Focus Partners Advisor Solutions LLC Has $3.33 Million Stake in Arista Networks, Inc. $ANET

Focus Partners Advisor Solutions LLC reduced its position in Arista Networks, Inc. (NYSE:ANET) by 48.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 19,574 shares of the technology company’s stock after selling 18,121 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Arista Networks were worth $3,325,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ANET. Kelleher Financial Advisors bought a new stake in shares of Arista Networks during the 2nd quarter worth approximately $31,000. Sankala Group LLC bought a new position in Arista Networks in the fourth quarter valued at approximately $27,000. Prosperity Bancshares Inc bought a new position in Arista Networks in the fourth quarter valued at approximately $28,000. Main Street Group LTD bought a new position in Arista Networks in the first quarter valued at approximately $26,000. Finally, Quarry LP acquired a new position in Arista Networks during the third quarter valued at approximately $33,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ANET shares. Jefferies Financial Group set a $250.00 target price on Arista Networks in a research note on Wednesday, August 5th. Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target on the stock in a research note on Friday, May 15th. Morgan Stanley reissued an “overweight” rating and set a $220.00 price target (up from $190.00) on shares of Arista Networks in a report on Wednesday, August 5th. The Goldman Sachs Group restated a “buy” rating and set a $225.00 price objective on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, Erste Group Bank raised Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Arista Networks presently has a consensus rating of “Buy” and an average price target of $226.05.

Arista Networks Price Performance

ANET stock opened at $202.05 on Tuesday. The stock has a market cap of $254.83 billion, a price-to-earnings ratio of 63.74, a P/E/G ratio of 2.06 and a beta of 1.60. The company has a 50 day simple moving average of $175.00 and a 200 day simple moving average of $155.18. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $214.89.

Arista Networks (NYSE:ANET) last issued its earnings results 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. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter last year, the business posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities research analysts anticipate that Arista Networks, Inc. will post 3.7 EPS for the current fiscal year.

Insider Transactions at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 111,848 shares of the firm’s stock in a transaction on 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 sale, the insider 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 legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 26,000 shares of the business’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $170.51, for a total value of $4,433,260.00. Following the sale, the insider owned 462,400 shares in the company, valued at $78,843,824. This represents a 5.32% decrease in their position. 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. In the last 90 days, insiders sold 4,335,168 shares of company stock worth $798,637,629. Insiders own 2.70% 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.