125,784 Arista Networks, Inc. $ANET Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in Arista Networks, Inc. (NYSE:ANET) by 352.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 161,504 shares of the technology company’s stock after acquiring an additional 125,784 shares during the quarter. Farther Finance Advisors LLC’s holdings in Arista Networks were worth $32,881,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ANET. Cura Wealth Advisors LLC boosted its position in Arista Networks by 3.1% during the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after purchasing an additional 52 shares during the period. Madison Wealth Partners Inc increased its stake in shares of Arista Networks by 2.8% in the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock worth $370,000 after purchasing an additional 60 shares in the last quarter. Intrua Financial LLC raised its position in shares of Arista Networks by 2.7% in the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after purchasing an additional 61 shares during the period. Shepherd Financial Partners LLC raised its position in shares of Arista Networks by 1.2% in the second quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock valued at $918,000 after purchasing an additional 66 shares during the period. Finally, NBT Bank N A NY lifted its stake 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 buying an additional 67 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on ANET shares. Citigroup reaffirmed a “buy” rating and issued a $248.00 price objective (up from $215.00) on shares of Arista Networks in a report on Thursday. KeyCorp restated an “overweight” rating and set a $250.00 target price (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Barclays reaffirmed an “overweight” rating and issued a $289.00 price target (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. Rosenblatt Securities lifted their price target on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein started coverage on Arista Networks in a research note on Wednesday, September 30th. They set an “outperform” rating and a $250.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $235.45.

Arista Networks Stock Down 2.3%

NYSE:ANET traded down $4.95 during mid-day trading on Thursday, hitting $210.88. 4,874,947 shares of the stock traded hands, compared to its average volume of 7,920,179. The business’s 50-day moving average price is $196.59 and its 200 day moving average price is $171.18. The company has a market cap of $265.97 billion, a PE ratio of 66.53, a price-to-earnings-growth ratio of 2.53 and a beta of 1.60. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.32.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share 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 business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter in the prior year, the firm posted $0.73 EPS. 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. Analysts anticipate that Arista Networks, Inc. will post 3.74 earnings per share for the current fiscal year.

Key Arista Networks News

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

• Positive Sentiment: New AI networking portfolio supports growth prospects. Arista introduced an open Ethernet rack-scale portfolio for high-density AI infrastructure, designed for both scale-up and scale-out networks. The solutions use open standards, liquid cooling and partnerships with companies including AMD, Broadcom, Meta, Microsoft and Qualcomm. The launch could help Arista win business from proprietary alternatives such as NVIDIA’s InfiniBand by giving hyperscalers greater hardware flexibility. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
• Positive Sentiment: AI infrastructure demand remains the central bullish catalyst. Investment commentary highlights Arista as a potential beneficiary of sustained hyperscaler and data-center spending, with investors increasingly favoring companies showing clear AI monetization and execution. The company’s Ethernet opportunity is expanding as cloud providers seek vendor-neutral networking systems. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
• Positive Sentiment: Recent operating results and guidance were strong. Arista’s latest quarter generated $3.04 billion in revenue, up 37.7% year over year, while earnings per share of $1.02 exceeded consensus expectations. Management’s outlook for approximately $1.06-$1.08 in third-quarter EPS reinforces expectations for continued data-center growth.
• Neutral Sentiment: Momentum has been substantial, but the valuation leaves less room for disappointment. The stock has risen roughly 65% year to date and trades at a high earnings multiple. Supporters view the premium as justified by rapid growth, strong margins and a debt-light balance sheet, while investors may be taking profits after the recent record high. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
• Negative Sentiment: Zacks downgraded Arista from “strong buy” to “hold.” The rating change may be weighing on sentiment, particularly after the stock’s sharp rally. Analysts also cite customer concentration and potential margin pressure as risks to the upside. Arista Networks Stock Rating Lowered by Zacks Research

Insider Activity

In other news, insider Kenneth Duda sold 26,000 shares of the company’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $170.51, for a total value of $4,433,260.00. Following the transaction, the insider owned 462,400 shares of the company’s stock, valued at approximately $78,843,824. This represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the sale, the insider owned 181,143,048 shares in the company, valued at $36,826,381,658.40. This trade represents a 0.17% 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 sold 3,144,894 shares of company stock worth $631,310,023 in the last three months. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Company 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.