12,691 Arista Networks, Inc. $ANET Shares Acquired by Kintegral Advisory LLC

Key Points

• Kintegral Advisory LLC more than doubled its Arista Networks position in the third quarter, acquiring 12,691 additional shares for a total holding of 24,197 shares valued at approximately $4.9 million.
• Institutional ownership remains high at 82.47%, with major investors including State Street, Envestnet Asset Management and Massachusetts Financial Services increasing their positions.
• Arista reported stronger-than-expected quarterly results, with $1.02 in EPS and $3.04 billion in revenue, while analysts maintain a consensus “Buy” rating and a $235.45 price target. Shares recently traded at $176.84, down 4.7%.

Kintegral Advisory LLC lifted its position in Arista Networks, Inc. (NYSE:ANET - Free Report) by 110.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,197 shares of the technology company's stock after acquiring an additional 12,691 shares during the quarter. Kintegral Advisory LLC's holdings in Arista Networks were worth $4,926,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. State Street Corp grew its holdings in Arista Networks by 159.4% during the 2nd quarter. State Street Corp now owns 121,303,125 shares of the technology company's stock valued at $20,606,975,000 after purchasing an additional 74,541,134 shares during the last quarter. Jupiter Topco LLC purchased a new stake in Arista Networks in the 2nd quarter worth about $1,101,860,000. Envestnet Asset Management Inc. lifted its stake in Arista Networks by 199.0% in the second quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company's stock worth $1,635,978,000 after purchasing an additional 6,409,612 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Arista Networks in the second quarter worth about $537,736,000. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Arista Networks by 34.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 9,725,196 shares of the technology company's stock valued at $1,712,788,000 after buying an additional 2,497,275 shares during the period. Institutional investors own 82.47% of the company's stock.

Arista Networks Stock Down 4.7%

ANET stock traded down $8.74 during trading on Friday, hitting $176.84. The company had a trading volume of 6,842,368 shares, compared to its average volume of 5,292,150. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $217.41. The company has a 50 day simple moving average of $198.46 and a 200-day simple moving average of $174.34. The firm has a market capitalization of $223.03 billion, a P/E ratio of 55.78, a PEG ratio of 2.16 and a beta of 1.60.

Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.13. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The firm's revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter last year, the business posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. Sell-side analysts forecast that Arista Networks, Inc. will post 3.79 earnings per share for the current year.

Arista Networks News Roundup

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

• Positive Sentiment: BNP Paribas Exane upgraded Arista Networks to “strong buy,” providing a favorable analyst signal for the stock. Ticker Report article
• Positive Sentiment: A hammer chart pattern suggests ANET may have found technical support after its recent pullback. The article also cites broad upward revisions to Wall Street earnings estimates, which could support a near-term rebound. Zacks bottom-fisher article
• Positive Sentiment: Arista remains exposed to the expanding AI-infrastructure market. Comparisons with Akamai focus on Arista’s stronger growth prospects and profitability, factors that could help justify a premium valuation if AI-related demand remains strong. AKAM versus ANET article
• Neutral Sentiment: After roughly a sevenfold five-year rally, investors are reassessing whether Arista’s cash generation can support its current valuation. The debate reflects elevated expectations rather than a reported deterioration in operations. Yahoo Finance valuation article
• Negative Sentiment: Reports that Arista shares fell following insider selling are weighing on sentiment, as investors may interpret sales as a cautionary signal even though insider transactions do not necessarily indicate weaker fundamentals. American Banking News insider-selling article

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Piper Sandler reaffirmed an "overweight" rating and set a $240.00 target price (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft began coverage on Arista Networks in a report on Monday, August 31st. They issued a "buy" rating and a $220.00 price target on the stock. Jefferies Financial Group set a $250.00 price target on Arista Networks in a research note on Wednesday, August 5th. BNP Paribas Exane upgraded Arista Networks to a "strong-buy" rating in a report on Wednesday. Finally, Citigroup reaffirmed a "buy" rating and issued a $248.00 price objective (up from $215.00) on shares of Arista Networks in a research report on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $235.45.

Insider Buying and Selling

In related news, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $203.30, for a total value of $60,990,000.00. Following the completion of the sale, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 767,029 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total value of $154,341,575.38. Following the completion of the transaction, the chief executive officer directly owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. This trade represents a 4.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 3,627,449 shares of company stock worth $740,784,723. Corporate insiders own 2.70% of the company's stock.

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.

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