They issued a “buy” rating and a $220.00 target price on the stock. Bank of America reiterated a “buy” rating and set a $240.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research report on Wednesday, August 5th. One research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $235.45.

Arista Networks 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.