Arista Networks, Inc. $ANET Stock: Soltis Investment Advisors LLC Grows Stake

Soltis Investment Advisors LLC increased its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 11.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,802 shares of the technology company’s stock after purchasing an additional 5,089 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Arista Networks were worth $10,343,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Founders Financial Securities LLC boosted its stake in Arista Networks by 0.6% in the 3rd quarter. Founders Financial Securities LLC now owns 12,008 shares of the technology company’s stock worth $2,445,000 after purchasing an additional 73 shares in the last quarter. Blueprint Investment Partners LLC grew its position in Arista Networks by 8.9% during the 3rd quarter. Blueprint Investment Partners LLC now owns 21,516 shares of the technology company’s stock worth $4,380,000 after purchasing an additional 1,751 shares during the last quarter. United Asset Strategies Inc. grew its position in Arista Networks by 2.0% during the 3rd quarter. United Asset Strategies Inc. now owns 13,114 shares of the technology company’s stock worth $2,670,000 after purchasing an additional 251 shares during the last quarter. Choreo LLC increased its stake in Arista Networks by 5.4% during the 3rd quarter. Choreo LLC now owns 31,787 shares of the technology company’s stock valued at $6,472,000 after purchasing an additional 1,636 shares in the last quarter. Finally, Blueprint Financial Advisors LLC increased its stake in Arista Networks by 7.5% during the 3rd quarter. Blueprint Financial Advisors LLC now owns 21,495 shares of the technology company’s stock valued at $4,376,000 after purchasing an additional 1,505 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Arista Networks Stock Down 1.4%

ANET stock opened at $184.12 on Friday. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $217.41. The company’s 50-day simple moving average is $195.48 and its 200-day simple moving average is $164.48. The firm has a market cap of $232.21 billion, a P/E ratio of 58.08, a PEG ratio of 2.17 and a beta of 1.60.

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

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Arista’s exposure to AI infrastructure and hyperscale data-center expansion remains a key long-term growth driver. One valuation analysis estimated the stock could be approximately 23% undervalued if AI networking demand, product launches and supply-chain execution meet expectations. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
• Positive Sentiment: Analysts continue to highlight strong AI-networking demand, product innovation and Arista’s high return on equity. The company’s latest reported quarter showed 37.7% year-over-year revenue growth, with revenue and earnings exceeding consensus estimates.
• Neutral Sentiment: Investors are focused on the November 3 earnings release for evidence that demand for high-speed networking products remains strong and that Arista can sustain its growth trajectory. Consensus expectations call for continued earnings growth, while management’s prior third-quarter EPS guidance was $1.06-$1.08.
• Negative Sentiment: Near-term sentiment is being pressured by profit-taking, elevated valuation and uncertainty over supply-chain costs. Commentary ahead of earnings noted that the stock had fallen nearly 10% over the past month, increasing concern that expectations may already be demanding. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
• Negative Sentiment: Investors are also monitoring the rollout of Prometheus networking, which may create execution and adoption questions until additional details are provided. Arista’s high earnings multiple makes the stock particularly sensitive to any weaker outlook or margin pressure. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. KeyCorp reaffirmed 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. Rosenblatt Securities raised their price objective on Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, October 21st. Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, TD Cowen dropped their target price on Arista Networks from $250.00 to $205.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. Two 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’s stock. According to data from MarketBeat.com, Arista Networks presently has an average rating of “Buy” and an average target price of $233.20.

Insiders Place Their Bets

In other news, insider Kenneth Duda sold 17,333 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $180.91, for a total transaction of $3,135,713.03. Following the transaction, the insider owned 12,976 shares in the company, valued at $2,347,488.16. This trade represents a 57.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark B. Templeton sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $204.37, for a total value of $1,021,850.00. Following the transaction, the director owned 48,410 shares in the company, valued at $9,893,551.70. This trade represents a 9.36% 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 3,627,449 shares of company stock valued at $741,235,386 over the last ninety days. 2.70% of the stock is owned by corporate 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.