Quadrant Capital Group LLC Sells 3,918 Shares of Arista Networks, Inc. $ANET

Quadrant Capital Group LLC lowered its position in shares of Arista Networks, Inc. (NYSE:ANET) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,875 shares of the technology company’s stock after selling 3,918 shares during the period. Quadrant Capital Group LLC’s holdings in Arista Networks were worth $5,292,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bell Bank grew its holdings in Arista Networks by 2.2% in the 3rd quarter. Bell Bank now owns 9,096 shares of the technology company’s stock worth $1,852,000 after acquiring an additional 197 shares during the last quarter. Benchmark Financial Wealth Advisors LLC purchased a new position in shares of Arista Networks in the third quarter valued at about $209,000. Physician Wealth Advisors Inc. raised its stake in shares of Arista Networks by 33.6% during the third quarter. Physician Wealth Advisors Inc. now owns 545 shares of the technology company’s stock valued at $111,000 after acquiring an additional 137 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Arista Networks by 3.4% during the third quarter. Nisa Investment Advisors LLC now owns 212,471 shares of the technology company’s stock valued at $43,257,000 after acquiring an additional 7,020 shares during the last quarter. Finally, Integrated Advisors Network LLC raised its stake in shares of Arista Networks by 3.2% during the third quarter. Integrated Advisors Network LLC now owns 4,179 shares of the technology company’s stock valued at $851,000 after acquiring an additional 130 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

More Arista Networks News

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 high-density AI infrastructure with up to 144 accelerators per rack. The offering could help the company capture demand from cloud providers and “neocloud” operators seeking lower-cost, standards-based alternatives to proprietary interconnects. Is Open AI Rack Launch Altering the Investment Case for Arista Networks Stock?
• Positive Sentiment: Analysts and financial commentators expect another strong quarterly report on November 3. Arista is projected to generate approximately $3.3 billion in third-quarter revenue, representing about 44% year-over-year growth, supported by AI data-center networking demand. Arista Networks Is Heading for a Big Test on Nov. 3
• Positive Sentiment: TD Cowen maintained a “buy” rating while lowering its price target from $250 to $205. The revised target still implies approximately 12.9% upside from the referenced share price, suggesting the firm views the recent weakness as excessive relative to Arista’s growth outlook.

Arista Networks Stock Down 0.7%

Shares of ANET stock opened at $181.59 on Wednesday. The firm has a market capitalization of $229.03 billion, a price-to-earnings ratio of 57.28, a PEG ratio of 2.12 and a beta of 1.60. The stock has a fifty day moving average of $197.98 and a 200 day moving average of $175.58. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $217.41.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities research analysts anticipate that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Rosenblatt Securities increased their target price on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. KeyCorp restated an “overweight” rating and set a $250.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. UBS Group restated a “buy” rating and set a $259.00 price target (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. Sanford C. Bernstein initiated coverage on Arista Networks in a research report on Wednesday, September 30th. They set an “outperform” rating and a $250.00 price target for the company. Finally, Weiss Ratings lowered Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Arista Networks presently has a consensus rating of “Buy” and an average price target of $233.20.

Insider Transactions at Arista Networks

In other news, Director Mark Templeton sold 5,000 shares of Arista Networks stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $204.37, for a total transaction of $1,021,850.00. Following the sale, the director owned 48,410 shares of the company’s stock, valued at approximately $9,893,551.70. The trade was a 9.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 12,976 shares in the company, valued at $2,640,616. This represents a 57.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 3,584,116 shares of company stock worth $733,396,013. 2.70% of the stock is owned by corporate insiders.

About Arista Networks

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.