Banco Santander S.A. significantly increased its stake in Arista Networks, Inc. (NYSE:ANET) by 458.7% in the third quarter, bringing its total holdings to 68,904 shares valued at $10,040,000. Other institutional investors also adjusted their positions, and hedge funds collectively own 82.47% of the company’s stock. Despite mixed sentiment from analysts and recent insider selling, Arista Networks reported strong quarterly earnings, beating revenue expectations and raising its AI revenue guidance for FY-2026.
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Banco Santander S.A. Grows Position in Arista Networks, Inc. $ANET
Banco Santander S.A. significantly increased its stake in Arista Networks, Inc. (NYSE:ANET) by 458.7% in the third quarter, bringing its total holdings to 68,904 shares valued at $10,040,000. Other institutional investors also adjusted their positions, and hedge funds collectively own 82.47% of the company’s stock. Despite mixed sentiment from analysts and recent insider selling, Arista Networks reported strong quarterly earnings, beating revenue expectations and raising its AI revenue guidance for FY-2026.