Rice Partnership LLC Buys 45,939 Shares of Arista Networks, Inc. $ANET

Rice Partnership LLC increased its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 144.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 77,653 shares of the technology company’s stock after purchasing an additional 45,939 shares during the period. Arista Networks accounts for 1.6% of Rice Partnership LLC’s investment portfolio, making the stock its 19th largest position. Rice Partnership LLC’s holdings in Arista Networks were worth $11,315,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in ANET. Bare Financial Services Inc lifted its holdings in shares of Arista Networks by 2,118.2% in the second quarter. Bare Financial Services Inc now owns 244 shares of the technology company’s stock worth $25,000 after buying an additional 233 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock valued at $29,000 after buying an additional 72 shares during the period. Richardson Financial Services Inc. grew its position in Arista Networks by 141.3% during the third quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company’s stock worth $32,000 after buying an additional 130 shares in the last quarter. SJS Investment Consulting Inc. increased its stake in Arista Networks by 979.2% in the 3rd quarter. SJS Investment Consulting Inc. now owns 259 shares of the technology company’s stock worth $38,000 after acquiring an additional 235 shares during the last quarter. Finally, Solstein Capital LLC increased its stake in Arista Networks by 493.8% in the 2nd quarter. Solstein Capital LLC now owns 380 shares of the technology company’s stock worth $39,000 after acquiring an additional 316 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Company raised its 2026 revenue-growth outlook, citing accelerating demand for AI-focused Ethernet switching and share gains in high‑speed data‑center networking — a catalyst for higher future revenue and margins. Arista Ups 2026 Outlook
• Positive Sentiment: Goldman Sachs raised its price target to $188 (from $165) and kept a Buy rating, highlighting Arista as an AI-growth beneficiary — this adds institutional endorsement and can support upside. Goldman Sachs Raises PT
• Positive Sentiment: Multiple outlets and analyst roundups (Zacks, MSN, The Motley Fool, Kalkine) profile Arista as a top long‑term growth / AI infrastructure pick — reinforcing investor narrative that Arista benefits structurally from AI datacenter buildouts. Why Arista is a Top Growth Stock
• Neutral Sentiment: Coverage notes inclusion in analyst “top AI stocks” lists and broader market narratives around Ethernet for AI (Russell 1000 alignment), which supports thematic interest but is not an immediate earnings driver. Growth Aligns With Ethernet AI
• Neutral Sentiment: Erste Group published FY2027 earnings forecasts for Arista — useful for modeling but less likely to move the stock immediately compared with the outlook/upgrade and insider activity. Erste Group Forecasts FY2027
• Negative Sentiment: Recent insider selling was reported and was linked to a share‑price pullback; that kind of activity can increase short‑term downward pressure and trigger profit-taking after a strong run. Insider Selling Reported

Analyst Upgrades and Downgrades

ANET has been the subject of several recent analyst reports. Barclays reissued an “overweight” rating and set a $184.00 price objective (up previously from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Wells Fargo & Company boosted their price target on shares of Arista Networks from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Evercore restated an “outperform” rating and set a $200.00 price objective on shares of Arista Networks in a research report on Friday, February 13th. Needham & Company LLC lifted their price objective on shares of Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Rosenblatt Securities increased their target price on Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Seventeen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $176.88.

Arista Networks Trading Down 4.1%

ANET opened at $127.31 on Tuesday. The company has a market cap of $159.97 billion, a P/E ratio of 46.13, a P/E/G ratio of 2.37 and a beta of 1.42. The business’s 50-day moving average price is $133.93 and its 200-day moving average price is $137.55. Arista Networks, Inc. has a 12 month low of $59.43 and a 12 month high of $164.94.

Arista Networks (NYSE:ANET) last issued its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.07. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period in the prior year, the business posted $0.66 EPS. Arista Networks’s quarterly revenue was up 28.9% compared to the same quarter last year. Equities research analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.

Insider Activity at Arista Networks

In related news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $140.43, for a total value of $1,123,440.00. Following the transaction, the director directly owned 9,784 shares of the company’s stock, valued at $1,373,967.12. The trade was a 44.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $142.44, for a total transaction of $4,558,080.00. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at $1,848,301.44. This represents a 71.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 194,000 shares of company stock worth $25,566,700 in the last 90 days. Company insiders own 3.39% of the company’s stock.

About Arista Networks

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.