EP Wealth Advisors LLC Trims Holdings in Arista Networks, Inc. $ANET

EP Wealth Advisors LLC trimmed its stake in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 43.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,412 shares of the technology company's stock after selling 18,456 shares during the quarter. EP Wealth Advisors LLC's holdings in Arista Networks were worth $4,147,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Lighthouse Financial Services Inc. ADV bought a new stake in Arista Networks during the 4th quarter valued at $1,549,000. Bensler LLC purchased a new position in shares of Arista Networks in the fourth quarter valued at about $6,350,000. QRG Capital Management Inc. raised its stake in shares of Arista Networks by 6.4% during the fourth quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company's stock valued at $22,224,000 after acquiring an additional 10,217 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in shares of Arista Networks by 59.8% during the fourth quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company's stock valued at $2,309,000 after acquiring an additional 6,591 shares during the last quarter. Finally, Reaves W H & Co. Inc. purchased a new stake in shares of Arista Networks during the fourth quarter worth about $3,058,000. 82.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 111,848 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $192.75, for a total transaction of $21,558,702.00. Following the sale, the insider directly owned 109,833 shares of the company's stock, valued at approximately $21,170,310.75. This represents a 50.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $181.02, for a total transaction of $1,448,160.00. Following the completion of the transaction, the director owned 184,333 shares in the company, valued at approximately $33,367,959.66. This represents a 4.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 4,128,775 shares of company stock valued at $767,332,289. 2.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Jefferies Financial Group set a $250.00 price objective on Arista Networks in a report on Wednesday, August 5th. The Goldman Sachs Group reissued a "buy" rating and set a $225.00 target price on shares of Arista Networks in a research note on Wednesday, August 5th. Evercore restated an "outperform" rating on shares of Arista Networks in a report on Wednesday, August 5th. UBS Group reaffirmed a "buy" rating and issued a $259.00 price target (up from $187.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a "buy" rating in a report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $226.05.

Arista Networks Stock Up 2.9%

ANET opened at $189.15 on Friday. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89. The stock has a market cap of $238.56 billion, a PE ratio of 59.67, a PEG ratio of 1.95 and a beta of 1.60. The business has a 50 day moving average of $177.57 and a 200-day moving average of $156.28.

Arista Networks (NYSE:ANET - Get Free Report) last issued its quarterly 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 company 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 firm's revenue for the quarter was up 37.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities analysts anticipate that Arista Networks, Inc. will post 3.7 EPS for the current year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Arista’s leadership in high-speed networking for cloud and AI infrastructure is highlighted as a key advantage over Salesforce, reinforcing the company’s long-term growth profile. Arista Networks vs. Salesforce: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: ANET was included among high-return-on-equity, cash-rich stocks that may appeal to investors seeking quality during volatile markets. Arista’s reported return on equity was approximately 31%. 5 High ROE Stocks to Buy as Markets Sway on Intense Volatility
• Positive Sentiment: Arista has nearly tripled multiyear purchase commitments to roughly $9.7 billion, suggesting management is securing components in anticipation of sustained AI and cloud demand. The spending also signals confidence in a sizable future order pipeline, though it raises execution and inventory risks. Can ANET Stock Compound Its Way Higher?
• Positive Sentiment: Arista’s second-quarter performance was presented as strong enough to support a higher price target. The company recently beat consensus earnings and revenue estimates and issued third-quarter EPS guidance of $1.06 to $1.08. Arista Networks: Q2 2026 Justifies A Higher Price Target
• Neutral Sentiment: Compared with CoreWeave, Arista generates substantially more revenue and has delivered steadier quarter-over-quarter growth, while CoreWeave is expanding faster. The comparison supports Arista’s scale but highlights increasing competition in AI infrastructure. Arista Networks vs. CoreWeave: What Revenue Trends Tell Investors About These Artificial Intelligence Companies
• Negative Sentiment: At an elevated valuation, investors are paying for continued rapid growth. Arista’s future margins could depend heavily on the mix and profitability of customers behind its large capacity commitments. What You Are Really Paying For In Arista Networks Stock

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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