ANETNYSEComputer Communications EquipmentFiscal year ends December 31
Arista Networks, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$182.95+5.97 (+3.37%)
Close on Oct 19, 2026
- Market cap
- $233.44B
- P/E (TTM)
- 57.7
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
71.4%
900M of 1.26B shares
Institutional holders
2,240
372 new, 121 sold out
Net institutional buying
29M
In Q2 2026
Insider trades, 12 months
0 buys · 556 sales
Net sold $1.35B
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 78,571,406 | 6.25% | 13G (passive) | Mar 31, 2026 |
| Bechtolsheim Family Trust | 45,940,474 | – | 13G (passive) amendment | Dec 31, 2023 |
| BlackRock, Inc. | 18,421,152 | 5.90% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ANET | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 91,383,843 | 7.25% | $15.52B | −523,799 | 0.23% |
| Vanguard Capital Management LLC | 68,688,349 | 5.45% | $11.67B | +418,143 | 0.25% |
| State Street Corp | 48,165,803 | 3.82% | $8.18B | +1,403,812 | 0.24% |
| FMR LLC | 47,349,865 | 3.75% | $8.04B | −4,956,761 | 0.35% |
| Geode Capital Management, LLC | 27,505,753 | 2.18% | $4.66B | +276,473 | 0.25% |
| Vanguard Portfolio Management LLC | 25,808,745 | 2.05% | $4.38B | −30,929 | 0.20% |
| Price T Rowe Associates Inc /Md/ | 23,227,202 | 1.84% | $3.95M | −6,094,771 | 0.39% |
| Morgan Stanley | 19,696,435 | 1.56% | $3.35B | +1,191,258 | 0.18% |
| Cresset Asset Management, LLC | 19,368,054 | 1.54% | $3.29B | −1,324,657 | 11.90% |
| Capital Research Global Investors | 13,164,137 | 1.04% | $2.24B | −1,595,030 | 0.31% |
| Ameriprise Financial Inc | 12,800,606 | 1.01% | $2.17B | +2,771,999 | 0.44% |
| Norges Bank | 12,246,920 | 0.97% | $2.08B | New | 0.21% |
| JPMorgan Chase & Co | 11,715,728 | 0.93% | $1.92B | +1,194,429 | 0.11% |
| Nuveen, LLC | 10,735,597 | 0.85% | $1.82B | −1,861,869 | 0.44% |
| UBS Asset Management Americas Inc | 10,462,016 | 0.83% | $1.78B | −158,726 | 0.32% |
| Northern Trust Corp | 10,139,095 | 0.80% | $1.72B | −4,116 | 0.20% |
| Franklin Resources Inc | 9,928,605 | 0.79% | $1.69B | +1,874,686 | 0.37% |
| Massachusetts Financial Services Co /Ma/ | 9,725,196 | 0.77% | $1.71B | +2,497,275 | 0.54% |
| Goldman Sachs Group Inc | 9,640,843 | 0.76% | $1.64B | −491,198 | 0.14% |
| Schroder Investment Management Group | 9,622,283 | 0.76% | $1.63B | −134,870 | 1.16% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,240 | 900M | 71.4% | 372 / 953 | 730 / 121 | 89M | 60M |
| Q1 2026 | 2,023 | 877M | 69.6% | 229 / 865 | 734 / 155 | 174M | 61M |
| Q4 2025 | 1,977 | 867M | 68.8% | 307 / 808 | 687 / 161 | 81M | 73M |
| Q3 2025 | 1,874 | 862M | 68.4% | 340 / 672 | 681 / 99 | 102M | 87M |
| Q2 2025 | 1,651 | 848M | 67.2% | 254 / 673 | 570 / 148 | 99M | 97M |
| Q1 2025 | 1,563 | 847M | 67.1% | 281 / 673 | 487 / 206 | 107M | 75M |
| Q4 2024 | 1,514 | 835M | 66.2% | 1513 / 1 | 0 / 0 | 835M | 0M |
| Q3 2024 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q2 2024 | 1 | 0M | 0.0% | 0 / 0 | 1 / 0 | 0M | 0M |
| Q1 2024 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q4 2023 | 2 | 2M | 0.1% | 1 / 0 | 0 / 0 | 2M | 0M |
| Q3 2023 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ANET | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 33,978,531 | 2.69% | $5.77B | 0.25% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 26,756,038 | 2.12% | $4.55B | 0.27% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 14,202,770 | 1.13% | $2.41B | 0.27% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 13,214,381 | 1.05% | $2.11B | 0.25% | May 31, 2026 |
| Vanguard Growth Index Fund | 11,534,354 | 0.91% | $1.96B | 0.52% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 7,406,494 | 0.59% | $1.18B | 0.69% | May 31, 2026 |
| State Street(R) Technology Select Sector SPDR(R) ETF | 7,128,217 | 0.57% | $1.21B | 0.98% | Jun 30, 2026 |
| Fidelity Contrafund | 6,528,457 | 0.52% | $1.11B | 0.62% | Jun 30, 2026 |
| Growth Fund of America | 5,650,367 | 0.45% | $901.06M | 0.25% | May 31, 2026 |
| Vanguard Institutional Index Fund | 5,605,507 | 0.44% | $952.26M | 0.27% | Jun 30, 2026 |
| College Retirement Equities Fund - Growth Account | 5,226,450 | 0.41% | $887.87M | 2.05% | Jun 30, 2026 |
| iShares Russell 1000 Growth ETF | 3,988,398 | 0.32% | $677.55M | 0.53% | Jun 30, 2026 |
| Investment Co of America | 3,716,443 | 0.29% | $631.35M | 0.34% | Jun 30, 2026 |
