Focus Partners Advisor Solutions LLC Sells 18,121 Shares of Arista Networks, Inc. $ANET

Key Points

• Focus Partners Advisor Solutions reduced its Arista Networks position by 48.1%, selling 18,121 shares and retaining 19,574 shares valued at approximately $3.33 million. Institutional investors collectively own 82.47% of the company.
• Analysts remain broadly bullish: Arista has an average “Buy” rating and a consensus price target of $226.05, with several firms recently raising targets to $250–$255.
• Arista exceeded quarterly expectations, reporting $1.02 in EPS and $3.04 billion in revenue, up 37.7% year over year. However, insiders have sold heavily recently, including CEO Jayshree Ullal’s $119.4 million sale under a pre-arranged trading plan.

Focus Partners Advisor Solutions LLC cut its holdings in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 48.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,574 shares of the technology company's stock after selling 18,121 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Arista Networks were worth $3,325,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ANET. Kelleher Financial Advisors acquired a new position in shares of Arista Networks in the second quarter valued at $31,000. Sankala Group LLC bought a new position in shares of Arista Networks in the fourth quarter valued at about $27,000. Prosperity Bancshares Inc acquired a new stake in shares of Arista Networks during the 4th quarter worth about $28,000. Main Street Group LTD acquired a new stake in shares of Arista Networks during the 1st quarter worth about $26,000. Finally, Quarry LP bought a new stake in shares of Arista Networks during the 3rd quarter worth about $33,000. Institutional investors own 82.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research note on Wednesday, August 5th. Wells Fargo & Company restated an "overweight" rating and set a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. TD Cowen boosted their price objective on Arista Networks from $210.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Citigroup reaffirmed a "buy" rating on shares of Arista Networks in a research report on Thursday, August 6th. Finally, Zacks Research upgraded Arista Networks from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $226.05.

Arista Networks Stock Performance

NYSE:ANET opened at $202.05 on Tuesday. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89. The firm's 50-day simple moving average is $175.00 and its 200 day simple moving average is $155.18. The firm has a market cap of $254.83 billion, a price-to-earnings ratio of 63.74, a P/E/G ratio of 2.06 and a beta of 1.60.

Arista Networks (NYSE:ANET - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. The business's revenue for the quarter 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. Sell-side analysts anticipate that Arista Networks, Inc. will post 3.7 EPS for the current year.

Insider Buying and Selling at Arista Networks

In related news, CEO Jayshree Ullal sold 573,509 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $208.13, for a total transaction of $119,364,428.17. Following the sale, the chief executive officer owned 25,000 shares of the company's stock, valued at $5,203,250. This represents a 95.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 111,848 shares of the firm'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 owned 109,833 shares in the company, valued at approximately $21,170,310.75. This trade represents a 50.45% 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 have sold a total of 4,335,168 shares of company stock valued at $798,637,629 in the last three months. Corporate insiders own 2.70% of the company's stock.

Arista Networks 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.

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