Arista Networks, Inc. $ANET Shares Newly Acquired by Sloy Dahl & Holst LLC

Sloy Dahl & Holst LLC acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 3,512 shares of the technology company’s stock, valued at approximately $715,000.

Several other hedge funds have also recently bought and sold shares of the stock. Meridian Investment Counsel Inc. acquired a new stake in Arista Networks during the 3rd quarter worth approximately $852,000. Western Financial Corp CA boosted its stake in Arista Networks by 239.2% in the 3rd quarter. Western Financial Corp CA now owns 19,349 shares of the technology company’s stock valued at $3,939,000 after purchasing an additional 13,645 shares during the period. Tempus Wealth Planning LLC bought a new stake in Arista Networks in the 3rd quarter valued at $250,000. Cultivar Capital Inc. bought a new stake in Arista Networks in the 3rd quarter valued at $1,774,000. Finally, Triumph Capital Management grew its holdings in Arista Networks by 250.7% in the 3rd quarter. Triumph Capital Management now owns 2,939 shares of the technology company’s stock valued at $598,000 after buying an additional 2,101 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Stock Down 4.6%

Shares of Arista Networks stock opened at $195.11 on Thursday. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41. The company has a market capitalization of $246.07 billion, a price-to-earnings ratio of 61.55, a PEG ratio of 2.38 and a beta of 1.60. The firm’s 50-day moving average price is $198.83 and its two-hundred day moving average price is $173.87.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS 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 company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the previous year, the company earned $0.73 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

Insider Buying and Selling at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 17,333 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $203.50, for a total transaction of $3,527,265.50. Following the completion of the transaction, the insider directly owned 12,976 shares in the company, valued at $2,640,616. The trade was a 57.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Breithaupt sold 1,224 shares of the company’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $215.00, for a total value of $263,160.00. Following the sale, the chief financial officer owned 68,697 shares of the company’s stock, valued at $14,769,855. The trade was a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 3,627,449 shares of company stock worth $740,784,723 in the last three months. Company insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. TD Cowen increased their price objective on Arista Networks from $210.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. UBS Group reissued a “buy” rating and issued a $259.00 target price (up from $187.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Morgan Stanley restated an “overweight” rating and issued a $220.00 price target (up from $190.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 price target on the stock. Finally, Barclays reaffirmed an “overweight” rating and set a $289.00 price target (up from $195.00) on shares of Arista Networks in a research report on Wednesday, August 5th. One 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 company’s stock. Based on data from MarketBeat.com, Arista Networks has an average rating of “Moderate Buy” and a consensus price target of $235.45.

Arista Networks News Summary

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

• Positive Sentiment: Arista introduced an open Ethernet rack-scale portfolio designed to connect accelerators across liquid-cooled racks for large AI workloads. The launch reinforces the company’s position in AI networking and could expand its addressable market. Arista Networks Stock Dropped, What Is Behind the Fresh Attention?
• Positive Sentiment: Erste Group Bank modestly raised its FY2026 EPS estimate to $3.79 from $3.78 and its FY2027 forecast to $4.74 from $4.73, while maintaining a Buy rating. The revisions suggest continued confidence in Arista’s earnings growth.
• Positive Sentiment: A separate report said Arista’s revenue outlook was raised for the third time this year and non-cancellable purchase commitments climbed 2.7 times to $9.7 billion. If accurate, the commitments provide stronger visibility into future demand. Arista Networks Prospects and Earnings
• Neutral Sentiment: Arista’s previous quarterly results exceeded expectations, with revenue up 37.7% year over year and EPS of $1.02 versus the $0.89 consensus. However, the stock trades at a high earnings multiple, leaving less room for disappointment.
• Negative Sentiment: CEO Jayshree Ullal sold 130,553 shares for approximately $28.3 million and another 27,990 shares for about $6.1 million. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and Ullal still owns roughly 4.8 million shares, which reduces—but does not eliminate—the negative signal from the sales.
• Negative Sentiment: The stock recently declined more than the broader market after gaining about 58% year to date and reaching near its 52-week high. The move appears consistent with profit-taking and valuation concerns rather than a reported deterioration in Arista’s business outlook. Arista Networks Registers a Bigger Fall Than the Market

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.