Arista Networks, Inc. $ANET Stock: Soltis Investment Advisors LLC Grows Holdings

Soltis Investment Advisors LLC boosted its stake in Arista Networks, Inc. (NYSE:ANET) by 11.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 50,802 shares of the technology company’s stock after buying an additional 5,089 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Arista Networks were worth $10,343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ANET. Cura Wealth Advisors LLC increased its stake in Arista Networks by 3.1% during the 2nd quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock worth $297,000 after buying an additional 52 shares in the last quarter. Affinity Capital Advisors LLC raised its holdings in shares of Arista Networks by 1.4% during the third quarter. Affinity Capital Advisors LLC now owns 3,770 shares of the technology company’s stock valued at $817,000 after acquiring an additional 53 shares during the last quarter. Madison Wealth Partners Inc raised its holdings in shares of Arista Networks by 2.8% during the second quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock valued at $370,000 after acquiring an additional 60 shares during the last quarter. Intrua Financial LLC raised its holdings in shares of Arista Networks by 2.7% during the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after acquiring an additional 61 shares during the last quarter. Finally, Brucke Financial Inc. lifted its position in shares of Arista Networks by 4.7% in the third quarter. Brucke Financial Inc. now owns 1,391 shares of the technology company’s stock valued at $283,000 after acquiring an additional 63 shares in the last quarter. 82.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Kenneth Duda sold 17,333 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $180.91, for a total value of $3,135,713.03. Following the completion of the sale, the insider owned 12,976 shares of the company’s stock, valued at approximately $2,347,488.16. This trade represents a 57.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Templeton sold 5,000 shares of Arista Networks stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $204.37, for a total value of $1,021,850.00. Following the transaction, the director owned 48,410 shares in the company, valued at approximately $9,893,551.70. The trade was a 9.36% 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 sold a total of 3,627,449 shares of company stock worth $741,235,386 in the last three months. Company insiders own 2.70% of the company’s stock.

Arista Networks Trading Down 1.4%

ANET stock opened at $184.12 on Friday. The firm has a 50-day moving average of $195.48 and a two-hundred day moving average of $164.48. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $217.41. The company has a market cap of $232.21 billion, a price-to-earnings ratio of 58.08, a PEG ratio of 2.17 and a beta of 1.60.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. The business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 EPS. 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 3.79 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’s exposure to AI infrastructure and hyperscale data-center expansion remains a key long-term growth driver. One valuation analysis estimated the stock could be approximately 23% undervalued if AI networking demand, product launches and supply-chain execution meet expectations. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
• Positive Sentiment: Analysts continue to highlight strong AI-networking demand, product innovation and Arista’s high return on equity. The company’s latest reported quarter showed 37.7% year-over-year revenue growth, with revenue and earnings exceeding consensus estimates.
• Neutral Sentiment: Investors are focused on the November 3 earnings release for evidence that demand for high-speed networking products remains strong and that Arista can sustain its growth trajectory. Consensus expectations call for continued earnings growth, while management’s prior third-quarter EPS guidance was $1.06-$1.08.
• Negative Sentiment: Near-term sentiment is being pressured by profit-taking, elevated valuation and uncertainty over supply-chain costs. Commentary ahead of earnings noted that the stock had fallen nearly 10% over the past month, increasing concern that expectations may already be demanding. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
• Negative Sentiment: Investors are also monitoring the rollout of Prometheus networking, which may create execution and adoption questions until additional details are provided. Arista’s high earnings multiple makes the stock particularly sensitive to any weaker outlook or margin pressure. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus

Analyst Ratings Changes

A number of brokerages have recently issued reports on ANET. Piper Sandler reaffirmed an “overweight” rating and issued a $240.00 price target (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Zacks Research downgraded Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Barclays restated an “overweight” rating and issued a $289.00 price objective (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. The Goldman Sachs Group restated a “buy” rating and issued a $225.00 price objective on shares of Arista Networks in a report on Wednesday, August 5th. Finally, Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Arista Networks presently has a consensus rating of “Buy” and a consensus target price of $233.20.

Arista Networks Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.