Arista Networks, Inc. $ANET Stock: New York Life Investment Management LLC Increases Stake

New York Life Investment Management LLC boosted its holdings in Arista Networks, Inc. (NYSE:ANET) by 5.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 170,490 shares of the technology company’s stock after buying an additional 8,106 shares during the quarter. New York Life Investment Management LLC’s holdings in Arista Networks were worth $34,710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cura Wealth Advisors LLC raised its stake in Arista Networks by 3.1% during the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after acquiring an additional 52 shares in the last quarter. Affinity Capital Advisors LLC lifted its holdings in shares of Arista Networks by 1.4% in the third quarter. Affinity Capital Advisors LLC now owns 3,770 shares of the technology company’s stock worth $817,000 after acquiring an additional 53 shares during the last quarter. Global Assets Advisory LLC lifted its holdings in shares of Arista Networks by 0.9% in the third quarter. Global Assets Advisory LLC now owns 6,352 shares of the technology company’s stock worth $1,318,000 after acquiring an additional 57 shares during the last quarter. Madison Wealth Partners Inc boosted its stake in shares of Arista Networks by 2.8% in the 2nd quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock valued at $370,000 after purchasing an additional 60 shares in the last quarter. Finally, Richardson Financial Services Inc. boosted its stake in shares of Arista Networks by 3.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 1,912 shares of the technology company’s stock valued at $389,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Barclays decreased their price target on shares of Arista Networks from $289.00 to $236.00 and set an “overweight” rating on the stock in a report on Wednesday, November 4th. TD Cowen dropped their price objective on shares of Arista Networks from $250.00 to $205.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Rosenblatt Securities restated a “buy” rating and issued a $280.00 target price on shares of Arista Networks in a research report on Wednesday, November 4th. Erste Group Bank upgraded shares of Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. Finally, Truist Financial boosted their target price on shares of Arista Networks from $234.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, November 4th. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $240.24.

Arista Networks News Summary

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

• Positive Sentiment: KeyCorp raised its Q4 2026 EPS estimate to $1.19 from $1.06 and maintained an Overweight rating with a $250 price target, signaling confidence in Arista’s earnings prospects. Arista Networks analyst coverage
• Positive Sentiment: AI-focused commentary points to continued data-center investment and networking demand as potential support for Arista, with ANET included among stocks investors might consider buying amid the tech selloff. AI Boom Isn’t Over: 4 Stocks to Buy the Dip
• Neutral Sentiment: Arista’s recent results were strong—quarterly revenue grew 58.5% year over year and EPS beat estimates—and its approximately $18.5 billion 2027 revenue outlook underscores growth ambitions. However, the company’s $11.4 billion in supplier commitments make execution important to delivering that outlook. Arista’s supplier commitments and 2027 outlook
• Negative Sentiment: Reports cite a broad AI-hardware selloff that has pressured Arista shares despite its strong results, pointing to sector sentiment as a near-term headwind. Arista shares amid the AI-hardware selloff
• Negative Sentiment: Major shareholder Andreas Bechtolsheim sold 260,000 shares for about $43 million. The sale was under a pre-arranged 10b5-1 plan and reduced his stake by just 0.14%, which may temper—but does not eliminate—the negative signal investors could read into insider selling. Arista major shareholder sale

Arista Networks Stock Down 0.6%

Shares of ANET opened at $185.13 on Wednesday. The stock has a market cap of $233.90 billion, a PE ratio of 49.77, a PEG ratio of 1.67 and a beta of 1.61. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41. The business has a 50-day simple moving average of $192.19 and a two-hundred day simple moving average of $166.23.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.12. Arista Networks had a return on equity of 32.20% and a net margin of 39.97%. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period last year, the firm posted $0.75 earnings per share. The business’s revenue for the quarter was up 58.5% on a year-over-year basis. On average, equities research analysts expect that Arista Networks, Inc. will post 3.99 EPS for the current year.

Insider Activity

In related news, insider Kenneth Duda sold 26,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $185.42, for a total value of $4,820,920.00. Following the completion of the transaction, the insider owned 452,400 shares in the company, valued at $83,884,008. This trade represents a 5.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jayshree Ullal sold 460,374 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $212.09, for a total transaction of $97,640,721.66. Following the completion of the transaction, the chief executive officer owned 4,811,207 shares of the company’s stock, valued at approximately $1,020,408,892.63. This trade represents a 8.73% 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. Insiders sold 2,067,489 shares of company stock valued at $406,340,373 over the last quarter. 2.70% of the stock is owned by company insiders.

About Arista Networks

Arista Networks, Inc. develops software-driven networking products for large data centers, cloud environments, AI workloads, and enterprise campuses. Its offerings include Ethernet switches and routers, along with software and services for managing, monitoring, and securing networks. The company’s software portfolio includes its Extensible Operating System (EOS), which runs across its networking platforms, and CloudVision, a platform for network automation and management. Arista’s products are used by cloud providers, businesses, and other organizations to connect and manage computing infrastructure.