| Fidelity SAI U.S. Quality Index Fund | 3,577,328 | 0.28% | $645.17M | 1.81% | Jul 31, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 3,570,733 | 0.28% | $569.42M | 0.23% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jayshree Ullal | CEO and Chairperson, Director | 25,757,715 | 2.04% | Sep 29, 2026 |
| Kenneth Duda | President and CTO, Director | 3,842,531 | 0.30% | Sep 23, 2026 |
| Chantelle Yvette Breithaupt | Senior Vice President, CFO | 69,921 | 0.01% | Sep 3, 2026 |
| Todd Nightingale | President and COO | 69,463 | 0.01% | Aug 24, 2026 |
| Marc Taxay | SVP and General Counsel | 0 | – | Mar 5, 2025 |
| John F. McCool | Chief Platform Officer | 6,900 | 0.00% | Feb 28, 2025 |
| Mark B. Templeton | Director | 131,610 | 0.01% | Sep 10, 2026 |
| Kelly Bodnar Battles | Director | 10,194 | 0.00% | Aug 25, 2026 |
| Daniel Scheinman | Director | 158,730 | 0.01% | Aug 24, 2026 |
| Lewis Chew | Director | 31,770 | 0.00% | Aug 24, 2026 |
| Yvonne Wassenaar | Director | 10,322 | 0.00% | Aug 24, 2026 |
| Charles H. Giancarlo | Director | 185,842 | 0.01% | Aug 24, 2026 |
| Robert G. Lavender | Director | 4,607 | 0.00% | Aug 24, 2026 |
| Andreas Bechtolsheim | 10% owner | 180,554,974 | 14.32% | Sep 21, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jayshree Ullal CEO and Chairperson, Director | Sep 25, 2026 | Sale(10b5-1 plan) | −44,726 | $211.40 | $9.46M | 15,943,854 |
| Jayshree Ullal CEO and Chairperson, Director | Sep 25, 2026 | Sale(10b5-1 plan) | −8,948 | $211.40 | $1.89M | 4,876,972 |
| Jayshree Ullal CEO and Chairperson, Director | Sep 25, 2026 | Sale(10b5-1 plan) | −8,948 | $211.40 | $1.89M | 4,876,972 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −7,420 | $202.66 | $1.50M | 21,409 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −2,700 | $203.49 | $549.42K | 18,709 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −3,533 | $204.78 | $723.49K | 15,176 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −2,200 | $205.50 | $452.10K | 12,976 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −1,366 | $201.70 | $275.52K | 1,185,552 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −6,849 | $202.66 | $1.39M | 1,178,703 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −2,492 | $203.49 | $507.10K | 1,176,211 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −3,262 | $204.78 | $667.99K | 1,172,949 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −2,031 | $205.50 | $417.37K | 1,170,918 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −854 | $201.70 | $172.25K | 451,546 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −4,281 | $202.66 | $867.59K | 447,265 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −1,480 | $201.70 | $298.52K | 28,829 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Option exercise | +17,333 | $14.15 | $245.26K | 30,309 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −2,038 | $204.78 | $417.34K | 443,669 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −1,269 | $205.50 | $260.78K | 442,400 |
| Kenneth Duda President and CTO, Director | Sep 21, 2026 | Sale(10b5-1 plan) | −1,558 | $203.49 | $317.04K | 445,707 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −25,096 | $203.56 | $5.11M | 180,554,974 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −7,168 | $193.61 | $1.39M | 180,835,880 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −29,271 | $194.52 | $5.69M | 180,806,609 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −32,836 | $195.47 | $6.42M | 180,773,773 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −20,418 | $196.29 | $4.01M | 180,753,355 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −17,947 | $197.51 | $3.54M | 180,735,408 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −26,435 | $198.33 | $5.24M | 180,708,973 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −38,920 | $199.58 | $7.77M | 180,670,053 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −58,043 | $200.38 | $11.63M | 180,612,010 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −16,239 | $201.34 | $3.27M | 180,595,771 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −15,701 | $202.40 | $3.18M | 180,580,070 |
| Andreas Bechtolsheim 10% owner | Sep 17, 2026 | Sale(10b5-1 plan) | −11,926 | $204.31 | $2.44M | 180,543,048 |
| Kenneth Duda President and CTO, Director | Sep 10, 2026 | Other | +57,232 | – | – | 81,927 |
