Keel Point LLC Sells 3,885 Shares of Arista Networks, Inc. $ANET

Keel Point LLC lowered its stake in Arista Networks, Inc. (NYSE:ANET) by 20.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,850 shares of the technology company’s stock after selling 3,885 shares during the quarter. Keel Point LLC’s holdings in Arista Networks were worth $1,823,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ANET. Intrua Financial LLC increased its position in Arista Networks by 2.7% during the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after purchasing an additional 61 shares in the last quarter. NBT Bank N A NY lifted its stake in Arista Networks by 37.2% in the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock valued at $30,000 after purchasing an additional 67 shares during the last quarter. Hoxton Planning & Management LLC boosted its position in Arista Networks by 4.1% in the first quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after buying an additional 68 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Arista Networks by 0.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after buying an additional 70 shares during the last quarter. Finally, Y.D. More Investments Ltd grew its stake in shares of Arista Networks by 8.7% during the first quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock worth $107,000 after buying an additional 70 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. JPMorgan Chase & Co. upped their target price on Arista Networks from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. TD Cowen reiterated a “buy” rating and issued a $210.00 target price (up from $200.00) on shares of Arista Networks in a research report on Monday, July 13th. Truist Financial set a $175.00 price target on Arista Networks in a research note on Wednesday, May 6th. Finally, Zacks Research cut Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Two research 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 company. Based on data from MarketBeat.com, Arista Networks presently has a consensus rating of “Buy” and a consensus target price of $189.74.

More Arista Networks News

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

• Positive Sentiment: AI demand and earnings expectations are lifting sentiment. Arista’s large AI-related sales, infrastructure positioning and upcoming earnings report are being cited as key reasons for investor enthusiasm. The company’s long-term share appreciation also reflects sustained institutional interest. Arista Networks’ Huge AI Sales, Upcoming Earnings Lift Shares
• Positive Sentiment: Analysts raised fiscal 2026 EPS estimates. The upward revision provides an additional bullish signal ahead of the company’s results and suggests expectations for continued earnings growth. FY2026 EPS Estimates for Arista Networks Lifted by Analyst
• Positive Sentiment: Arista is viewed as a higher-quality AI infrastructure investment. A comparison with BigBear.ai highlights Arista’s profitability, established networking business and ability to benefit from data-center and AI spending. Arista Networks vs. BigBear.ai: Which Tech Stock Is a Better Buy in 2026?
• Positive Sentiment: Fresh AI momentum supports the broader growth narrative. Recent coverage points to continued demand for Arista’s networking products as AI data centers expand, reinforcing the company’s strong revenue and profit outlook. Arista Networks Gains Fresh AI Momentum
• Negative Sentiment: Insider selling remains a short-term concern. A report linked a recent decline of roughly 7% to insider selling, which may pressure sentiment even as the fundamental AI growth story remains intact. Arista Networks Stock Price Down 7% on Insider Selling

Insider Transactions at Arista Networks

In related news, insider Kenneth Duda sold 26,000 shares of the business’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $170.51, for a total value of $4,433,260.00. Following the completion of the sale, the insider directly owned 462,400 shares of the company’s stock, valued at $78,843,824. The trade was a 5.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $167.06, for a total value of $1,336,480.00. Following the completion of the transaction, the director owned 192,333 shares in the company, valued at approximately $32,131,150.98. The trade was a 3.99% 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. Over the last quarter, insiders sold 2,300,316 shares of company stock valued at $382,160,575. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks Stock Up 5.6%

Arista Networks stock opened at $180.66 on Friday. The company has a market capitalization of $227.49 billion, a PE ratio of 61.87, a PEG ratio of 2.77 and a beta of 1.60. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $189.82. The firm’s fifty day moving average is $167.39 and its 200 day moving average is $150.11.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the firm posted $0.65 earnings per share. The business’s revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts expect that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

About Arista Networks

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.