4,858 Arista Networks, Inc. $ANET Shares Sold by WD Rutherford LLC

WD Rutherford LLC lowered its holdings in Arista Networks, Inc. (NYSE:ANET) by 10.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,234 shares of the technology company’s stock after selling 4,858 shares during the period. Arista Networks accounts for 3.3% of WD Rutherford LLC’s investment portfolio, making the stock its 5th biggest position. WD Rutherford LLC’s holdings in Arista Networks were worth $8,802,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ANET. Davidson Trust Co. purchased a new position in Arista Networks during the third quarter worth approximately $3,512,000. Deutsche Bank AG boosted its holdings in shares of Arista Networks by 4.3% in 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. boosted its holdings in shares of Arista Networks by 2,827.9% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 52,381 shares of the technology company’s stock valued at $10,664,000 after purchasing an additional 50,592 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services purchased a new stake in shares of Arista Networks during the 1st quarter valued at $5,279,000. Finally, Whitaker Myers Wealth Managers LTD. grew its stake in shares of Arista Networks by 564.1% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 16,847 shares of the technology company’s stock valued at $2,862,000 after buying an additional 14,310 shares during the period. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ANET. Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a report on Monday, August 31st. They set a “buy” rating and a $220.00 price objective for the company. Citigroup reiterated a “buy” rating and issued a $248.00 target price (up from $215.00) on shares of Arista Networks in a report on Thursday, October 8th. Needham & Company LLC reissued a “buy” rating and set a $260.00 price target (up from $200.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Piper Sandler reissued an “overweight” rating and set a $240.00 price target (up from $181.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Finally, TD Cowen dropped their price target on Arista Networks from $250.00 to $205.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $233.20.

Insider Transactions at Arista Networks

In other news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the sale, the insider owned 181,143,048 shares in the company, valued at approximately $36,826,381,658.40. This trade represents a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, CEO Jayshree Ullal sold 767,029 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38. Following the sale, the chief executive officer owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. The trade was a 4.47% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 3,627,449 shares of company stock worth $741,235,386. 2.70% of the stock is currently owned by insiders.

Arista Networks News Roundup

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

• Positive Sentiment: AI networking momentum is driving investor optimism. Arista reportedly delivered a record quarter, including its first quarter with more than $3 billion in revenue, as demand accelerated for Ethernet-based networking equipment used in AI data centers. Management also raised its 2026 revenue outlook. Arista Networks (ANET) Is Winning AI Data Center Network Share
• Positive Sentiment: Arista is taking share from Nvidia’s InfiniBand platform. Analysts and market commentators say Arista’s open Ethernet fabrics, built with Broadcom silicon, are increasingly being selected for AI infrastructure projects that might previously have used Nvidia’s proprietary InfiniBand technology. This expands Arista’s addressable market and supports its long-term growth case. The Ethernet Tollbooth: Arista Rides Broadcom Silicon to Break Nvidia’s InfiniBand Monopoly
• Positive Sentiment: Strong prior results provide a favorable earnings setup. Arista’s latest reported quarter exceeded consensus expectations, with revenue of $3.04 billion, up 37.7% year over year, and earnings per share of $1.02 versus the $0.89 estimate. Investors are now looking for continued strength at the November earnings event. Arista Networks Stocks Gain 5.61% Ahead of November Earnings Test
• Neutral Sentiment: Insider selling is a cautionary signal, but not yet a fundamental change. Arista insiders have sold shares alongside insiders at other AI-related companies. However, the report notes that analyst support, institutional interest and operating fundamentals remain broadly favorable. Insiders Are Selling These 5 AI Stocks—Should You Worry?
• Negative Sentiment: Funding concerns and valuation create downside risks. Elon Musk’s warning that debt-market funding for AI data centers may be drying up raises questions about future customer spending. In addition, Arista’s premium valuation leaves the stock vulnerable if November results or guidance fail to meet elevated expectations. Is Money for AI Data Centers Drying Up?

Arista Networks Stock Performance

NYSE ANET opened at $187.28 on Wednesday. Arista Networks, Inc. has a one year low of $114.52 and a one year high of $217.41. The company’s 50 day moving average price is $195.64 and its 200 day moving average price is $163.86.

Arista Networks (NYSE:ANET) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates 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. During the same period last year, the company posted $0.73 earnings per share. The firm’s revenue for the quarter was up 37.7% on a year-over-year basis. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Equities analysts anticipate that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

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.