5,324 Shares in Arista Networks, Inc. $ANET Acquired by Shulman DeMeo Asset Management LLC

Shulman DeMeo Asset Management LLC purchased a new stake in shares of Arista Networks, Inc. (NYSE:ANET) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,324 shares of the technology company’s stock, valued at approximately $1,084,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ANET. Cura Wealth Advisors LLC increased its holdings in shares of Arista Networks by 3.1% in the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock valued at $297,000 after purchasing an additional 52 shares during the period. Madison Wealth Partners Inc lifted its stake in Arista Networks by 2.8% during the 2nd quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock valued at $370,000 after acquiring an additional 60 shares during the period. Intrua Financial LLC boosted its holdings in shares of Arista Networks by 2.7% in the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after acquiring an additional 61 shares during the last quarter. Shepherd Financial Partners LLC increased its stake in shares of Arista Networks by 1.2% in the second quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock worth $918,000 after acquiring an additional 66 shares during the period. Finally, NBT Bank N A NY increased its stake in shares of Arista Networks by 37.2% in the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after acquiring an additional 67 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

Analyst Upgrades and Downgrades

ANET has been the subject of a number of research reports. Morgan Stanley restated an “overweight” rating and set a $220.00 target price (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday. Wells Fargo & Company reissued an “overweight” rating and issued a $255.00 price objective (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Weiss Ratings downgraded Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Finally, Barclays reaffirmed an “overweight” rating and set a $289.00 target price (up from $195.00) on shares of Arista Networks in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $235.45.

Insider Transactions at Arista Networks

In other Arista Networks news, insider Kenneth Duda sold 26,000 shares of the company’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $170.51, for a total transaction of $4,433,260.00. Following the completion of the transaction, the insider directly owned 462,400 shares in the company, valued at approximately $78,843,824. This represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $203.30, for a total transaction of $60,990,000.00. Following the transaction, the insider directly owned 181,143,048 shares in the company, valued at approximately $36,826,381,658.40. The trade was a 0.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,371,914 shares of company stock valued at $685,305,594 in the last three months. 2.70% of the stock is currently owned by company insiders.

Key Arista Networks News

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

• Positive Sentiment: The rack-scale launch could broaden Arista’s addressable market as hyperscalers seek flexible, interoperable Ethernet alternatives for AI clusters. Can Arista’s New Rack-Scale Ethernet Solutions for AI Stoke Growth?
• Positive Sentiment: Investor commentary continues to identify ANET as a potential beneficiary of the AI infrastructure boom, with growing Ethernet demand from large cloud customers supporting the bullish outlook. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
• Positive Sentiment: Arista’s strong fundamentals reinforce the growth narrative: recent revenue rose 37.7% year over year to $3.04 billion, while quarterly EPS of $1.02 exceeded the $0.89 consensus estimate. Management has raised its 2026 sales outlook three times, citing AI customers.
• Neutral Sentiment: Options-market commentary describes the stock as being in a bullish trend and highlights spread trades for investors seeking shorter-term exposure, but this reflects trading sentiment rather than a change in Arista’s fundamentals. Arista Networks Stock In A Bull Trend Offers Spread Trade With A Fast Return
• Negative Sentiment: Valuation remains a key risk. Arista trades at roughly 66 times earnings versus about 21 times for the S&P 500, leaving the stock vulnerable if AI-related growth slows, customer concentration weighs on results or margins come under pressure. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
• Negative Sentiment: CEO Jayshree Ullal sold 460,374 shares worth approximately $97.6 million, while CFO Chantelle Breithaupt sold 1,224 shares. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals but still adding selling pressure.

Arista Networks Trading Up 2.7%

ANET traded up $5.67 on Friday, reaching $216.63. The stock had a trading volume of 4,328,734 shares, compared to its average volume of 7,901,684. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41. The business’s 50-day moving average price is $198.12 and its two-hundred day moving average price is $172.05. The company has a market cap of $273.23 billion, a P/E ratio of 68.34, a price-to-earnings-growth ratio of 2.54 and a beta of 1.60.

Arista Networks (NYSE:ANET) last posted its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the prior year, the company posted $0.73 EPS. The company’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. As a group, analysts predict that Arista Networks, Inc. will post 3.74 earnings per share for the current year.

About Arista Networks

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.