Geneva Partners LLC Buys New Position in Arista Networks, Inc. $ANET

Geneva Partners LLC bought a new stake in shares of Arista Networks, Inc. (NYSE:ANET) in the third quarter, HoldingsChannel reports. The institutional investor bought 26,541 shares of the technology company’s stock, valued at approximately $5,403,000. Arista Networks makes up about 1.6% of Geneva Partners LLC’s portfolio, making the stock its 26th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its holdings in Arista Networks by 159.4% during the second quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock valued at $20,606,975,000 after purchasing an additional 74,541,134 shares during the period. Massachusetts Financial Services Co. MA increased its position in Arista Networks by 34.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock worth $1,712,788,000 after buying an additional 2,497,275 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Arista Networks by 199.0% in the second quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock worth $1,635,978,000 after buying an additional 6,409,612 shares in the last quarter. Deutsche Bank AG increased its position in Arista Networks by 4.3% in the second quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock worth $1,589,651,000 after buying an additional 388,354 shares in the last quarter. Finally, Amundi lifted its position in shares of Arista Networks by 5.7% during the 1st quarter. Amundi now owns 9,064,443 shares of the technology company’s stock valued at $1,112,932,000 after buying an additional 491,173 shares in the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Arista Networks news, CEO Jayshree Ullal sold 767,029 shares of Arista Networks stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38. Following the sale, the chief executive officer directly owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. The trade was a 4.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 completion of the sale, the insider 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 SEC filing for this sale provides additional information. 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. 2.70% of the stock is owned by company insiders.

Arista Networks Price Performance

Shares of ANET opened at $176.95 on Tuesday. Arista Networks, Inc. has a 1 year low of $114.52 and a 1 year high of $217.41. The company has a 50 day simple moving average of $196.38 and a two-hundred day simple moving average of $163.35. The firm has a market cap of $223.18 billion, a P/E ratio of 55.82, a price-to-earnings-growth ratio of 2.00 and a beta of 1.60.

Arista Networks (NYSE:ANET) last released 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 firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the business posted $0.73 earnings per share. The company’s revenue for the quarter 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. On average, sell-side analysts anticipate that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

Key Stories Impacting Arista Networks

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?

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Erste Group Bank upgraded Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, October 21st. Sanford C. Bernstein initiated coverage on shares of Arista Networks in a report on Wednesday, September 30th. They set an “outperform” rating and a $250.00 price target on the stock. Rosenblatt Securities upped their price target on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $255.00 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 given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $233.20.

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.