Evolve Private Wealth LLC Has $1.94 Million Stock Holdings in Arista Networks, Inc. $ANET

Evolve Private Wealth LLC trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 27.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,401 shares of the technology company’s stock after selling 4,259 shares during the quarter. Evolve Private Wealth LLC’s holdings in Arista Networks were worth $1,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in ANET. Brighton Jones LLC lifted its holdings in Arista Networks by 321.7% in the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock valued at $863,000 after buying an additional 5,955 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of Arista Networks during the 4th quarter valued at about $202,000. Bison Wealth LLC acquired a new stake in Arista Networks during the fourth quarter worth approximately $251,000. Sivia Capital Partners LLC grew its stake in Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after purchasing an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL increased its holdings in Arista Networks by 31.3% in the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after purchasing an additional 1,000 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Kenneth Duda sold 26,000 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was 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 in the company, valued at $78,843,824. This trade represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Arista Networks stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 25,000 shares in the company, valued at approximately $5,203,250. The trade was a 95.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 4,128,775 shares of company stock valued at $767,332,289. 2.70% of the stock is owned by company insiders.

Arista Networks News Roundup

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

• Positive Sentiment: Arista’s leadership in high-speed networking for cloud and AI infrastructure is highlighted as a key advantage over Salesforce, reinforcing the company’s long-term growth profile. Arista Networks vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: ANET was included among high-return-on-equity, cash-rich stocks that may appeal to investors seeking quality during volatile markets. Arista’s reported return on equity was approximately 31%. 5 High ROE Stocks to Buy as Markets Sway on Intense Volatility
• Positive Sentiment: Arista has nearly tripled multiyear purchase commitments to roughly $9.7 billion, suggesting management is securing components in anticipation of sustained AI and cloud demand. The spending also signals confidence in a sizable future order pipeline, though it raises execution and inventory risks. Can ANET Stock Compound Its Way Higher?
• Positive Sentiment: Arista’s second-quarter performance was presented as strong enough to support a higher price target. The company recently beat consensus earnings and revenue estimates and issued third-quarter EPS guidance of $1.06 to $1.08. Arista Networks: Q2 2026 Justifies A Higher Price Target
• Neutral Sentiment: Compared with CoreWeave, Arista generates substantially more revenue and has delivered steadier quarter-over-quarter growth, while CoreWeave is expanding faster. The comparison supports Arista’s scale but highlights increasing competition in AI infrastructure. Arista Networks vs. CoreWeave: What Revenue Trends Tell Investors About These Artificial Intelligence Companies
• Negative Sentiment: At an elevated valuation, investors are paying for continued rapid growth. Arista’s future margins could depend heavily on the mix and profitability of customers behind its large capacity commitments. What You Are Really Paying For In Arista Networks Stock

Arista Networks Trading Up 2.9%

ANET opened at $189.15 on Friday. Arista Networks, Inc. has a 1-year low of $114.52 and a 1-year high of $214.89. The company has a market cap of $238.56 billion, a price-to-earnings ratio of 59.67, a PEG ratio of 1.95 and a beta of 1.60. The company’s fifty day moving average price is $177.57 and its two-hundred day moving average price is $156.28.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, August 4th. The technology company reported $1.02 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 the consensus estimate of $2.83 billion. During the same period in the previous year, the firm posted $0.73 earnings per share. The firm’s revenue for the quarter 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, equities analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Citigroup restated a “buy” rating on shares of Arista Networks in a report on Thursday, August 6th. Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $255.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Zacks Research raised shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, Evercore restated an “outperform” rating on shares of Arista Networks in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Arista Networks presently has an average rating of “Buy” and an average target price of $226.05.

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.