Mirador Capital Partners LP Invests $3.60 Million in Arista Networks, Inc. $ANET

Mirador Capital Partners LP bought a new position in Arista Networks, Inc. (NYSE:ANET) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 21,223 shares of the technology company’s stock, valued at approximately $3,605,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ANET. Intrua Financial LLC grew its position in Arista Networks by 2.7% in the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after buying an additional 61 shares during the last quarter. NBT Bank N A NY lifted its position in shares of Arista Networks by 37.2% during the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock valued at $30,000 after acquiring an additional 67 shares during the last quarter. Hoxton Planning & Management LLC lifted its position in shares of Arista Networks by 4.1% during the 1st quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after acquiring an additional 68 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after acquiring an additional 70 shares in the last quarter. Finally, Y.D. More Investments Ltd boosted its stake in shares of Arista Networks by 8.7% during the 1st quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock worth $107,000 after acquiring an additional 70 shares in the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Andreas Bechtolsheim sold 260,000 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $165.57, for a total value of $43,048,200.00. Following the completion of the sale, the insider directly owned 182,543,048 shares of the company’s stock, valued at $30,223,652,457.36. This represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 242,422 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $188.17, for a total transaction of $45,616,547.74. Following the sale, the chief executive officer owned 5,171,095 shares of the company’s stock, valued at approximately $973,044,946.15. This represents a 4.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,308,316 shares of company stock worth $383,608,735 in the last 90 days. Company insiders own 2.70% of the company’s stock.

Arista Networks Stock Up 3.9%

Shares of Arista Networks stock opened at $197.93 on Thursday. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $214.89. The stock has a market cap of $249.23 billion, a PE ratio of 62.44, a price-to-earnings-growth ratio of 2.92 and a beta of 1.60. The business has a fifty day simple moving average of $169.56 and a 200-day simple moving average of $151.63.

Arista Networks (NYSE:ANET) last posted 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 return on equity of 32.00% and a net margin of 38.37%.The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the firm earned $0.73 earnings per share. Arista Networks’s quarterly revenue 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 expect that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ANET has been the topic of a number of recent analyst reports. Jefferies Financial Group set a $250.00 target price on Arista Networks in a research report on Wednesday. JPMorgan Chase & Co. increased their price target on Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a “buy” rating in a report on Wednesday, June 10th. TD Cowen upped their price objective on shares of Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Truist Financial lifted their target price on shares of Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $226.05.

Key Arista Networks News

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

• Positive Sentiment: Quarterly results exceeded expectations: Arista reported adjusted EPS of $1.02, above the $0.89 consensus estimate, while revenue reached $3.04 billion versus expectations of $2.83 billion. Revenue rose 37.7% year over year, marking the company’s first quarter above $3 billion. Arista forecasts upbeat quarterly revenue on AI-driven networking demand
• Positive Sentiment: AI and cloud demand remains robust: Strong orders from hyperscale cloud providers and customers expanding AI data-center infrastructure helped drive growth across data-center, campus and routing products. Arista also highlighted new 1.6-terabit networking systems designed to improve efficiency for AI workloads. Why Arista Networks Stock Rallied Today
• Positive Sentiment: Outlook was raised: Arista guided for approximately $3.3 billion in third-quarter revenue and $1.06–$1.08 in EPS, both above Wall Street expectations. Management also lifted its 2026 revenue outlook to $12.6 billion, citing improved supply availability and continued demand. Arista projects $12.6 billion 2026 revenue
• Positive Sentiment: Analyst sentiment strengthened: Rosenblatt raised its price target to $280, TD Cowen to $250, Piper Sandler to $240 and Truist to $234; each maintained a bullish rating. The revisions indicate analysts believe earnings momentum can justify further upside.
• Neutral Sentiment: Insider transaction: Director Charles H. Giancarlo sold 8,000 shares for approximately $1.45 million, reducing his holdings by 4.16%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan and he retained 184,333 shares, it is less concerning than an unexpected discretionary sale. SEC insider transaction filing
• Negative Sentiment: Valuation and execution risks remain: After a substantial rally, Arista trades at an elevated earnings multiple, leaving the stock sensitive to any slowdown in AI spending, supply-chain setbacks or guidance disappointments. The strong results may also mean considerable future growth is already reflected in the valuation.

Arista Networks Profile

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.