GAMMA Investing LLC Boosts Stock Holdings in Arista Networks, Inc. $ANET

GAMMA Investing LLC raised its position in shares of Arista Networks, Inc. (NYSE:ANET) by 16.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,677 shares of the technology company’s stock after acquiring an additional 5,019 shares during the quarter. GAMMA Investing LLC’s holdings in Arista Networks were worth $6,061,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after purchasing an additional 5,955 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in Arista Networks in the 4th quarter valued at $202,000. Bison Wealth LLC acquired a new stake in Arista Networks during the 4th quarter worth $251,000. Sivia Capital Partners LLC boosted its stake in Arista Networks by 48.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after purchasing an additional 3,496 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its holdings in shares of Arista Networks by 31.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after buying an additional 1,000 shares in the last quarter. 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: Q2 results exceeded estimates: Arista reported adjusted earnings of $1.02 per share versus the $0.89 consensus estimate, while revenue reached $3.04 billion, ahead of the $2.83 billion forecast. Revenue rose 37.7% year over year, marking the company’s first quarter above $3 billion. Arista forecasts upbeat quarterly revenue on AI-driven networking demand
• Positive Sentiment: Upbeat Q3 guidance: Arista forecast third-quarter revenue of approximately $3.3 billion, compared with Wall Street’s $2.9 billion expectation. Its EPS outlook of $1.06–$1.08 also topped the $0.89 consensus estimate, signaling continued momentum. Arista Networks soars on strong Q2 beat and raised outlook
• Positive Sentiment: AI networking demand remains a major growth driver: Customers are expanding AI and cloud infrastructure, supporting demand for Arista’s high-speed networking equipment. The company also highlighted new 1.6-terabit-per-second AI networking systems designed to improve performance and reduce power consumption. Arista Networks Q2 revenue jumps as AI networking demand accelerates
• Neutral Sentiment: Arista’s strong results improve its growth outlook, but the stock’s elevated valuation—approximately 65 times earnings—leaves shares sensitive to any slowdown in AI infrastructure spending or future guidance.

Arista Networks Stock Up 3.4%

NYSE ANET opened at $191.21 on Wednesday. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $194.35. The business’s fifty day simple moving average is $168.68 and its 200-day simple moving average is $151.16. The firm has a market cap of $240.77 billion, a PE ratio of 65.48, a P/E/G ratio of 2.84 and a beta of 1.60.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.13. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter in the previous year, the company posted $0.73 EPS. The company’s revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Research analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ANET shares. Zacks Research downgraded shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. Needham & Company LLC upped their price objective on shares of Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $200.00 price objective (up from $185.00) on shares of Arista Networks in a research note on Thursday, July 16th. Weiss Ratings downgraded shares of Arista Networks from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Finally, Piper Sandler reissued an “overweight” rating and issued a $181.00 target price (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Arista Networks presently has an average rating of “Buy” and an average target price of $189.74.

Insiders Place Their Bets

In other Arista Networks news, CEO Jayshree Ullal sold 242,422 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $188.17, for a total value of $45,616,547.74. Following the transaction, the chief executive officer directly owned 5,171,095 shares in the company, valued at $973,044,946.15. The trade was a 4.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 32,000 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $140.08, for a total transaction of $4,482,560.00. Following the completion of the sale, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $1,817,678.08. This trade represents a 71.15% decrease in their position. 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. Insiders have sold 2,300,316 shares of company stock valued at $382,160,575 over the last ninety days. Company insiders own 2.70% of the company’s 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.