Arista Networks, Inc. $ANET Stock: Robeco Institutional Asset Management B.V. Cuts Stake

Robeco Institutional Asset Management B.V. reduced its stake in Arista Networks, Inc. (NYSE:ANET) by 22.1% in the third quarter, Holdings Channel.com reports. The fund owned 2,848,869 shares of the technology company’s stock after selling 806,367 shares during the period. Arista Networks makes up approximately 0.7% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 25th biggest position. Robeco Institutional Asset Management B.V.’s holdings in Arista Networks were worth $580,001,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Davidson Trust Co. purchased a new stake in Arista Networks in the third quarter worth approximately $3,512,000. Deutsche Bank AG increased its position in shares of Arista Networks by 4.3% during the second quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after buying an additional 388,354 shares during the period. Ferguson Wellman Capital Management Inc. raised its position in shares of Arista Networks by 2,827.9% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 52,381 shares of the technology company’s stock worth $10,664,000 after acquiring an additional 50,592 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services bought a new position in Arista Networks in the first quarter worth $5,279,000. Finally, Whitaker Myers Wealth Managers LTD. increased its stake in shares of Arista Networks by 564.1% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 16,847 shares of the technology company’s stock valued at $2,862,000 after purchasing an additional 14,310 shares in the last quarter. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ANET has been the topic of several analyst reports. Piper Sandler reiterated an “overweight” rating and issued a $240.00 target price (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 target price for the company. UBS Group restated a “buy” rating and issued a $259.00 target price (up from $187.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Citigroup restated a “buy” rating and set a $248.00 target price (up from $215.00) on shares of Arista Networks in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $233.20.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Arista’s new open Ethernet rack-scale portfolio, including the Etherlink SU-144 architecture, is designed for high-density AI infrastructure with up to 144 accelerators per rack. The offering could help the company capture demand from cloud providers and “neocloud” operators seeking lower-cost, standards-based alternatives to proprietary interconnects. Is Open AI Rack Launch Altering the Investment Case for Arista Networks Stock?
• Positive Sentiment: Analysts and financial commentators expect another strong quarterly report on November 3. Arista is projected to generate approximately $3.3 billion in third-quarter revenue, representing about 44% year-over-year growth, supported by AI data-center networking demand. Arista Networks Is Heading for a Big Test on Nov. 3
• Positive Sentiment: TD Cowen maintained a “buy” rating while lowering its price target from $250 to $205. The revised target still implies approximately 12.9% upside from the referenced share price, suggesting the firm views the recent weakness as excessive relative to Arista’s growth outlook.

Arista Networks Stock Down 0.7%

Shares of NYSE ANET opened at $181.59 on Wednesday. The business’s 50 day moving average price is $197.98 and its 200 day moving average price is $175.58. The firm has a market cap of $229.03 billion, a P/E ratio of 57.28, a P/E/G ratio of 2.12 and a beta of 1.60. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 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 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The business had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The business’s revenue was up 37.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, research analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

Insider Buying and Selling at Arista Networks

In other news, CEO Jayshree Ullal sold 767,029 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the completion of the transaction, the chief executive officer directly owned 16,387,981 shares of the company’s stock, valued at approximately $3,297,589,536.82. The trade was a 4.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the transaction, the insider owned 181,143,048 shares of the company’s stock, valued at approximately $36,826,381,658.40. The trade was a 0.17% 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. Insiders have sold a total of 3,584,116 shares of company stock valued at $733,396,013 over the last three months. 2.70% of the stock is currently owned by insiders.

Arista Networks Profile

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.