Insider Selling: Arista Networks (NYSE:ANET) CEO Sells $43,908,310.04 in Stock

Arista Networks, Inc. (NYSE:ANET) CEO Jayshree Ullal sold 234,578 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $187.18, for a total transaction of $43,908,310.04. Following the sale, the chief executive officer directly owned 5,134,207 shares in the company, valued at $961,020,866.26. This trade represents a 4.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jayshree Ullal also recently made the following trade(s):

• On Thursday, July 9th, Jayshree Ullal sold 242,422 shares of Arista Networks stock. The stock was sold at an average price of $188.17, for a total value of $45,616,547.74.
• On Tuesday, May 26th, Jayshree Ullal sold 13,809 shares of Arista Networks stock. The shares were sold at an average price of $155.04, for a total value of $2,140,947.36.
• On Wednesday, April 22nd, Jayshree Ullal sold 428,000 shares of Arista Networks stock. The stock was sold at an average price of $177.44, for a total value of $75,944,320.00.
• On Tuesday, April 21st, Jayshree Ullal sold 93,861 shares of Arista Networks stock. The stock was sold at an average price of $168.57, for a total value of $15,822,148.77.
• On Monday, April 20th, Jayshree Ullal sold 306,139 shares of Arista Networks stock. The shares were sold at an average price of $167.31, for a total value of $51,220,116.09.
• On Thursday, April 16th, Jayshree Ullal sold 350,000 shares of Arista Networks stock. The stock was sold at an average price of $159.32, for a total value of $55,762,000.00.

Arista Networks Stock Performance

Shares of ANET stock traded up $1.03 during trading hours on Tuesday, hitting $182.18. 7,561,251 shares of the company were exchanged, compared to its average volume of 8,768,309. The firm has a market cap of $229.40 billion, a P/E ratio of 62.39, a P/E/G ratio of 2.88 and a beta of 1.60. Arista Networks, Inc. has a fifty-two week low of $104.68 and a fifty-two week high of $189.82. The company has a 50 day simple moving average of $159.96 and a two-hundred day simple moving average of $146.20.

Arista Networks (NYSE:ANET) last released its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. As a group, sell-side analysts expect that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Trending Headlines about Arista Networks

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

• Positive Sentiment: Market commentary continues to highlight Arista’s AI networking portfolio, strong cloud demand, and recent 35% revenue growth as catalysts that could support further upside for Arista Networks (ANET). ANET’s Robust Portfolio Fuels Revenue Growth: More Upside Ahead?
• Positive Sentiment: Arista was included in a “high-growth wide-moat” stock list, reinforcing confidence in its competitive position and long-term growth outlook. 5 High-Growth Wide-Moat Stocks to Buy
• Positive Sentiment: Another market note grouped Arista among AI infrastructure stocks solving bottlenecks in networking, cooling, and power, which keeps ANET positioned as a key beneficiary of AI buildout spending. Beyond the Foundry: 5 Infrastructure Stocks Tackling the AI Bottlenecks
• Neutral Sentiment: Analyst commentary remains broadly constructive, with multiple firms maintaining Buy/Overweight views and a consensus target near recent trading levels, but one comparison piece suggested Workday may have more upside right now due to valuation. Workday vs. Arista: Which Enterprise AI Stock Has More Upside Now?
• Neutral Sentiment: CEO Jayshree Ullal sold 242,422 shares in a pre-arranged 10b5-1 plan; while routine, the size of the transaction can still weigh on sentiment. SEC filing
• Negative Sentiment: Recent coverage also noted ANET has been moving down more than the broader market in the short term, suggesting some near-term pressure despite the company’s strong fundamentals. Arista Networks (ANET) Suffers a Larger Drop Than the General Market: Key Insights

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ANET. Bank of America increased their price objective on shares of Arista Networks from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Weiss Ratings raised Arista Networks from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday. Raymond James Financial raised Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target on the stock in a research note on Friday, May 15th. TD Cowen reissued a “buy” rating and issued a $210.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Monday. Finally, Piper Sandler restated an “overweight” rating and set a $181.00 price objective (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $188.16.

Hedge Funds Weigh In On Arista Networks

A number of hedge funds have recently added to or reduced their stakes in the stock. Intrua Financial LLC raised its stake in shares of Arista Networks by 2.7% in the first quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after purchasing an additional 61 shares during the last quarter. NBT Bank N A NY grew its holdings in Arista Networks by 37.2% during the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after buying an additional 67 shares in the last quarter. Hoxton Planning & Management LLC raised its position in Arista Networks by 4.1% in the 1st quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after buying an additional 68 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after acquiring an additional 70 shares in the last quarter. Finally, Y.D. More Investments Ltd lifted its stake in Arista Networks by 8.7% during the 1st quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock valued at $107,000 after acquiring an additional 70 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.

About Arista Networks

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.