3,495 Arista Networks, Inc. $ANET Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC trimmed its stake in Arista Networks, Inc. (NYSE:ANET) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 87,914 shares of the technology company’s stock after selling 3,495 shares during the period. Arista Networks comprises 0.7% of Motley Fool Asset Management LLC’s holdings, making the stock its 26th biggest holding. Motley Fool Asset Management LLC’s holdings in Arista Networks were worth $17,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of ANET. State Street Corp boosted its holdings in shares of Arista Networks by 159.4% in 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. Jupiter Topco LLC purchased a new position in Arista Networks during the 2nd quarter worth $1,101,860,000. Envestnet Asset Management Inc. increased its holdings in Arista Networks by 199.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock worth $1,635,978,000 after purchasing an additional 6,409,612 shares during the period. Alyeska Investment Group L.P. bought a new stake in Arista Networks during the 2nd quarter valued at $537,736,000. Finally, Massachusetts Financial Services Co. MA raised its position in Arista Networks by 34.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after purchasing an additional 2,497,275 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Arista Networks Trading Down 0.1%

Shares of NYSE ANET opened at $186.84 on Thursday. The stock has a market capitalization of $235.65 billion, a PE ratio of 58.94, a price-to-earnings-growth ratio of 2.00 and a beta of 1.60. The stock’s fifty day simple moving average is $195.53 and its two-hundred day simple moving average is $164.17. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41.

Arista Networks (NYSE:ANET) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The firm 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 business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, equities analysts predict that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ANET shares. KeyCorp reissued 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. Bank of America restated a “buy” rating and issued a $240.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $260.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Jefferies Financial Group set a $250.00 target price on shares of Arista Networks in a report on Wednesday, August 5th. Finally, UBS Group reissued a “buy” rating and set a $259.00 target price (up from $187.00) 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 company. Based on data from MarketBeat.com, Arista Networks has an average rating of “Buy” and an average price target of $233.20.

Arista Networks News Summary

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

• Positive Sentiment: Arista’s AI and cloud-networking growth story remains strong. The company is reportedly gaining share in AI data-center networking, including projects that could otherwise have used Nvidia’s InfiniBand technology. Management has also raised its 2026 revenue outlook, citing increased adoption of open Ethernet fabrics. Arista Networks Is Winning AI Data Center Network Share
• Positive Sentiment: Analysts are heading into the next earnings report with rising estimates, supported by strong AI-networking demand and continued product innovation. Arista’s prior quarter included revenue growth of 37.7% year over year and earnings above consensus, while third-quarter guidance calls for $1.06–$1.08 in EPS. ANET Stock Before Q3 Earnings
• Positive Sentiment: Arista was highlighted as a high-growth company with substantial insider ownership, which may appeal to investors seeking businesses whose founders and insiders remain financially aligned with shareholders. Arista Networks and Two Fast-Growing Insider Stocks
• Neutral Sentiment: The stock recently posted a strong advance ahead of its November earnings test, but the upcoming report creates a near-term catalyst and raises the risk of volatility if results or guidance do not exceed high expectations. Arista Networks Gains Ahead of Earnings
• Negative Sentiment: Investors are focusing on a Prometheus networking deployment, which appears to be prompting renewed scrutiny of Arista’s competitive positioning and execution. Details surrounding the deployment may be contributing to the current weakness. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus
• Negative Sentiment: Valuation and costs remain key risks. With a high earnings multiple, Arista needs continued strong growth to justify its share price, while supply-chain expenses could pressure margins. ANET Investment Analysis

Insider Buying and Selling

In other Arista Networks news, insider Kenneth Duda sold 17,333 shares of Arista Networks stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $180.91, for a total value of $3,135,713.03. Following the transaction, the insider owned 12,976 shares in the company, valued at $2,347,488.16. The trade was a 57.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Breithaupt sold 1,224 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $215.00, for a total transaction of $263,160.00. Following the completion of the transaction, the chief financial officer owned 68,697 shares of the company’s stock, valued at $14,769,855. This represents a 1.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,627,449 shares of company stock worth $741,235,386 in the last three months. 2.70% of the stock is owned by company insiders.

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.