Gladstone Institutional Advisory LLC Sells 18,579 Shares of Arista Networks, Inc. $ANET

Posted by Trevor Kearing on Jan 7th, 2026

Gladstone Institutional Advisory LLC cut its position in Arista Networks, Inc. (NYSE:ANET – Free Report) by 53.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,008 shares of the technology company’s stock after selling 18,579 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Arista Networks were worth $2,333,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ANET. Eads & Heald Wealth Management acquired a new position in Arista Networks during the 3rd quarter valued at about $815,000. Hennion & Walsh Asset Management Inc. grew its stake in Arista Networks by 42.9% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 53,963 shares of the technology company’s stock valued at $7,863,000 after purchasing an additional 16,194 shares during the period. Capital Management Associates Inc purchased a new stake in Arista Networks during the third quarter worth about $229,000. Chicago Capital LLC increased its stake in shares of Arista Networks by 4.7% during the 3rd quarter. Chicago Capital LLC now owns 27,616 shares of the technology company’s stock worth $4,024,000 after purchasing an additional 1,234 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in Arista Networks by 28.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 3,946,087 shares of the technology company’s stock worth $574,984,000 after buying an additional 878,023 shares during the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

Arista Networks Stock Down 3.3%

ANET opened at $132.63 on Wednesday. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94. The stock has a market cap of $167.02 billion, a PE ratio of 50.43, a PEG ratio of 2.31 and a beta of 1.41. The business has a 50 day moving average of $132.45 and a 200-day moving average of $131.50.

Arista Networks (NYSE:ANET – Get Free Report) last released its earnings results on Tuesday, November 4th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. Arista Networks had a net margin of 39.73% and a return on equity of 30.28%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the firm earned $2.40 EPS. The company’s revenue was up 27.5% compared to the same quarter last year. Equities analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ANET. UBS Group reissued a “buy” rating and issued a $155.00 price target on shares of Arista Networks in a research report on Wednesday, December 3rd. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $140.00 price target on shares of Arista Networks in a report on Monday, November 24th. Zacks Research cut shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Piper Sandler upgraded Arista Networks from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $145.00 to $159.00 in a research report on Monday. Finally, JPMorgan Chase & Co. boosted their price target on shares of Arista Networks from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $164.44.

Get Our Latest Report on ANET

Key Headlines Impacting Arista Networks

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

Positive Sentiment: Piper Sandler upgraded ANET to Overweight and raised its price target (cited belief that Arista is holding share in a 2026 enterprise refresh cycle), a near-term catalyst for buying interest and higher analyst conviction. Piper Sandler upgrades Arista Networks (ANET)
Positive Sentiment: Coverage and analyst revisions highlight ANET as a beneficiary of AI-driven data-center upgrades and networking demand, supporting revenue/earnings estimate upgrades and investor conviction. Arista Networks: Networking Demand Keeps Surprising to the Upside
Neutral Sentiment: A longer-form valuation/market piece reviews Arista’s positioning in AI infrastructure and the multiple expansion narrative — useful context for investors but not an immediate price catalyst on its own. Assessing Arista Networks (ANET) Valuation As AI Infrastructure Wins And Analyst Upgrades Support Growth
Neutral Sentiment: Analyst commentary (Zacks) notes Arista’s accelerating AI-focused product roadmap and software-led strategy, but flags margin pressure and customer-concentration risks — balanced factors that could limit near-term upside if execution or pricing softens. Can ANET’s AI-Focused Portfolio Help Stoke Growth for the Stock?
Negative Sentiment: Insider selling: Director Charles H. Giancarlo sold 8,000 shares (~31% reduction in his holdings) at ~\$133.79, a bearish signal to some investors even though insider sales can be for personal reasons. Insider sale by Charles H. Giancarlo

Insider Activity

In related news, CEO Jayshree Ullal sold 24,042 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $124.55, for a total transaction of $2,994,431.10. Following the completion of the sale, the chief executive officer owned 9,917 shares in the company, valued at approximately $1,235,162.35. This represents a 70.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $133.79, for a total value of $1,070,320.00. Following the completion of the transaction, the director directly owned 17,784 shares in the company, valued at $2,379,321.36. The trade was a 31.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 216,464 shares of company stock valued at $28,488,988 in the last ninety days. 3.54% of the stock is currently owned by company insiders.

Arista Networks Company Profile

(Free Report)

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.