Roman Butler Fullerton & Co. Purchases 4,371 Shares of Arista Networks, Inc. $ANET

Roman Butler Fullerton & Co. raised its position in Arista Networks, Inc. (NYSE:ANET) by 38.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,618 shares of the technology company’s stock after purchasing an additional 4,371 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Arista Networks were worth $2,829,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Cura Wealth Advisors LLC lifted its stake in Arista Networks by 3.1% in the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after purchasing an additional 52 shares during the last quarter. Simplicity Wealth LLC grew its stake in shares of Arista Networks by 6.9% during the second quarter. Simplicity Wealth LLC now owns 4,953 shares of the technology company’s stock valued at $841,000 after buying an additional 319 shares during the last quarter. Trivium Point Advisory LLC raised its holdings in shares of Arista Networks by 14.4% in the second quarter. Trivium Point Advisory LLC now owns 6,738 shares of the technology company’s stock worth $1,145,000 after buying an additional 848 shares during the period. Continuum Advisory LLC raised its holdings in shares of Arista Networks by 6.9% in the second quarter. Continuum Advisory LLC now owns 4,819 shares of the technology company’s stock worth $819,000 after buying an additional 311 shares during the period. Finally, J.Safra Asset Management Corp lifted its stake in shares of Arista Networks by 21.6% during the 2nd quarter. J.Safra Asset Management Corp now owns 8,061 shares of the technology company’s stock worth $1,369,000 after acquiring an additional 1,431 shares during the last quarter. Institutional investors own 82.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ANET. The Goldman Sachs Group restated a “buy” rating and set a $225.00 price objective on shares of Arista Networks in a report on Wednesday, August 5th. UBS Group reiterated 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. Citigroup reissued a “buy” rating on shares of Arista Networks in a research note on Thursday, August 6th. 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 report on Wednesday, August 5th. Finally, Barclays reaffirmed an “overweight” rating and issued a $289.00 price target (up from $195.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $226.05.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 767,029 shares of the firm’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 sale, the chief executive officer owned 16,387,981 shares of the company’s stock, valued at $3,297,589,536.82. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Arista Networks stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total value 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. This trade represents 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. Over the last three months, insiders sold 4,335,168 shares of company stock valued at $798,637,629. Corporate insiders own 2.70% of the company’s stock.

Arista Networks Stock Performance

NYSE ANET opened at $202.05 on Tuesday. The company has a market cap of $254.83 billion, a PE ratio of 63.74, a P/E/G ratio of 2.06 and a beta of 1.60. The firm’s 50 day moving average price is $175.00 and its 200-day moving average price is $155.18. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $214.89.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 EPS 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 the consensus estimate of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. Arista Networks’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

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.