Cultivar Capital Inc. Acquires New Shares in Arista Networks, Inc. $ANET

Cultivar Capital Inc. bought a new stake in Arista Networks, Inc. (NYSE:ANET) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,715 shares of the technology company’s stock, valued at approximately $1,774,000. Arista Networks accounts for approximately 1.1% of Cultivar Capital Inc.’s portfolio, making the stock its 10th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. State Street Corp raised its holdings in Arista Networks by 159.4% during the second quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after acquiring an additional 74,541,134 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of 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 last quarter. Envestnet Asset Management Inc. raised its stake in shares of Arista Networks by 199.0% in the second quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after acquiring an additional 6,409,612 shares during the period. Deutsche Bank AG raised its position in Arista Networks by 4.3% in the 2nd 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. Finally, Wellington Management Group LLP boosted its position in shares of Arista Networks by 5.9% during the second quarter. Wellington Management Group LLP now owns 8,440,963 shares of the technology company’s stock valued at $1,433,951,000 after buying an additional 470,451 shares during the period. 82.47% of the stock is currently 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 launched an open Ethernet rack-scale portfolio designed to connect accelerators across liquid-cooled racks for large AI workloads. The offering strengthens the company’s position in high-density AI infrastructure and could expand its long-term growth opportunity. Arista Networks Stock Dropped, What Is Behind the Fresh Attention?
• Positive Sentiment: Erste Group Bank maintained a Buy rating and slightly increased its EPS forecasts for Arista to $3.79 for fiscal 2026 and $4.74 for fiscal 2027. The modest revisions support the view that earnings growth remains intact.
• Positive Sentiment: A separate report highlighted a revenue outlook raised for the third time this year and a 2.7-fold increase in non-cancellable purchase commitments to $9.7 billion. If accurate, those commitments provide stronger revenue visibility, particularly from cloud and AI customers. Arista Networks Prospects and Earnings
• Neutral Sentiment: Long-term performance coverage noted the significant wealth creation generated by ANET over the past decade. While supportive of the company’s investment narrative, the retrospective analysis is unlikely to materially change near-term trading. If You Invested $1000 in Arista Networks 10 Years Ago
• Negative Sentiment: CEO Jayshree Ullal sold 130,553 shares for approximately $28.3 million and 27,990 shares for about $6.1 million in transactions executed under a pre-arranged Rule 10b5-1 plan. Although she retained roughly 4.8 million shares, the repeated sales may encourage profit-taking concerns and add pressure after the stock’s strong run. Arista Networks CEO Sells Company Stock
• Negative Sentiment: ANET trades at a high earnings multiple, leaving the stock sensitive to profit-taking when momentum cools. Recent coverage also showed the shares falling more than the broader market, suggesting valuation and insider-sale headlines are outweighing otherwise favorable AI growth news in the near term. Arista Networks Registers a Bigger Fall Than the Market

Insider Activity

In other news, Director Mark Templeton sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $204.37, for a total value of $1,021,850.00. Following the sale, the director directly owned 48,410 shares of the company’s stock, valued at approximately $9,893,551.70. The trade was a 9.36% decrease in their position. The transaction was disclosed in a legal filing 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, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $198.95, for a total value of $59,685,000.00. Following the transaction, the insider directly owned 180,543,048 shares in the company, valued at approximately $35,919,039,399.60. The trade was a 0.17% 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. In the last ninety days, insiders sold 3,627,449 shares of company stock worth $740,784,723. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks Stock Down 4.6%

ANET traded down $9.41 during trading on Wednesday, reaching $195.11. The company’s stock had a trading volume of 5,940,030 shares, compared to its average volume of 7,869,406. The firm has a fifty day simple moving average of $198.89 and a two-hundred day simple moving average of $173.36. The company has a market cap of $246.07 billion, a price-to-earnings ratio of 61.55, a PEG ratio of 2.45 and a beta of 1.60. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $217.41.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share 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 firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The company’s revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, equities analysts forecast that Arista Networks, Inc. will post 3.79 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings lowered shares of Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. Piper Sandler reiterated an “overweight” rating and set a $240.00 price target (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. UBS Group reissued a “buy” rating and set a $259.00 price target (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. KeyCorp reissued an “overweight” rating and issued a $250.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Needham & Company LLC restated a “buy” rating and issued a $260.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $235.45.

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.