3,161 Shares in Arista Networks, Inc. $ANET Purchased by Fiduciary Financial Advisors

Fiduciary Financial Advisors bought a new stake in Arista Networks, Inc. (NYSE:ANET) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,161 shares of the technology company’s stock, valued at approximately $550,000.

Other institutional investors have also recently bought and sold shares of the company. Lighthouse Financial Services Inc. ADV acquired a new stake in shares of Arista Networks in the fourth quarter valued at about $1,549,000. Bensler LLC acquired a new stake in Arista Networks during the 4th quarter worth approximately $6,350,000. QRG Capital Management Inc. lifted its holdings in shares of Arista Networks by 6.4% during the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock worth $22,224,000 after buying an additional 10,217 shares in the last quarter. Jefferies Financial Group Inc. raised its stake in Arista Networks by 59.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock worth $2,309,000 after purchasing an additional 6,591 shares in the last quarter. Finally, Reaves W H & Co. Inc. acquired a new stake in shares of Arista Networks in the fourth quarter valued at approximately $3,058,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Activity at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 111,848 shares of Arista Networks stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $192.75, for a total value of $21,558,702.00. Following the sale, the insider owned 109,833 shares of the company’s stock, valued at approximately $21,170,310.75. The trade was a 50.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 573,509 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $208.13, for a total value of $119,364,428.17. Following the completion of the sale, the chief executive officer owned 25,000 shares in the company, valued at approximately $5,203,250. The trade was a 95.82% 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 90 days, insiders have sold 3,935,851 shares of company stock worth $738,332,610. 2.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ANET. Bank of America reaffirmed a “buy” rating and set a $240.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Weiss Ratings lowered Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. Zacks Research upgraded shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. UBS Group reissued a “buy” rating and issued a $259.00 price target (up from $187.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Rosenblatt Securities lifted their target price on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $226.05.

Arista Networks Stock Performance

Arista Networks stock opened at $188.24 on Tuesday. The stock has a market cap of $237.42 billion, a PE ratio of 59.38, a price-to-earnings-growth ratio of 1.95 and a beta of 1.60. The firm’s 50-day simple moving average is $177.95 and its 200 day simple moving average is $156.75. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $214.89.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the business posted $0.73 earnings per share. Arista Networks’s 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. As a group, analysts predict that Arista Networks, Inc. will post 3.7 EPS for the current fiscal year.

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.