GAMMA Investing LLC Grows Position in Arista Networks, Inc. $ANET

GAMMA Investing LLC increased its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 16.4% in the second quarter, Holdings Channel reports. The firm owned 35,677 shares of the technology company’s stock after buying an additional 5,019 shares during the period. GAMMA Investing LLC’s holdings in Arista Networks were worth $6,061,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ANET. Grant Private Wealth Management Inc lifted its position in Arista Networks by 12.8% in the second quarter. Grant Private Wealth Management Inc now owns 6,719 shares of the technology company’s stock valued at $1,141,000 after buying an additional 760 shares during the last quarter. Harbor Investment Advisory LLC increased its position in shares of Arista Networks by 36.3% during the second quarter. Harbor Investment Advisory LLC now owns 6,055 shares of the technology company’s stock valued at $1,029,000 after acquiring an additional 1,614 shares during the last quarter. Central Pacific Bank Trust Division increased its position in shares of Arista Networks by 12.8% during the second quarter. Central Pacific Bank Trust Division now owns 14,665 shares of the technology company’s stock valued at $2,491,000 after acquiring an additional 1,664 shares during the last quarter. Moody National Bank Trust Division raised its stake in shares of Arista Networks by 746.7% in the 2nd quarter. Moody National Bank Trust Division now owns 13,903 shares of the technology company’s stock valued at $2,362,000 after acquiring an additional 12,261 shares during the period. Finally, CoreCap Advisors LLC lifted its holdings in shares of Arista Networks by 13.7% in the 2nd quarter. CoreCap Advisors LLC now owns 24,455 shares of the technology company’s stock worth $4,154,000 after acquiring an additional 2,951 shares during the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Arista Networks Stock Performance

Shares of ANET opened at $191.21 on Wednesday. The company’s 50-day simple moving average is $168.68 and its 200-day simple moving average is $151.16. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $194.35. The stock has a market capitalization of $240.77 billion, a PE ratio of 65.48, a P/E/G ratio of 2.84 and a beta of 1.60.

Arista Networks (NYSE:ANET) last announced 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. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter in the previous year, the business posted $0.73 earnings per share. The business’s quarterly revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, sell-side analysts predict that Arista Networks, Inc. will post 3.28 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Citigroup cut their target price on Arista Networks from $176.00 to $173.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company restated an “overweight” rating and set a $200.00 price target (up from $185.00) on shares of Arista Networks in a research note on Thursday, July 16th. Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings cut Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Arista Networks currently has a consensus rating of “Buy” and an average target price of $189.74.

Arista Networks News Summary

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

• Positive Sentiment: Q2 results exceeded estimates: Arista reported adjusted earnings of $1.02 per share versus the $0.89 consensus estimate, while revenue reached $3.04 billion, ahead of the $2.83 billion forecast. Revenue rose 37.7% year over year, marking the company’s first quarter above $3 billion. Arista forecasts upbeat quarterly revenue on AI-driven networking demand
• Positive Sentiment: Upbeat Q3 guidance: Arista forecast third-quarter revenue of approximately $3.3 billion, compared with Wall Street’s $2.9 billion expectation. Its EPS outlook of $1.06–$1.08 also topped the $0.89 consensus estimate, signaling continued momentum. Arista Networks soars on strong Q2 beat and raised outlook
• Positive Sentiment: AI networking demand remains a major growth driver: Customers are expanding AI and cloud infrastructure, supporting demand for Arista’s high-speed networking equipment. The company also highlighted new 1.6-terabit-per-second AI networking systems designed to improve performance and reduce power consumption. Arista Networks Q2 revenue jumps as AI networking demand accelerates
• Neutral Sentiment: Arista’s strong results improve its growth outlook, but the stock’s elevated valuation—approximately 65 times earnings—leaves shares sensitive to any slowdown in AI infrastructure spending or future guidance.

Insider Buying and Selling at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $165.57, for a total transaction of $43,048,200.00. Following the sale, the insider owned 182,543,048 shares of the company’s stock, valued at approximately $30,223,652,457.36. This represents a 0.14% decrease in their ownership of the stock. 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, CEO Jayshree Ullal sold 242,422 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $188.17, for a total value of $45,616,547.74. Following the completion of the sale, the chief executive officer owned 5,171,095 shares in the company, valued at approximately $973,044,946.15. The trade was a 4.48% 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 sold 2,300,316 shares of company stock valued at $382,160,575 in the last 90 days. Company insiders own 2.70% of the company’s stock.

Arista Networks 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.