Arista Networks, Inc. $ANET Position Reduced by Westpac Banking Corp

Westpac Banking Corp trimmed its position in Arista Networks, Inc. (NYSE:ANET) by 47.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,069 shares of the technology company’s stock after selling 35,066 shares during the quarter. Westpac Banking Corp’s holdings in Arista Networks were worth $6,637,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in ANET. Avanda Investment Management Pte. Ltd. acquired a new stake in shares of Arista Networks during the second quarter valued at approximately $680,000. Callan Family Office LLC boosted its stake in Arista Networks by 8.3% in the 2nd quarter. Callan Family Office LLC now owns 25,060 shares of the technology company’s stock worth $4,257,000 after purchasing an additional 1,923 shares during the period. Expressive Wealth LLC boosted its stake in Arista Networks by 7.0% in the 2nd quarter. Expressive Wealth LLC now owns 4,135 shares of the technology company’s stock worth $702,000 after purchasing an additional 272 shares during the period. C M Bidwell & Associates Ltd. grew its position in Arista Networks by 15.0% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 3,428 shares of the technology company’s stock worth $582,000 after purchasing an additional 447 shares in the last quarter. Finally, Keebeck Wealth Management grew its position in Arista Networks by 37.9% during the 2nd quarter. Keebeck Wealth Management now owns 3,285 shares of the technology company’s stock worth $558,000 after purchasing an additional 903 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista’s leadership in high-speed networking for cloud and AI infrastructure is highlighted as a key advantage over Salesforce, reinforcing the company’s long-term growth profile. Arista Networks vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: ANET was included among high-return-on-equity, cash-rich stocks that may appeal to investors seeking quality during volatile markets. Arista’s reported return on equity was approximately 31%. 5 High ROE Stocks to Buy as Markets Sway on Intense Volatility
• Positive Sentiment: Arista has nearly tripled multiyear purchase commitments to roughly $9.7 billion, suggesting management is securing components in anticipation of sustained AI and cloud demand. The spending also signals confidence in a sizable future order pipeline, though it raises execution and inventory risks. Can ANET Stock Compound Its Way Higher?
• Positive Sentiment: Arista’s second-quarter performance was presented as strong enough to support a higher price target. The company recently beat consensus earnings and revenue estimates and issued third-quarter EPS guidance of $1.06 to $1.08. Arista Networks: Q2 2026 Justifies A Higher Price Target
• Neutral Sentiment: Compared with CoreWeave, Arista generates substantially more revenue and has delivered steadier quarter-over-quarter growth, while CoreWeave is expanding faster. The comparison supports Arista’s scale but highlights increasing competition in AI infrastructure. Arista Networks vs. CoreWeave: What Revenue Trends Tell Investors About These Artificial Intelligence Companies
• Negative Sentiment: At an elevated valuation, investors are paying for continued rapid growth. Arista’s future margins could depend heavily on the mix and profitability of customers behind its large capacity commitments. What You Are Really Paying For In Arista Networks Stock

Insider Transactions at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 111,848 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $192.75, for a total transaction of $21,558,702.00. Following the completion of the sale, the insider directly owned 109,833 shares of the company’s stock, valued at $21,170,310.75. This trade represents a 50.45% decrease in their position. The transaction 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, CEO Jayshree Ullal sold 573,509 shares of Arista Networks stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $208.13, for a total value of $119,364,428.17. Following the sale, the chief executive officer owned 25,000 shares of the company’s stock, valued at approximately $5,203,250. This represents a 95.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,128,775 shares of company stock worth $767,332,289 in the last ninety days. Company insiders own 2.70% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on ANET shares. Weiss Ratings downgraded shares of Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. TD Cowen raised their target price on Arista Networks from $210.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Wells Fargo & Company reiterated an “overweight” rating and set a $255.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Jefferies Financial Group set a $250.00 price target on Arista Networks in a research report on Wednesday, August 5th. Finally, KeyCorp reissued an “overweight” rating and issued a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $226.05.

Arista Networks Stock Up 2.9%

ANET stock opened at $189.15 on Friday. The company has a 50 day moving average of $177.57 and a two-hundred day moving average of $156.28. The company has a market cap of $238.56 billion, a price-to-earnings ratio of 59.67, a PEG ratio of 1.90 and a beta of 1.60. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $214.89.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the previous year, the company posted $0.73 EPS. Arista Networks’s 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. On average, research analysts anticipate that Arista Networks, Inc. will post 3.7 EPS for the current year.

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.