First Pacific Financial Acquires 7,212 Shares of Arista Networks, Inc. $ANET

First Pacific Financial bought a new stake in shares of Arista Networks, Inc. (NYSE:ANET) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,212 shares of the technology company’s stock, valued at approximately $1,468,000.

A number of other large investors also recently modified their holdings of ANET. Davidson Trust Co. purchased a new stake in Arista Networks during the 3rd quarter valued at approximately $3,512,000. Deutsche Bank AG raised its position in shares of Arista Networks by 4.3% during the second quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after buying an additional 388,354 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its holdings in shares of Arista Networks by 2,827.9% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 52,381 shares of the technology company’s stock worth $10,664,000 after buying an additional 50,592 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services purchased a new position in shares of Arista Networks in the first quarter worth $5,279,000. Finally, Whitaker Myers Wealth Managers LTD. lifted its holdings in shares of Arista Networks by 564.1% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 16,847 shares of the technology company’s stock worth $2,862,000 after buying an additional 14,310 shares in the last quarter. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Insiders Place Their Bets

In other news, insider Kenneth Duda sold 17,333 shares of the stock in a transaction on Monday, September 21st. The shares were sold at an average price of $203.50, for a total value of $3,527,265.50. Following the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $2,640,616. This represents a 57.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 130,553 shares of the firm’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $217.10, for a total transaction of $28,343,056.30. Following the completion of the sale, the chief executive officer owned 4,774,691 shares of the company’s stock, valued at $1,036,585,416.10. This trade represents a 2.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 3,627,449 shares of company stock valued at $740,784,723. 2.70% of the stock is currently owned by company insiders.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista introduced an open Ethernet rack-scale portfolio designed to connect accelerators across liquid-cooled racks for large AI workloads. The launch reinforces the company’s position in AI networking and could expand its addressable market. Arista Networks Stock Dropped, What Is Behind the Fresh Attention?
• Positive Sentiment: Erste Group Bank modestly raised its FY2026 EPS estimate to $3.79 from $3.78 and its FY2027 forecast to $4.74 from $4.73, while maintaining a Buy rating. The revisions suggest continued confidence in Arista’s earnings growth.
• Positive Sentiment: A separate report said Arista’s revenue outlook was raised for the third time this year and non-cancellable purchase commitments climbed 2.7 times to $9.7 billion. If accurate, the commitments provide stronger visibility into future demand. Arista Networks Prospects and Earnings
• Neutral Sentiment: Arista’s previous quarterly results exceeded expectations, with revenue up 37.7% year over year and EPS of $1.02 versus the $0.89 consensus. However, the stock trades at a high earnings multiple, leaving less room for disappointment.
• Negative Sentiment: CEO Jayshree Ullal sold 130,553 shares for approximately $28.3 million and another 27,990 shares for about $6.1 million. Both transactions were executed under a pre-arranged Rule 10b5-1 plan, and Ullal still owns roughly 4.8 million shares, which reduces—but does not eliminate—the negative signal from the sales.
• Negative Sentiment: The stock recently declined more than the broader market after gaining about 58% year to date and reaching near its 52-week high. The move appears consistent with profit-taking and valuation concerns rather than a reported deterioration in Arista’s business outlook. Arista Networks Registers a Bigger Fall Than the Market

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Needham & Company LLC reiterated a “buy” rating and issued a $260.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Barclays reiterated 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. Bank of America reissued a “buy” rating and set a $240.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Finally, KeyCorp reissued an “overweight” rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $235.45.

Arista Networks Stock Performance

NYSE:ANET opened at $195.11 on Thursday. The stock’s fifty day moving average is $198.83 and its 200 day moving average is $173.87. Arista Networks, Inc. has a fifty-two week low of $114.52 and a fifty-two week high of $217.41. The firm has a market capitalization of $246.07 billion, a PE ratio of 61.55, a PEG ratio of 2.38 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (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 return on equity of 30.65% and a net margin of 38.37%. Arista Networks’s revenue was up 37.7% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities analysts forecast that Arista Networks, Inc. will post 3.79 EPS for the current year.

Arista Networks Company Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.