10,348 Arista Networks, Inc. $ANET Shares Purchased by Compass Financial Management LLC

Key Points

• Compass Financial Management increased its Arista Networks stake by 237.1% in the third quarter, buying 10,348 shares and ending the period with 14,712 shares valued at about $3.0 million.
• Arista reported quarterly revenue of $3.66 billion, up 58.5% year over year, and EPS of $1.20, beating analyst expectations. Management raised its 2026 revenue outlook to $13.3 billion and projected about $18.5 billion in 2027 revenue.
• Company insiders sold shares worth about $482.7 million over the past 90 days; the cited transactions were made under pre-arranged Rule 10b5-1 plans. Margin pressure and the stock’s premium valuation remain risks.

Compass Financial Management LLC raised its stake in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 237.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,712 shares of the technology company's stock after buying an additional 10,348 shares during the period. Compass Financial Management LLC's holdings in Arista Networks were worth $2,995,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Rakuten Investment Management Inc. bought a new position in shares of Arista Networks in the 3rd quarter valued at approximately $38,426,000. Third View Private Wealth LLC bought a new stake in Arista Networks during the third quarter worth approximately $360,000. Provenance Wealth Advisors LLC grew its holdings in Arista Networks by 182,387.5% during the third quarter. Provenance Wealth Advisors LLC now owns 14,599 shares of the technology company's stock valued at $2,972,000 after purchasing an additional 14,591 shares during the last quarter. Integrity Alliance LLC. grew its holdings in Arista Networks by 55.8% during the third quarter. Integrity Alliance LLC. now owns 2,925 shares of the technology company's stock valued at $596,000 after purchasing an additional 1,048 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Arista Networks by 1.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 128,719 shares of the technology company's stock valued at $26,206,000 after purchasing an additional 1,795 shares during the period. Institutional investors and hedge funds own 82.47% of the company's stock.

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 130,553 shares of the business's stock in a transaction on Friday, October 9th. The stock was sold at an average price of $217.10, for a total value of $28,343,056.30. Following the sale, the chief executive officer owned 4,774,691 shares of the company's stock, valued at $1,036,585,416.10. The trade was a 2.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark B. Templeton sold 5,000 shares of the company's stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $165.85, for a total value of $829,250.00. Following the completion of the sale, the director owned 43,410 shares in the company, valued at $7,199,548.50. This trade represents a 10.33% 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. In the last 90 days, insiders sold 2,380,998 shares of company stock worth $482,687,801. Insiders own 2.70% of the company's stock.

Arista Networks News Roundup

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

• Positive Sentiment: Arista reported third-quarter revenue of $3.66 billion, up 58.5% year over year and above the $3.33 billion consensus. EPS of $1.20 also topped estimates of $1.08. Management raised its 2026 revenue outlook to $13.3 billion. Article: ANET Q3 Earnings Beat Estimates on Strong AI and Enterprise Demand
• Positive Sentiment: Management forecast roughly $18.5 billion in 2027 revenue, implying 38%–40% growth versus Wall Street expectations of about 28%. AI-fabric revenue is projected to double to around $7 billion, reflecting demand for networking infrastructure in AI data centers. Article: Arista Networks gets BofA backing as 2027 growth outlook tops Street
• Positive Sentiment: Analysts responded with bullish ratings and higher targets: Bank of America reiterated Buy with a $240 target, while JPMorgan raised its target to $270 and Piper Sandler to $261. These revisions signal confidence in Arista’s growth prospects.
• Neutral Sentiment: Director Mark Templeton and major shareholder Andreas Bechtolsheim disclosed stock sales under pre-arranged Rule 10b5-1 plans. Bechtolsheim’s sale represented only 0.15% of his holdings, so the transactions may be less indicative of a change in business outlook. Article: Arista Networks insider transactions
• Negative Sentiment: Gross margin pressure is a watch point: a larger hardware mix is expected to weigh on margins, even as operating margins remain strong. Arista’s premium valuation also leaves the stock sensitive to any shortfall against its ambitious growth targets. Article: Arista Revenue Up 58% as Q4 Outlook Slows

Arista Networks Price Performance

NYSE ANET opened at $178.24 on Thursday. The firm has a market capitalization of $224.80 billion, a price-to-earnings ratio of 47.91, a P/E/G ratio of 1.97 and a beta of 1.61. The company's fifty day moving average is $194.05 and its two-hundred day moving average is $165.34. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $217.41.

Arista Networks (NYSE:ANET - Get Free Report) last issued its earnings results on Tuesday, November 3rd. The technology company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.08 by $0.12. Arista Networks had a return on equity of 33.92% and a net margin of 39.97%. The firm had revenue of $3.66 billion during the quarter, compared to analysts' expectations of $3.33 billion. During the same period last year, the business earned $0.75 earnings per share. Arista Networks's quarterly revenue was up 58.5% compared to the same quarter last year. As a group, sell-side analysts expect that Arista Networks, Inc. will post 3.79 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ANET has been the subject of a number of analyst reports. Erste Group Bank upgraded shares of Arista Networks from a "hold" rating to a "buy" rating in a research note on Wednesday, July 15th. Barclays dropped their target price on shares of Arista Networks from $289.00 to $236.00 and set an "overweight" rating on the stock in a report on Wednesday. Piper Sandler boosted their target price on shares of Arista Networks from $240.00 to $261.00 and gave the stock an "overweight" rating in a research report on Wednesday. Weiss Ratings upgraded shares of Arista Networks from a "hold (c+)" rating to a "buy (b)" rating in a report on Wednesday, October 21st. Finally, Bank of America reaffirmed a "buy" rating and issued a $240.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $240.24.

Arista Networks Company 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.

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