Arista Networks, Inc. $ANET Shares Newly Acquired by Great Waters Wealth Management

Great Waters Wealth Management acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) during the 3rd quarter, Holdings Channel reports. The firm acquired 5,773 shares of the technology company’s stock, valued at approximately $1,175,000.

A number of other institutional investors and hedge funds also recently modified their holdings of ANET. Cura Wealth Advisors LLC grew its stake in shares of Arista Networks by 3.1% during the 2nd quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock valued at $297,000 after acquiring an additional 52 shares during the period. Madison Wealth Partners Inc raised its stake in Arista Networks by 2.8% during the 2nd quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock worth $370,000 after acquiring an additional 60 shares during the period. Intrua Financial LLC lifted its holdings in Arista Networks by 2.7% during the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after purchasing an additional 61 shares in the last quarter. Shepherd Financial Partners LLC boosted its position in shares of Arista Networks by 1.2% in the second quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock worth $918,000 after purchasing an additional 66 shares during the period. Finally, NBT Bank N A NY increased its stake in shares of Arista Networks by 37.2% in the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after purchasing an additional 67 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Insider Buying and Selling at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $198.95, for a total transaction of $59,685,000.00. Following the completion of the transaction, the insider directly owned 180,543,048 shares in the company, valued at approximately $35,919,039,399.60. This represents a 0.17% 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, CFO Chantelle Breithaupt sold 612 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $195.77, for a total transaction of $119,811.24. Following the completion of the sale, the chief financial officer owned 69,921 shares in the company, valued at $13,688,434.17. This represents a 0.87% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 3,387,316 shares of company stock worth $676,926,570. Company insiders own 2.70% of the company’s stock.

Arista Networks Price Performance

Shares of Arista Networks stock traded up $0.40 during trading on Wednesday, reaching $215.76. 2,038,496 shares of the stock traded hands, compared to its average volume of 7,919,933. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $216.07. The business has a fifty day simple moving average of $195.43 and a two-hundred day simple moving average of $170.62. The company has a market capitalization of $272.12 billion, a price-to-earnings ratio of 68.04, a P/E/G ratio of 2.43 and a beta of 1.60.

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

Key Stories Impacting Arista Networks

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

• Positive Sentiment: AI networking demand remains the primary catalyst. Arista has been identified as a leading AI-stock purchase alongside Astera Labs and GE Vernova, while industry coverage points to accelerating demand for high-speed data-center networking equipment. Dow Jones Futures Fall, Yields Jump After S&P 500 Hits High
• Positive Sentiment: ClearBridge highlighted Arista’s execution and improved outlook. The investment manager said leadership within large-cap growth stocks is shifting toward businesses with clearer AI monetization paths and cited Arista’s solid execution and raised guidance as reasons for its relative outperformance. Arista Networks Outperforms AI Infrastructure Peers
• Positive Sentiment: Analyst support remains broadly favorable. Bernstein initiated coverage with an Outperform rating, and the wider analyst consensus remains Buy, with several firms recently raising price targets after Arista’s latest earnings beat and strong revenue growth. Bernstein Starts Coverage of Arista Networks
• Neutral Sentiment: Arista will report third-quarter 2026 results after the market closes on November 3, providing the next major catalyst for the stock. Investors will focus on whether AI-related demand supports current guidance and elevated valuation levels. Arista Networks to Announce Q3 2026 Financial Results
• Negative Sentiment: Zacks Research downgraded ANET from Strong Buy to Hold. The downgrade may limit near-term upside, particularly because the stock trades at a premium valuation and is close to its recent high.
• Negative Sentiment: A director sold 5,000 shares under a pre-arranged Rule 10b5-1 plan. Because the transaction was scheduled in advance and represents a relatively small portion of holdings, it is a limited—but still mildly negative—signal. Arista Networks Insider Sale

Analyst Ratings Changes

Several analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating and set a $220.00 price objective (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a research note on Monday, August 31st. They issued a “buy” rating and a $220.00 price target for the company. Wells Fargo & Company restated an “overweight” rating and issued a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Arista Networks has an average rating of “Buy” and a consensus price target of $231.70.

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.