Arista Networks, Inc. $ANET Shares Newly Purchased by BOS Asset Management LLC

BOS Asset Management LLC acquired a new stake in Arista Networks, Inc. (NYSE:ANET) in the third quarter, Holdings Channel.com reports. The firm acquired 90,033 shares of the technology company’s stock, valued at approximately $18,330,000. Arista Networks comprises 4.2% of BOS Asset Management LLC’s portfolio, making the stock its 3rd biggest position.

Several other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its stake in Arista Networks by 159.4% in the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock worth $20,606,975,000 after purchasing an additional 74,541,134 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Arista Networks by 34.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after purchasing an additional 2,497,275 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Arista Networks by 199.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after purchasing an additional 6,409,612 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Arista Networks by 3.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,528,887 shares of the technology company’s stock valued at $1,248,570,000 after purchasing an additional 287,385 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Arista Networks by 4.3% in the second quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock worth $1,589,651,000 after purchasing an additional 388,354 shares during the period. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Performance

ANET traded up $5.68 during trading on Friday, reaching $216.65. The stock had a trading volume of 1,680,941 shares, compared to its average volume of 7,887,551. The business has a 50-day moving average of $197.40 and a 200-day moving average of $171.74. Arista Networks, Inc. has a one year low of $114.52 and a one year high of $217.32. The stock has a market cap of $273.24 billion, a PE ratio of 68.40, a PEG ratio of 2.54 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 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The firm had revenue of $3.04 billion for 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 company’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 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities research analysts forecast that Arista Networks, Inc. will post 3.74 EPS for the current fiscal year.

Insider Transactions at Arista Networks

In related news, CFO Chantelle Breithaupt sold 1,224 shares of Arista Networks stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $215.00, for a total value of $263,160.00. Following the transaction, the chief financial officer owned 68,697 shares in the company, valued at $14,769,855. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $203.50, for a total transaction of $3,527,265.50. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $2,640,616. The trade was a 57.19% 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. In the last quarter, insiders sold 3,371,914 shares of company stock worth $685,305,594. Corporate insiders own 2.70% of the company’s stock.

Arista Networks News Summary

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

• Positive Sentiment: Arista introduced Ethernet solutions for high-density AI infrastructure supporting both scale-up and scale-out architectures, liquid-cooled racks and enhanced resiliency. The portfolio could broaden Arista’s addressable market as hyperscalers seek open, interoperable alternatives for AI networking. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
• Positive Sentiment: Investor commentary continues to identify ANET as a potential beneficiary of accelerating AI infrastructure spending. Strong execution, rising hyperscaler demand and the company’s Ethernet positioning are supporting the bullish view. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
• Positive Sentiment: Recent quarterly results reinforce the growth story: revenue rose 37.7% year over year to approximately $3.04 billion, exceeding expectations, while earnings also beat consensus. Management’s upcoming-quarter EPS guidance of $1.06 to $1.08 indicates continued confidence.
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus “Moderate Buy” rating and an average price target above the current trading level. However, the stock’s rapid year-to-date advance means expectations are already elevated.
• Negative Sentiment: Valuation and execution risks could limit further upside. A forward-looking premium valuation, customer concentration and possible margin pressure leave the shares vulnerable if AI networking growth slows or fails to meet aggressive expectations. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
• Negative Sentiment: CEO Jayshree Ullal sold 460,374 shares, while CFO Chantelle Breithaupt sold 1,224 shares. Both transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their significance as a bearish signal, and both executives retain substantial holdings. Arista Networks Insider Selling

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ANET shares. Wells Fargo & Company reiterated 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. Citigroup restated a “buy” rating and set a $248.00 target price (up from $215.00) on shares of Arista Networks in a research report on Thursday. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday. Barclays reissued an “overweight” rating and set a $289.00 price objective (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, UBS Group restated a “buy” rating and issued a $259.00 price objective (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Arista Networks has a consensus rating of “Moderate Buy” and an average price target of $235.45.

About Arista Networks

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.