6,812 Arista Networks, Inc. $ANET Shares Acquired by KRS Capital Management LLC

KRS Capital Management LLC increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 226.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,821 shares of the technology company’s stock after purchasing an additional 6,812 shares during the quarter. Arista Networks makes up about 0.9% of KRS Capital Management LLC’s investment portfolio, making the stock its 21st largest position. KRS Capital Management LLC’s holdings in Arista Networks were worth $1,999,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. USA Financial Formulas acquired a new position in Arista Networks during the third quarter worth about $1,547,000. CWS Financial Advisors LLC purchased a new stake in shares of Arista Networks in the third quarter valued at about $916,000. Cravens & Co Advisors LLC acquired a new stake in shares of Arista Networks in the third quarter valued at approximately $5,135,000. Hutchens & Kramer Investment Management Group LLC acquired a new stake in shares of Arista Networks in the third quarter valued at approximately $371,000. Finally, Fiduciary Advisors Inc. acquired a new position in shares of Arista Networks during the 3rd quarter worth approximately $3,168,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Stock Down 4.7%

Shares of NYSE:ANET opened at $176.84 on Friday. The company has a market cap of $223.03 billion, a P/E ratio of 55.78, a P/E/G ratio of 2.06 and a beta of 1.60. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $217.41. The business has a fifty day simple moving average of $198.46 and a 200-day simple moving average of $174.34.

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Zacks Research lowered Arista Networks from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Citigroup reiterated a “buy” rating and set a $248.00 target price (up from $215.00) on shares of Arista Networks in a report on Thursday, October 8th. Evercore reissued an “outperform” rating on shares of Arista Networks in a research report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a report on Monday, August 31st. They issued a “buy” rating and a $220.00 price target for the company. Finally, Morgan Stanley restated an “overweight” rating and issued a $220.00 price objective (up from $190.00) on shares of Arista Networks in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $235.45.

Arista Networks News Summary

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

Insider Transactions at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $198.95, for a total value of $59,685,000.00. Following the completion of the sale, the insider owned 180,543,048 shares in the company, valued at $35,919,039,399.60. The trade was a 0.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kenneth Duda sold 17,333 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $203.50, for a total transaction of $3,527,265.50. Following the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $2,640,616. This represents a 57.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,627,449 shares of company stock worth $740,784,723 in the last quarter. 2.70% of the stock is currently owned by corporate insiders.

Arista Networks Profile

Arista Networks, Inc develops and sells cloud networking solutions for data centers, cloud service providers, enterprises and specialized computing environments. The company’s products are designed to support high-performance, scalable and automated networks used for cloud computing, artificial intelligence, data analytics and other demanding applications.

Arista’s portfolio includes data center and campus switches, routing platforms, wireless networking products, network operating software and network management tools.