Arista Networks, Inc. $ANET Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 17.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,261 shares of the technology company’s stock after selling 17,633 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Arista Networks were worth $17,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp grew its holdings in Arista Networks by 159.4% during the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock worth $20,606,975,000 after acquiring an additional 74,541,134 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position 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 worth $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 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. Deutsche Bank AG raised its stake in shares of Arista Networks by 4.3% in the 2nd quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after purchasing an additional 388,354 shares in the last quarter. Finally, Amundi lifted its position in shares of Arista Networks by 5.7% during the first quarter. Amundi now owns 9,064,443 shares of the technology company’s stock worth $1,112,932,000 after purchasing an additional 491,173 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $198.95, for a total value of $59,685,000.00. Following the transaction, the insider owned 180,543,048 shares of the company’s stock, valued at $35,919,039,399.60. This trade represents a 0.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 130,553 shares of the firm’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $217.10, for a total transaction of $28,343,056.30. Following the completion of the transaction, the chief executive officer directly owned 4,774,691 shares in the company, valued at $1,036,585,416.10. This represents a 2.66% 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. Insiders have sold 3,584,116 shares of company stock valued at $733,396,013 over the last quarter. Corporate insiders own 2.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Needham & Company LLC reiterated a “buy” rating and issued a $260.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. 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 note on Wednesday, August 5th. Bank of America reaffirmed a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Evercore reiterated an “outperform” rating on shares of Arista Networks in a research report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $233.20.

Arista Networks Stock Down 1.1%

Shares of NYSE:ANET traded down $2.00 on Tuesday, reaching $180.94. 2,531,825 shares of the company’s stock were exchanged, compared to its average volume of 7,841,850. The firm has a market capitalization of $228.21 billion, a price-to-earnings ratio of 57.09, a PEG ratio of 2.06 and a beta of 1.60. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $217.41. The business’s 50-day moving average is $198.29 and its two-hundred day moving average is $175.18.

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. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.73 EPS. The company’s revenue for the quarter was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Analysts predict that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista’s new open Ethernet rack-scale portfolio, including the Etherlink SU-144 architecture, is designed for AI infrastructure with up to 144 accelerators per rack, liquid cooling and standards-based connectivity. The offering could help Arista compete for AI data-center spending as cloud operators seek lower cost per token and alternatives to proprietary interconnects. Is Open AI Rack Launch Altering The Investment Case For Arista Networks Stock?
• Positive Sentiment: Networking and optical hardware stocks recently benefited from a broader technology rebound, with investors favoring suppliers that enable AI data-center expansion. Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers
• Positive Sentiment: Analysts expect another strong quarterly report on November 3, supported by Arista’s role in reducing data-center networking bottlenecks and its recent earnings momentum. Arista Networks Is Heading for a Big Test on Nov. 3
• Positive Sentiment: TD Cowen maintained a “buy” rating despite lowering its price target from $250 to $205, implying continued confidence in Arista’s long-term prospects.
• Neutral Sentiment: Arista’s shares have fallen sharply from their record, but long-term bullish estimates remain well above current levels. One analysis cites a roughly $245 Wall Street target and a potential $463 mid-case target by 2030, though those projections are highly sensitive to sustained AI growth. Arista Networks Stock Fell 18% From Its Record in One Week
• Negative Sentiment: Valuation remains a key pressure point: ANET trades at roughly 55 times trailing earnings, well above the S&P 500’s multiple. Investors are demanding years of rapid profit growth, increasing the risk of further volatility if results or guidance disappoint. Arista Networks Is Outgrowing the Market Fourfold
• Negative Sentiment: The recent decline has been attributed largely to broad AI-sector sentiment, while the stock still trades at approximately 42–43 times forward earnings. That premium leaves ANET vulnerable to additional selling even if revenue growth remains strong. Arista Networks’ Share Price Slump: To Buy Or Not To Buy

Arista Networks Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.