Vise Technologies Inc. purchased a new stake in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 45,012 shares of the technology company’s stock, valued at approximately $9,164,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Investment Partners LTD. purchased a new stake in shares of Arista Networks during the third quarter worth about $489,000. Cidel Asset Management Inc. bought a new stake in shares of Arista Networks in the third quarter worth about $203,000. Global Assets Advisory LLC increased its holdings in Arista Networks by 0.9% during the 3rd quarter. Global Assets Advisory LLC now owns 6,352 shares of the technology company’s stock valued at $1,318,000 after purchasing an additional 57 shares during the period. Summit Global Investments increased its holdings in Arista Networks by 39.2% during the 3rd quarter. Summit Global Investments now owns 22,131 shares of the technology company’s stock valued at $4,506,000 after purchasing an additional 6,238 shares during the period. Finally, Invera Wealth Advisors LLC increased its holdings in Arista Networks by 4.1% during the 3rd quarter. Invera Wealth Advisors LLC now owns 2,558 shares of the technology company’s stock valued at $521,000 after purchasing an additional 101 shares during the period. 82.47% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research firms have weighed in on ANET. Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. 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 target price on the stock. Bank of America restated a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Truist Financial boosted their price objective on shares of Arista Networks from $175.00 to $234.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Arista Networks currently has an average rating of “Buy” and a consensus price target of $232.95.
Read Our Latest Stock Analysis on ANET
Key Stories Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista’s leadership in high-speed networking for hyperscale cloud and artificial-intelligence data centers remains a key investment argument. A comparison with Figma highlights Arista’s established infrastructure position, while Figma is still expanding its collaborative design platform and generative-AI tools. Arista Networks vs. Figma: Which Technology Stock Is a Better Buy in 2026?
- Positive Sentiment: Analysts and market commentary continue to point to accelerating AI infrastructure investment as a long-term growth driver. One valuation analysis suggests ANET could be roughly 23% undervalued if its AI-related outlook and product expansion are realized. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
- Positive Sentiment: Arista was included among high-return-on-equity stocks positioned to benefit from the AI-driven market rally, reinforcing its reputation for strong profitability and capital efficiency. 5 Stocks With High ROE to Bet on as AI-Infused Rally Spurs Markets
- Neutral Sentiment: The global AI data-center market is forecast to expand substantially through 2036, offering a favorable industry backdrop for Arista, although the report covers many competing equipment and infrastructure suppliers. Global AI Data Center Market Size, Share, Trends, and Forecast
- Negative Sentiment: Investors appear cautious ahead of earnings: shares have pulled back nearly 10% over the past month and roughly 20% from their high as profit-taking and valuation concerns increase the risk of disappointment. Arista trades at a premium multiple, leaving limited room for weaker guidance or supply-chain issues. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
- Negative Sentiment: Recent trading coverage noted ANET underperformed the broader market, while attention on a Prometheus networking deployment adds another near-term execution and product-adoption uncertainty. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus
Insider Buying and Selling
In other news, Director Mark B. Templeton sold 5,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $204.37, for a total value of $1,021,850.00. Following the sale, the director directly owned 48,410 shares of the company’s stock, valued at approximately $9,893,551.70. This represents a 9.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 130,553 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $217.10, for a total value of $28,343,056.30. Following the completion of the sale, the chief executive officer directly owned 4,774,691 shares in the company, valued at approximately $1,036,585,416.10. This represents a 2.66% 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. Over the last quarter, insiders have sold 3,619,449 shares of company stock worth $739,787,226. 2.70% of the stock is currently owned by corporate insiders.
Arista Networks Trading Down 0.1%
Shares of ANET stock opened at $168.63 on Monday. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $217.41. The stock has a market cap of $212.68 billion, a PE ratio of 53.20, a price-to-earnings-growth ratio of 1.96 and a beta of 1.60. The company’s fifty day moving average price is $195.18 and its 200-day moving average price is $164.70.
Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $2.83 billion. During the same period last year, the business earned $0.73 EPS. Arista Networks’s quarterly revenue 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 forecast that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.
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.
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