International Assets Investment Management LLC Purchases 80,953 Shares of Arista Networks, Inc. $ANET

Key Points

• International Assets Investment Management increased its Arista Networks stake by 425%, purchasing 80,953 additional shares to hold 100,000 shares valued at approximately $20.4 million. Institutional investors collectively own 82.47% of ANET.
• Arista recently reported strong results, with revenue rising 37.7% year over year to $3.04 billion and EPS of $1.02, beating estimates. The company benefits from demand for AI and hyperscale data-center networking.
• Shares opened at $168.63, down sharply from their 12-month high of $217.41, as valuation and earnings-related concerns weigh on investors. Despite the pullback, analysts maintain a consensus “Buy” rating with an average price target of $233.20.

International Assets Investment Management LLC grew its position in shares of Arista Networks, Inc. (NYSE:ANET - Free Report) by 425.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the technology company's stock after buying an additional 80,953 shares during the period. International Assets Investment Management LLC's holdings in Arista Networks were worth $20,359,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Davidson Trust Co. purchased a new stake in shares of Arista Networks in the 3rd quarter valued at about $3,512,000. Deutsche Bank AG grew its holdings in shares of Arista Networks by 4.3% during the 2nd quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company's stock valued at $1,589,651,000 after purchasing an additional 388,354 shares during the last quarter. Ferguson Wellman Capital Management Inc. grew its stake in shares of Arista Networks by 2,827.9% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 52,381 shares of the technology company's stock valued at $10,664,000 after buying an additional 50,592 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services bought a new position in shares of Arista Networks during the first quarter valued at about $5,279,000. Finally, Whitaker Myers Wealth Managers LTD. increased 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 during the period. Hedge funds and other institutional investors own 82.47% of the company's stock.

Arista Networks News Summary

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

• Positive Sentiment: Arista’s leadership in high-speed networking for hyperscale cloud and artificial-intelligence data centers remains a key investment argument. A comparison with Figma highlights Arista’s established infrastructure position, while Figma is still expanding its collaborative design platform and generative-AI tools. Arista Networks vs. Figma: Which Technology Stock Is a Better Buy in 2026?
• Positive Sentiment: Analysts and market commentary continue to point to accelerating AI infrastructure investment as a long-term growth driver. One valuation analysis suggests ANET could be roughly 23% undervalued if its AI-related outlook and product expansion are realized. Arista Networks Could Be 23% Undervalued Following Its AI Infrastructure Outlook
• Positive Sentiment: Arista was included among high-return-on-equity stocks positioned to benefit from the AI-driven market rally, reinforcing its reputation for strong profitability and capital efficiency. 5 Stocks With High ROE to Bet on as AI-Infused Rally Spurs Markets
• Neutral Sentiment: The global AI data-center market is forecast to expand substantially through 2036, offering a favorable industry backdrop for Arista, although the report covers many competing equipment and infrastructure suppliers. Global AI Data Center Market Size, Share, Trends, and Forecast
• Negative Sentiment: Investors appear cautious ahead of earnings: shares have pulled back nearly 10% over the past month and roughly 20% from their high as profit-taking and valuation concerns increase the risk of disappointment. Arista trades at a premium multiple, leaving limited room for weaker guidance or supply-chain issues. Down 20% From Highs, Is Arista Networks a Genius Buy or a Trap Before Earnings?
• Negative Sentiment: Recent trading coverage noted ANET underperformed the broader market, while attention on a Prometheus networking deployment adds another near-term execution and product-adoption uncertainty. Arista Networks Stocks Move Lower With Prometheus Networking Deployment in Focus

Arista Networks Trading Down 8.5%

Shares of Arista Networks stock opened at $168.63 on Friday. The company's fifty day simple moving average is $195.18 and its two-hundred day simple moving average is $164.70. The company has a market cap of $212.68 billion, a P/E ratio of 53.20, a PEG ratio of 2.14 and a beta of 1.60. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41.

Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The company had revenue of $3.04 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter in the previous year, the company earned $0.73 earnings per share. Arista Networks's quarterly revenue was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Analysts predict that Arista Networks, Inc. will post 3.79 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ANET shares. BNP Paribas Exane raised Arista Networks to a "strong-buy" rating in a research note on Wednesday, October 14th. Sanford C. Bernstein started coverage on Arista Networks in a research note on Wednesday, September 30th. They issued an "outperform" rating and a $250.00 price target on the stock. Truist Financial boosted their price objective on Arista Networks from $175.00 to $234.00 and gave the company a "buy" rating in a research report 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 research note on Wednesday, August 5th. Finally, Piper Sandler restated an "overweight" rating and issued a $240.00 target price (up from $181.00) on shares of Arista Networks in a 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 given a Hold rating to the company's stock. According to data from MarketBeat, Arista Networks has a consensus rating of "Buy" and an average target price of $233.20.

Insider Transactions at Arista Networks

In other news, CEO Jayshree Ullal sold 130,553 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 4,774,691 shares of the company's stock, valued at approximately $1,036,585,416.10. This represents a 2.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Breithaupt sold 1,224 shares of the firm's stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $215.00, for a total value of $263,160.00. Following the completion of the transaction, the chief financial officer owned 68,697 shares of the company's stock, valued at approximately $14,769,855. The trade was a 1.75% 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 90 days, insiders sold 3,627,449 shares of company stock valued at $741,235,386. Insiders own 2.70% of the company's stock.

About Arista Networks

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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