Royal London Asset Management Ltd. Cuts Stock Position in Arista Networks, Inc. $ANET

Royal London Asset Management Ltd. lessened its holdings in Arista Networks, Inc. (NYSE:ANET) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 454,925 shares of the technology company’s stock after selling 3,965 shares during the period. Royal London Asset Management Ltd.’s holdings in Arista Networks were worth $77,283,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Mufg Securities Americas Inc. grew its stake in Arista Networks by 8.8% during the 2nd quarter. Mufg Securities Americas Inc. now owns 31,099 shares of the technology company’s stock worth $5,283,000 after purchasing an additional 2,526 shares in the last quarter. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Arista Networks during the second quarter worth about $304,000. Nissay Asset Management Corp Japan raised its holdings in Arista Networks by 1.1% in the second quarter. Nissay Asset Management Corp Japan now owns 217,104 shares of the technology company’s stock valued at $36,882,000 after acquiring an additional 2,355 shares in the last quarter. BNP Paribas lifted its stake in Arista Networks by 0.4% in the second quarter. BNP Paribas now owns 38,043 shares of the technology company’s stock worth $6,229,000 after acquiring an additional 151 shares during the last quarter. Finally, Field & Main Bank purchased a new stake in shares of Arista Networks in the 2nd quarter valued at approximately $1,651,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Key Arista Networks News

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

• Positive Sentiment: Arista Networks continues to benefit from growing AI data-center investment. Demand for high-speed, scalable networking equipment from cloud providers and enterprises supports the company’s long-term growth outlook. 3 Stocks That Are No-Brainer Buys in the Second Half of 2026
• Positive Sentiment: Wall Street’s consensus remains bullish, with an average “Buy” recommendation and several analysts recently raising price targets, including targets of $240, $250 and $280. However, brokerage ratings can be optimistic and may already reflect substantial AI-related growth expectations. Is It Worth Investing in Arista Networks Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Arista’s latest results were strong: quarterly revenue rose 37.7% year over year to $3.04 billion, exceeding expectations, while EPS of $1.02 topped the $0.89 consensus. Third-quarter EPS guidance of $1.06–$1.08 provides continued support, but investors are focused on whether growth can meet the high valuation.
• Negative Sentiment: Component availability is becoming a key investment risk. A potential earnings-multiple contraction over the next two years depends less on customer demand than on whether Arista can obtain the parts needed to fulfill AI-networking orders on time. Delays could pressure revenue timing and margins. Arista’s Price Assumes the Parts Arrive on Time
• Negative Sentiment: CEO Jayshree Ullal sold 13,809 shares for approximately $2.65 million, reducing her direct ownership by 58.2%. The sale was executed under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal, but it may still contribute to profit-taking concerns. SEC insider sale filing
• Negative Sentiment: Political resistance to new AI data centers could delay or restrict projects, potentially slowing infrastructure spending by Arista’s major cloud customers. Arista Networks Faces New Political Risk

Arista Networks Price Performance

Shares of Arista Networks stock opened at $195.59 on Friday. The firm’s fifty day simple moving average is $180.28 and its 200-day simple moving average is $158.40. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $214.89. The stock has a market capitalization of $246.68 billion, a price-to-earnings ratio of 61.70, a PEG ratio of 2.08 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $3.04 billion for 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% on a year-over-year basis. During the same period last year, the firm posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Analysts anticipate that Arista Networks, Inc. will post 3.7 earnings per share for the current year.

Wall Street Analyst Weigh In

ANET has been the topic of several recent analyst reports. KeyCorp reissued an “overweight” rating and issued a $250.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Wolfe Research restated an “outperform” rating and set a $175.00 target price on shares of Arista Networks in a research note on Wednesday, June 10th. Bank of America reiterated a “buy” rating and issued a $240.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Truist Financial upped their target price on shares of Arista Networks from $175.00 to $234.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $260.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Arista Networks currently has an average rating of “Buy” and an average target price of $226.05.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 13,809 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $191.79, for a total value of $2,648,428.11. Following the transaction, the chief executive officer owned 9,917 shares in the company, valued at $1,901,981.43. The trade was a 58.20% decrease in their position. The sale was disclosed in a legal 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, insider Kenneth Duda sold 17,333 shares of Arista Networks stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $185.42, for a total value of $3,213,884.86. Following the completion of the transaction, the insider owned 12,976 shares in the company, valued at $2,406,009.92. This trade represents a 57.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 3,950,082 shares of company stock worth $741,060,096 over the last three months. 2.70% of the stock is currently owned by corporate insiders.

About Arista Networks

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.