Corient Private Wealth LP Acquires 37,580 Shares of Arista Networks, Inc. $ANET

Corient Private Wealth LP increased its stake in shares of Arista Networks, Inc. (NYSE:ANET) by 16.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 269,727 shares of the technology company’s stock after buying an additional 37,580 shares during the period. Corient Private Wealth LP’s holdings in Arista Networks were worth $45,815,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. State Street Corp lifted its holdings in Arista Networks by 1.4% during the 4th quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after buying an additional 628,146 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Arista Networks by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock worth $4,870,618,000 after purchasing an additional 380,724 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Arista Networks by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock valued at $3,455,095,000 after purchasing an additional 477,625 shares during the last quarter. Norges Bank acquired a new stake in shares of Arista Networks during the 4th quarter worth approximately $1,558,563,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Arista Networks by 34.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company’s stock valued at $1,712,788,000 after buying an additional 2,497,275 shares during the period. 82.47% of the stock is owned by institutional investors.

Insider Transactions at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 111,848 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $192.75, for a total value of $21,558,702.00. Following the transaction, the insider directly owned 109,833 shares of the company’s stock, valued at $21,170,310.75. This represents a 50.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $185.42, for a total transaction of $3,213,884.86. Following the transaction, the insider directly owned 12,976 shares in the company, valued at approximately $2,406,009.92. This represents a 57.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders sold 3,950,082 shares of company stock valued at $741,060,096. 2.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ANET has been the subject of a number of analyst reports. KeyCorp reaffirmed an “overweight” rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Zacks Research raised shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Bank of America reiterated 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 boosted their price objective on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Rosenblatt Securities increased their price objective on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Two equities 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 data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $226.05.

Arista Networks Stock Performance

Shares of NYSE:ANET opened at $201.30 on Friday. The company has a 50-day simple moving average of $179.77 and a 200 day simple moving average of $158.14. The company has a market capitalization of $253.88 billion, a P/E ratio of 63.50, a price-to-earnings-growth ratio of 2.09 and a beta of 1.60. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $214.89.

Arista Networks (NYSE:ANET) last posted its 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. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the firm earned $0.73 EPS. The firm’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. As a group, equities analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current year.

More Arista Networks News

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

• Positive Sentiment: Arista remains a major beneficiary of rising AI data-center investment. Demand for high-speed networking equipment is expanding as cloud providers and technology companies build out AI infrastructure, supporting the company’s growth outlook. 3 Stocks That Are No-Brainer Buys in the Second Half of 2026
• Positive Sentiment: Analysts remain broadly bullish. The consensus price target implies approximately 26.7% upside, while several firms recently raised targets to $250 and maintained buy or overweight ratings. However, price targets are not guaranteed and may already reflect strong growth expectations. Wall Street Analysts Believe Arista Networks Could Rally 26.74%
• Neutral Sentiment: Arista’s latest quarterly results were strong, with EPS of $1.02 versus $0.89 expected and revenue of $3.04 billion versus $2.83 billion expected. Revenue increased 37.7% year over year, and management guided to third-quarter EPS of $1.06–$1.08.
• Negative Sentiment: CEO Jayshree Ullal sold 13,809 shares worth about $2.65 million, reducing her direct ownership by 58.2%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which limits its value as a bearish signal, but the size of the sale may encourage profit-taking. SEC CEO insider sale filing
• Negative Sentiment: Political opposition to new AI data centers could create regulatory delays or limit construction, potentially slowing demand from Arista’s large cloud customers. Investors are also watching customer concentration and elevated valuation risk, with ANET trading at roughly 63.5 times earnings. Arista Networks Faces New Political Risk

Arista Networks Company 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.