Korea Investment CORP Reduces Stock Holdings in Arista Networks, Inc. $ANET

Korea Investment CORP lessened its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 814,467 shares of the technology company’s stock after selling 18,211 shares during the period. Korea Investment CORP’s holdings in Arista Networks were worth $138,362,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Callan Family Office LLC lifted its holdings in Arista Networks by 8.3% during the second quarter. Callan Family Office LLC now owns 25,060 shares of the technology company’s stock worth $4,257,000 after buying an additional 1,923 shares during the period. Expressive Wealth LLC raised its holdings in shares of Arista Networks by 7.0% in the second quarter. Expressive Wealth LLC now owns 4,135 shares of the technology company’s stock worth $702,000 after buying an additional 272 shares during the last quarter. C M Bidwell & Associates Ltd. lifted its position in Arista Networks by 15.0% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 3,428 shares of the technology company’s stock worth $582,000 after acquiring an additional 447 shares during the period. Keebeck Wealth Management boosted its position in Arista Networks by 37.9% in the second quarter. Keebeck Wealth Management now owns 3,285 shares of the technology company’s stock valued at $558,000 after buying an additional 903 shares during the last quarter. Finally, Thoroughbred Financial Services LLC boosted its holdings in shares of Arista Networks by 12.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 16,180 shares of the technology company’s stock valued at $2,748,000 after acquiring an additional 1,737 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Bank of America reaffirmed a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. TD Cowen increased their price objective on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Erste Group Bank raised Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Citigroup reiterated a “buy” rating on shares of Arista Networks in a report on Thursday, August 6th. Finally, Barclays reissued an “overweight” rating and set a $289.00 price target (up from $195.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $226.05.

Insider Transactions at Arista Networks

In related news, CEO Jayshree Ullal sold 767,029 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were 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 owned 16,387,981 shares of the company’s stock, valued at approximately $3,297,589,536.82. This represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the completion of the transaction, the insider owned 181,143,048 shares in the company, valued at $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. In the last ninety days, insiders have sold 4,128,775 shares of company stock valued at $767,332,289. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Up 2.9%

Shares of NYSE:ANET opened at $189.15 on Friday. The company has a 50-day moving average price of $177.57 and a 200 day moving average price of $156.28. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89. The company has a market cap of $238.56 billion, a P/E ratio of 59.67, a PEG ratio of 1.90 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 business had revenue of $3.04 billion for 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 company’s 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. Analysts expect that Arista Networks, Inc. will post 3.7 EPS for the current year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista’s leadership in high-speed networking for cloud and AI infrastructure is highlighted as a key advantage over Salesforce, reinforcing the company’s long-term growth profile. Arista Networks vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: ANET was included among high-return-on-equity, cash-rich stocks that may appeal to investors seeking quality during volatile markets. Arista’s reported return on equity was approximately 31%. 5 High ROE Stocks to Buy as Markets Sway on Intense Volatility
• Positive Sentiment: Arista has nearly tripled multiyear purchase commitments to roughly $9.7 billion, suggesting management is securing components in anticipation of sustained AI and cloud demand. The spending also signals confidence in a sizable future order pipeline, though it raises execution and inventory risks. Can ANET Stock Compound Its Way Higher?
• Positive Sentiment: Arista’s second-quarter performance was presented as strong enough to support a higher price target. The company recently beat consensus earnings and revenue estimates and issued third-quarter EPS guidance of $1.06 to $1.08. Arista Networks: Q2 2026 Justifies A Higher Price Target
• Neutral Sentiment: Compared with CoreWeave, Arista generates substantially more revenue and has delivered steadier quarter-over-quarter growth, while CoreWeave is expanding faster. The comparison supports Arista’s scale but highlights increasing competition in AI infrastructure. Arista Networks vs. CoreWeave: What Revenue Trends Tell Investors About These Artificial Intelligence Companies
• Negative Sentiment: At an elevated valuation, investors are paying for continued rapid growth. Arista’s future margins could depend heavily on the mix and profitability of customers behind its large capacity commitments. What You Are Really Paying For In Arista Networks Stock

Arista Networks Profile

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.