National Pension Service Acquires 57,390 Shares of Arista Networks, Inc. $ANET

National Pension Service raised its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,068,874 shares of the technology company’s stock after acquiring an additional 57,390 shares during the quarter. National Pension Service owned approximately 0.24% of Arista Networks worth $521,340,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Concorde Asset Management LLC lifted its position in shares of Arista Networks by 2.6% during the second quarter. Concorde Asset Management LLC now owns 3,699 shares of the technology company’s stock valued at $628,000 after buying an additional 94 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in Arista Networks by 2.8% during the second quarter. Integrated Wealth Concepts LLC now owns 49,348 shares of the technology company’s stock valued at $8,383,000 after acquiring an additional 1,356 shares during the last quarter. RFG Advisory LLC boosted its stake in Arista Networks by 52.0% in the second quarter. RFG Advisory LLC now owns 42,530 shares of the technology company’s stock valued at $7,225,000 after acquiring an additional 14,550 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Arista Networks by 38.7% in the second quarter. NewEdge Advisors LLC now owns 172,549 shares of the technology company’s stock valued at $29,313,000 after acquiring an additional 48,125 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in Arista Networks by 1.0% in the second quarter. IFP Advisors Inc now owns 8,006 shares of the technology company’s stock worth $1,360,000 after purchasing an additional 76 shares during the last quarter. 82.47% of the stock is owned by institutional investors.

Insider Buying and Selling at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of the transaction, the insider directly owned 181,143,048 shares in the company, valued at $36,826,381,658.40. The trade was a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value of $154,341,575.38. Following the sale, the chief executive officer directly owned 16,387,981 shares in the company, valued at $3,297,589,536.82. This represents a 4.47% 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. In the last three months, insiders have sold 3,782,694 shares of company stock valued at $726,728,187. 2.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price objective for the company in a report on Friday, May 15th. Zacks Research upgraded Arista Networks from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Wells Fargo & Company reissued an “overweight” rating and issued a $255.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft started coverage on Arista Networks in a research note on Monday, August 31st. They set a “buy” rating and a $220.00 price target on the stock. Finally, Bank of America restated a “buy” rating and set a $240.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $225.76.

More Arista Networks News

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

• Positive Sentiment: Arista’s AI and cloud-networking opportunity remains a key bullish factor. A comparison with IBM highlights ANET’s stronger share-price performance, rising 2026 earnings estimates and exposure to expanding AI infrastructure spending, although Arista trades at a richer valuation. Arista vs. IBM: Which Cloud AI Stock Should Investors Buy Now?
• Positive Sentiment: Arista was included among high-return-on-equity, cash-rich stocks that may offer relative resilience while rate-hike fears and market uncertainty weigh on equities. The company’s strong profitability and balance sheet support the investment case. Buy 5 High ROE Stocks as Rate Hike Fears Keep Markets at Bay
• Neutral Sentiment: Arista’s presentation at the Goldman Sachs Communacopia + Technology Conference may provide investors with additional information on demand trends and AI networking, but the available report does not identify a material new announcement. Arista Networks Presents at Goldman Sachs Conference
• Negative Sentiment: Arista’s approximately $9.7 billion in AI commitments may not translate into reported revenue immediately. Power and cooling constraints, along with customer acceptance and deployment timelines, could delay revenue recognition for as long as 18 months, raising execution and near-term growth concerns. Arista’s $9.7 Billion AI Commitments Hide an 18-Month Revenue Wait
• Negative Sentiment: ANET declined more steeply than the broader market in the latest session, signaling near-term investor caution despite its long-term AI outlook. Its elevated valuation increases sensitivity to market-wide risk and any slowdown in expected growth. Arista Networks Falls More Steeply Than Broader Market

Arista Networks Stock Down 1.0%

Shares of NYSE ANET opened at $192.93 on Thursday. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89. The business’s 50 day moving average price is $184.54 and its 200 day moving average price is $161.43. The firm has a market cap of $243.33 billion, a P/E ratio of 60.86, a P/E/G ratio of 2.32 and a beta of 1.62.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping 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 net margin of 38.37% and a return on equity of 30.65%. Arista Networks’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period last year, the firm posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, research analysts expect that Arista Networks, Inc. will post 3.7 earnings per share for the current year.

Arista Networks Company Profile

Arista Networks, Inc designs, develops and sells cloud networking solutions for large data centers, cloud service providers, internet companies, enterprises and other organizations. Its portfolio includes high-performance Ethernet switches, routers and wireless networking products used to connect servers, storage systems, users and applications across data center and campus environments.

The company’s software offerings include Arista EOS, its Linux-based network operating system, and CloudVision, a cloud-based platform for network management, automation, monitoring and analytics.