5,020 Shares of Arista Networks, Inc. $ANET Purchased by Intergy Private Wealth LLC

Intergy Private Wealth LLC acquired a new position in shares of Arista Networks, Inc. (NYSE:ANET) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,020 shares of the technology company’s stock, valued at approximately $1,022,000.

A number of other large investors have also recently made changes to their positions in the company. State Street Corp lifted its stake in Arista Networks by 159.4% in the second quarter. State Street Corp now owns 121,303,125 shares of the technology company’s stock worth $20,606,975,000 after acquiring an additional 74,541,134 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Arista Networks by 34.6% in the 2nd 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 purchasing an additional 2,497,275 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Arista Networks by 199.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,630,196 shares of the technology company’s stock valued at $1,635,978,000 after purchasing an additional 6,409,612 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Arista Networks by 4.3% in the 2nd quarter. Deutsche Bank AG now owns 9,357,496 shares of the technology company’s stock valued at $1,589,651,000 after purchasing an additional 388,354 shares in the last quarter. Finally, Amundi raised its holdings in shares of Arista Networks by 5.7% in the 1st quarter. Amundi now owns 9,064,443 shares of the technology company’s stock valued at $1,112,932,000 after purchasing an additional 491,173 shares in the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Arista Networks

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

Analysts Set New Price Targets

Several research firms have recently issued reports on ANET. Deutsche Bank Aktiengesellschaft began coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 price objective for the company. Bank of America reissued a “buy” rating and issued a $240.00 target price (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Needham & Company LLC restated a “buy” rating and issued a $260.00 price target (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Rosenblatt Securities raised their price target on Arista Networks from $210.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, BNP Paribas Exane raised Arista Networks to a “strong-buy” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $235.45.

Arista Networks Price Performance

Shares of NYSE:ANET traded down $8.74 during trading on Friday, hitting $176.84. 6,842,368 shares of the company were exchanged, compared to its average volume of 5,292,150. The firm’s 50 day moving average price is $198.46 and its 200-day moving average price is $174.34. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $217.41. The stock 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) last posted its earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.73 EPS. The company’s revenue 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, equities research analysts anticipate that Arista Networks, Inc. will post 3.79 EPS for the current year.

Insider Buying and Selling at Arista Networks

In other news, CEO Jayshree Ullal sold 767,029 shares of Arista Networks stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $201.22, for a total transaction of $154,341,575.38. Following the sale, the chief executive officer owned 16,387,981 shares in the company, valued at approximately $3,297,589,536.82. The trade was a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were 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 directly owned 181,143,048 shares of the company’s stock, valued at $36,826,381,658.40. The trade was a 0.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,627,449 shares of company stock valued at $740,784,723 in the last 90 days. 2.70% of the stock is currently owned by insiders.

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.