AXQ Capital LP Has $1.89 Million Stake in Arista Networks, Inc. $ANET

AXQ Capital LP grew its holdings in Arista Networks, Inc. (NYSE:ANET) by 255.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,947 shares of the technology company’s stock after purchasing an additional 9,305 shares during the quarter. Arista Networks comprises about 0.7% of AXQ Capital LP’s portfolio, making the stock its 2nd biggest position. AXQ Capital LP’s holdings in Arista Networks were worth $1,887,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ANET. Global Trust Asset Management LLC raised its holdings in shares of Arista Networks by 33.0% in the third quarter. Global Trust Asset Management LLC now owns 19,273 shares of the technology company’s stock valued at $2,808,000 after purchasing an additional 4,780 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Arista Networks in the 3rd quarter worth about $8,263,000. National Wealth Management Group LLC purchased a new stake in Arista Networks in the 3rd quarter valued at about $1,296,000. Vanguard Group Inc. lifted its position in shares of Arista Networks by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,993,100 shares of the technology company’s stock worth $10,127,984,000 after buying an additional 1,136,167 shares in the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Arista Networks during the 2nd quarter worth approximately $247,451,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Buying and Selling at Arista Networks

In other news, Director Charles H. Giancarlo sold 8,000 shares of Arista Networks stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $140.43, for a total transaction of $1,123,440.00. Following the completion of the sale, the director owned 9,784 shares in the company, valued at approximately $1,373,967.12. This trade represents a 44.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kenneth Duda sold 26,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $142.35, for a total transaction of $3,701,100.00. Following the completion of the transaction, the insider owned 512,400 shares in the company, valued at approximately $72,940,140. This trade represents a 4.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 194,000 shares of company stock valued at $25,566,700 in the last three months. 3.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ANET has been the subject of a number of research analyst reports. Evercore reaffirmed an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a research report on Friday, February 13th. Rosenblatt Securities raised their target price on Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. The Goldman Sachs Group reissued a “buy” rating and issued a $188.00 price target (up from $165.00) on shares of Arista Networks in a report on Friday, February 13th. KeyCorp restated an “overweight” rating and set a $178.00 price target (up previously from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $175.00 target price (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $175.44.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Company raised its 2026 revenue-growth outlook, citing accelerating demand for AI-focused Ethernet switching and share gains in high‑speed data‑center networking — a catalyst for higher future revenue and margins. Arista Ups 2026 Outlook
• Positive Sentiment: Goldman Sachs raised its price target to $188 (from $165) and kept a Buy rating, highlighting Arista as an AI-growth beneficiary — this adds institutional endorsement and can support upside. Goldman Sachs Raises PT
• Positive Sentiment: Multiple outlets and analyst roundups (Zacks, MSN, The Motley Fool, Kalkine) profile Arista as a top long‑term growth / AI infrastructure pick — reinforcing investor narrative that Arista benefits structurally from AI datacenter buildouts. Why Arista is a Top Growth Stock
• Neutral Sentiment: Coverage notes inclusion in analyst “top AI stocks” lists and broader market narratives around Ethernet for AI (Russell 1000 alignment), which supports thematic interest but is not an immediate earnings driver. Growth Aligns With Ethernet AI
• Neutral Sentiment: Erste Group published FY2027 earnings forecasts for Arista — useful for modeling but less likely to move the stock immediately compared with the outlook/upgrade and insider activity. Erste Group Forecasts FY2027
• Negative Sentiment: Recent insider selling was reported and was linked to a share‑price pullback; that kind of activity can increase short‑term downward pressure and trigger profit-taking after a strong run. Insider Selling Reported

Arista Networks Stock Down 4.1%

Shares of NYSE ANET opened at $127.31 on Tuesday. The company has a market cap of $159.97 billion, a P/E ratio of 46.13, a P/E/G ratio of 2.37 and a beta of 1.42. Arista Networks, Inc. has a 52 week low of $59.43 and a 52 week high of $164.94. The business has a 50-day simple moving average of $133.93 and a two-hundred day simple moving average of $137.55.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.75 by $0.07. The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. Arista Networks’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.66 earnings per share. Equities research analysts anticipate that Arista Networks, Inc. will post 2.2 EPS for the current 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.