Arista Networks, Inc. $ANET Shares Sold by WealthCare Asset Management LLC

WealthCare Asset Management LLC reduced its position in Arista Networks, Inc. (NYSE:ANET) by 32.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,758 shares of the technology company’s stock after selling 4,120 shares during the period. Arista Networks comprises about 1.5% of WealthCare Asset Management LLC’s portfolio, making the stock its 19th biggest holding. WealthCare Asset Management LLC’s holdings in Arista Networks were worth $1,783,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. AGH Wealth Advisors LLC raised its position in shares of Arista Networks by 8.9% in the third quarter. AGH Wealth Advisors LLC now owns 3,288 shares of the technology company’s stock worth $669,000 after acquiring an additional 269 shares during the period. apricus wealth LLC purchased a new stake in shares of Arista Networks during the 3rd quarter worth about $212,000. Geneva Partners LLC purchased a new stake in shares of Arista Networks during the 3rd quarter worth about $5,403,000. Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in shares of Arista Networks during the 3rd quarter valued at about $217,000. Finally, Westover Capital Advisors LLC acquired a new stake in shares of Arista Networks during the 3rd quarter valued at about $982,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on ANET. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. KeyCorp reiterated an “overweight” rating and set a $250.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Truist Financial increased their price target on Arista Networks from $175.00 to $234.00 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 price objective (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Needham & Company LLC restated a “buy” rating and issued a $260.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $233.20.

Arista Networks News Summary

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

• Positive Sentiment: Ethernet gaining ground in AI infrastructure: Arista is positioned as an open-Ethernet alternative to Nvidia’s InfiniBand, with the company reportedly winning more AI infrastructure deals. Its use of Broadcom silicon may support a lower-cost, flexible networking architecture and expand Arista’s addressable market. The Ethernet Tollbooth: Arista Rides Broadcom Silicon to Break Nvidia’s InfiniBand Monopoly
• Positive Sentiment: Strong operating momentum: Recent results showed Arista’s first quarterly revenue above $3 billion, with revenue rising 37.7% year over year and earnings exceeding estimates. The performance reinforces the bullish view that AI data-center demand can continue driving growth. Up 13% In Last 12 Months, Can Arista Networks Stock Give Better Returns in 2026?
• Positive Sentiment: Higher earnings expectations: An analyst raised the fiscal 2027 EPS estimate, indicating improving confidence in Arista’s growth and profitability outlook. FY2027 EPS Estimate for Arista Networks Lifted by Analyst
• Neutral Sentiment: Institutional and analyst views: Coverage of investment-firm sentiment suggests continued interest in ANET, but the article provides limited new company-specific information. Arista Networks, Inc. (ANET) – What Are Investment Firms Thinking About This Stock?
• Negative Sentiment: Insider selling: Arista insiders have been selling shares alongside insiders at other AI companies. While this may reflect diversification rather than deteriorating fundamentals, it can raise caution when the stock trades at a premium valuation. Insiders Are Selling These 5 AI Stocks—Should You Worry?
• Negative Sentiment: Data-center funding risk: Elon Musk’s warning that debt financing for AI data centers is tightening raises the possibility of delayed or canceled projects, which could slow networking demand if capital spending weakens. Is Money for AI Data Centers Drying Up?

Insider Activity

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction dated 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 sale, the insider directly owned 181,143,048 shares in the company, valued at approximately $36,826,381,658.40. The trade was a 0.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value of $154,341,575.38. Following the sale, the chief executive officer owned 16,387,981 shares of the company’s stock, valued at approximately $3,297,589,536.82. This trade represents a 4.47% 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. In the last 90 days, insiders have sold 3,627,449 shares of company stock valued at $741,235,386. Insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

NYSE:ANET opened at $176.95 on Tuesday. The company has a fifty day moving average of $196.38 and a two-hundred day moving average of $163.35. The stock has a market capitalization of $223.18 billion, a PE ratio of 55.82, a P/E/G ratio of 2.00 and a beta of 1.60. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $217.41.

Arista Networks (NYSE:ANET) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share (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 business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.73 earnings per share. The company’s 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. Research analysts forecast that Arista Networks, Inc. will post 3.79 earnings per share for the current 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.