169,740 Shares in Arista Networks, Inc. $ANET Purchased by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC acquired a new stake in shares of Arista Networks, Inc. (NYSE:ANET) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 169,740 shares of the technology company’s stock, valued at approximately $34,557,000. Arista Networks comprises 8.1% of S.E.E.D. Planning Group LLC’s holdings, making the stock its largest holding.

Several other hedge funds have also recently modified their holdings of ANET. ABS Investment Management LLC bought a new stake in Arista Networks in the 2nd quarter valued at $29,000. ABS Direct Equity Fund LLC bought a new position in shares of Arista Networks during the 2nd quarter valued at about $29,000. Kelleher Financial Advisors purchased a new position in shares of Arista Networks during the second quarter valued at about $31,000. Cornerstone Financial Management LLC grew its position in shares of Arista Networks by 61.9% during the second quarter. Cornerstone Financial Management LLC now owns 183 shares of the technology company’s stock valued at $31,000 after purchasing an additional 70 shares in the last quarter. Finally, Sankala Group LLC bought a new stake in shares of Arista Networks in the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insider Activity at Arista Networks

In related news, insider Kenneth Duda sold 17,333 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $203.50, for a total value of $3,527,265.50. Following the completion of the sale, the insider directly owned 12,976 shares in the company, valued at $2,640,616. This trade represents a 57.19% decrease in their ownership of the stock. 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. Also, CFO Chantelle Breithaupt sold 612 shares of Arista Networks stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $195.77, for a total transaction of $119,811.24. Following the transaction, the chief financial officer directly owned 69,921 shares of the company’s stock, valued at $13,688,434.17. The trade was a 0.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 3,387,316 shares of company stock worth $676,926,570 in the last ninety days. Corporate insiders own 2.70% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: Arista announced an open Ethernet rack-scale portfolio for high-density scale-up and scale-out AI infrastructure. The platforms were developed with AMD, Arm, Broadcom, Meta, Microsoft, Qualcomm and other technology companies, strengthening Arista’s positioning in the expanding AI-fabric market. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics
• Positive Sentiment: ClearBridge Investments highlighted Arista as an AI-infrastructure outperformer, citing solid execution, clearer AI monetization and raised guidance. The commentary supports the view that Arista may benefit as investors favor companies converting AI demand into revenue and earnings. Arista Networks Outperforms AI Infrastructure Peers
• Positive Sentiment: Arista was among the leading AI-stock purchases as the broader market reached a record high, while strong sector demand also lifted networking peers. The stock recently reached a new 52-week high, indicating continued momentum. Dow Jones Futures Fall, Yields Jump After S&P 500 Hits High
• Positive Sentiment: Bernstein initiated coverage with an Outperform rating, adding another favorable analyst view. Previous broker targets were also raised after Arista’s latest results, and the broader analyst consensus remains Buy.
• Neutral Sentiment: Arista will report third-quarter 2026 results after the market close on November 3. Investors may remain focused on whether results and guidance validate the current AI-driven valuation. Arista Networks to Announce Q3 2026 Financial Results
• Negative Sentiment: Zacks Research downgraded Arista from Strong Buy to Hold, potentially limiting near-term upside after the stock’s substantial rally.
• Negative Sentiment: Director Mark Templeton sold 5,000 shares worth approximately $1.02 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its bearish significance, but it is still a source of investor caution.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Evercore reiterated an “outperform” rating on shares of Arista Networks in a research report on Thursday, September 10th. TD Cowen upped their price objective on Arista Networks from $210.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft began coverage on Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 target price for the company. The Goldman Sachs Group reissued a “buy” rating and issued a $225.00 target price on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $231.70.

Arista Networks Stock Up 0.3%

NYSE ANET traded up $0.70 during trading hours on Wednesday, hitting $216.06. 2,403,107 shares of the company were exchanged, compared to its average volume of 7,921,002. The stock has a 50-day moving average price of $195.43 and a 200 day moving average price of $170.62. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $216.81. The stock has a market cap of $272.51 billion, a PE ratio of 68.16, a price-to-earnings-growth ratio of 2.43 and a beta of 1.60.

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. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The company’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, sell-side analysts anticipate that Arista Networks, Inc. will post 3.74 earnings per share for the current year.

Arista Networks Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.