| Kenneth Duda President and CTO, Director | Sep 10, 2026 | Other | −28,616 | – | – | 692,104 |
| Kenneth Duda President and CTO, Director | Sep 10, 2026 | Other | −28,616 | – | – | 690,621 |
| Kenneth Duda President and CTO, Director | Sep 8, 2026 | Other | +100,000 | – | – | 719,237 |
| Kenneth Duda President and CTO, Director | Sep 8, 2026 | Other | +100,000 | – | – | 720,720 |
| Kenneth Duda President and CTO, Director | Sep 8, 2026 | Other | −200,000 | – | – | 24,695 |
| Mark B. Templeton Director | Sep 8, 2026 | Sale(10b5-1 plan) | −700 | $196.20 | $137.34K | 56,410 |
| Mark B. Templeton Director | Sep 8, 2026 | Sale(10b5-1 plan) | −300 | $199.32 | $59.80K | 53,410 |
| Mark B. Templeton Director | Sep 8, 2026 | Sale(10b5-1 plan) | −1,700 | $198.44 | $337.35K | 53,710 |
| Mark B. Templeton Director | Sep 8, 2026 | Sale(10b5-1 plan) | −1,000 | $197.46 | $197.46K | 55,410 |
| Mark B. Templeton Director | Sep 8, 2026 | Sale(10b5-1 plan) | −1,300 | $195.27 | $253.85K | 57,110 |
| Chantelle Yvette Breithaupt Senior Vice President, CFO | Sep 1, 2026 | Sale(10b5-1 plan) | −612 | $195.77 | $119.81K | 69,921 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | −51,160 | – | – | 705,112 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | +85,875 | – | – | 1,101,043 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | +85,875 | – | – | 1,186,918 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | +102,320 | – | – | 224,695 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | −42,937 | – | – | 619,237 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | −42,938 | – | – | 662,174 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | −42,938 | – | – | 620,720 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | −42,937 | – | – | 663,658 |
| Kenneth Duda President and CTO, Director | Aug 28, 2026 | Other | −51,160 | – | – | 706,595 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −20,852 | $203.69 | $4.25M | 180,913,204 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −64,510 | $204.82 | $13.21M | 180,848,694 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −15,053 | $199.91 | $3.01M | 181,127,995 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −50,091 | $200.81 | $10.06M | 181,077,904 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −73,794 | $202.71 | $14.96M | 180,934,056 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −70,054 | $201.74 | $14.13M | 181,007,850 |
| Andreas Bechtolsheim 10% owner | Aug 27, 2026 | Sale(10b5-1 plan) | −5,646 | $205.45 | $1.16M | 180,843,048 |
| Jayshree Ullal CEO and Chairperson, Director | Aug 25, 2026 | Sale(10b5-1 plan) | −10,128 | $191.99 | $1.94M | 10,317 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Jayshree Ullal Officer, Director | Oct 9, 2026 | 130,553 | $28.34M | Oct 9, 2026 | Stock Option Exercise |
| Jayshree Ullal Officer, Director | Oct 8, 2026 | 27,990 | $203.72K | Oct 8, 2026 | Stock Option Exercise |
| Jayshree Ullal Officer, Director | Oct 7, 2026 | 96,992 | $21.06M | Oct 7, 2026 | Stock Option Exercise |
| Breithaupt Chantelle Officer | Oct 6, 2026 | 1,224 | $253.25K | Oct 6, 2026 | Restricted Stock Units |
| Jayshree Ullal Officer, Director | Oct 6, 2026 | 460,374 | $97.64M | Oct 6, 2026 | Stock Option Exercise |
| Jayshree Ullal Officer, Director | Sep 25, 2026 | 62,622 | $13.24M | Sep 25, 2026 | Stock Option Exercise |
| Bechtolsheim Andreas 10% Stockholder | Sep 17, 2026 | 300,000 | $59.86M | Sep 17, 2026 | Acquired from shareholder in private transaction |
| Templeton Mark Director | Sep 8, 2026 | 20,000 | $3.88M | Sep 8, 2026 | Restricted Stock Units |
| Breithaupt Chantelle Officer | Sep 1, 2026 | 612 | $119.76K | Sep 1, 2026 | Restricted Stock Units |
| Bechtolsheim Andreas 10% Stockholder | Aug 27, 2026 | 300,000 | $60.33M | Aug 27, 2026 | Acquired from shareholder in private transaction |
| Jayshree Ullal Officer, Director | Aug 25, 2026 | 13,809 | $2.65M | Aug 25, 2026 | PSU |
| Battles Kelly Director | Aug 21, 2026 | 422 | $61.80K | Aug 21, 2026 | Compensation |
| Jayshree Ullal Officer, Director | Aug 12, 2026 | 573,509 | $119.36M | Aug 5, 2026 | Stock Options exercise |
| Bechtolsheim Andreas 10% Stockholder | Aug 6, 2026 | 411,848 | $79.21M | Aug 6, 2026 | Acquired from shareholder in private transaction |
| Bechtolsheim Andreas 10% Stockholder | Aug 5, 2026 | 300,000 | $59.19M | Aug 5, 2026 | Acquired from shareholder in private transaction |