Arista Networks (NYSE:ANET) Stock: Insider Jayshree Ullal Sells 62,622 Shares

Arista Networks, Inc. (NYSE:ANET) CEO Jayshree Ullal sold 62,622 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $211.40, for a total value of $13,238,290.80. Following the completion of the sale, the chief executive officer directly owned 4,876,972 shares of the company’s stock, valued at $1,030,991,880.80. This represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Tuesday, August 25th, Jayshree Ullal sold 13,809 shares of Arista Networks stock. The shares were sold at an average price of $191.79, for a total transaction of $2,648,428.11.
• On Wednesday, August 12th, Jayshree Ullal sold 573,509 shares of Arista Networks stock. The stock was sold at an average price of $208.13, for a total value of $119,364,428.17.
• On Wednesday, August 5th, Jayshree Ullal sold 331,434 shares of Arista Networks stock. The stock was sold at an average price of $201.22, for a total value of $66,691,149.48.
• On Wednesday, August 5th, Jayshree Ullal sold 1,032 shares of Arista Networks stock. The shares were sold at an average price of $201.24, for a total transaction of $207,679.68.
• On Wednesday, August 5th, Jayshree Ullal sold 767,029 shares of Arista Networks stock. The shares were sold at an average price of $201.22, for a total transaction of $154,341,575.38.
• On Friday, July 10th, Jayshree Ullal sold 234,578 shares of Arista Networks stock. The stock was sold at an average price of $187.18, for a total transaction of $43,908,310.04.
• 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.

Arista Networks Trading Down 1.1%

ANET traded down $2.33 during trading on Tuesday, reaching $202.59. 4,536,056 shares of the company were exchanged, compared to its average volume of 4,543,458. The stock has a market cap of $255.52 billion, a P/E ratio of 63.91, a PEG ratio of 2.43 and a beta of 1.62. The firm has a 50 day moving average of $191.97 and a 200 day moving average of $168.04. Arista Networks, Inc. has a 52 week low of $114.52 and a 52 week high of $214.89.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping 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 business’s revenue for the quarter was up 37.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, analysts forecast that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. QRG Capital Management Inc. raised its position in Arista Networks by 181.2% in the second quarter. QRG Capital Management Inc. now owns 523,202 shares of the technology company’s stock worth $88,882,000 after purchasing an additional 337,133 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Arista Networks by 165.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 159,817 shares of the technology company’s stock valued at $27,150,000 after purchasing an additional 99,707 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Arista Networks by 199.0% during the second 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 in the last quarter. Andra AP fonden grew its stake in shares of Arista Networks by 106.2% in the 2nd quarter. Andra AP fonden now owns 515,400 shares of the technology company’s stock valued at $87,556,000 after purchasing an additional 265,400 shares during the period. Finally, State Street Corp grew its stake in shares of Arista Networks by 159.4% in 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 period. Institutional investors and hedge funds own 82.47% of the company’s stock.

More Arista Networks News

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

• Positive Sentiment: AI networking demand remains the main bullish catalyst. Arista supplies high-speed switches and networking equipment that connect GPUs in large data centers operated by companies such as Microsoft and Meta. The articles argue that rapidly expanding AI clusters could make networking a durable competitive advantage, not merely a secondary beneficiary of the AI boom. Is AI Turning Networking Into Arista Network’s Next Big Moat?
• Positive Sentiment: Long-term growth expectations remain strong. One valuation analysis estimates substantial potential upside based on continued earnings growth, while another identifies Arista as a leading AI-infrastructure stock approaching a potential technical buy point. Its relative-strength line recently reached a new high, signaling continued investor interest despite recent market weakness. Arista: The Layer Beneath The Chips AI Stock Leader Arista Eyes Latest Buy Point With RS Line At New Highs
• Neutral Sentiment: Index inclusion did not produce an immediate boost. Arista’s addition to the S&P 100 could increase visibility and institutional demand over time, but the stock still softened around the announcement, suggesting investors may have already anticipated the move. Arista Networks stock falls after S&P 100 entry
• Neutral Sentiment: Investors are comparing Arista’s growth profile with more diversified technology companies. Arista is viewed as the faster-growing AI networking specialist, while IBM offers greater exposure to hybrid-cloud software and consulting. The comparison reinforces Arista’s growth appeal but also highlights its greater dependence on sustained AI spending. Arista Networks vs. International Business Machines
• Negative Sentiment: Valuation is the clearest near-term pressure. Arista trades at roughly 58–60 times trailing adjusted earnings, leaving little room for execution disappointments. Although projected 2026 and 2027 earnings make the valuation appear more reasonable, the stock’s premium multiple and recent market underperformance likely encouraged profit-taking. Is Arista Networks Stock As Expensive As It Looks?

Analyst Upgrades and Downgrades

A number of brokerages have commented on ANET. Piper Sandler restated an “overweight” rating and issued a $240.00 target price (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Weiss Ratings raised Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 18th. Morgan Stanley restated an “overweight” rating and issued a $220.00 price objective (up from $190.00) on shares of Arista Networks in a report on Wednesday, August 5th. Zacks Research raised shares of Arista Networks from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, Rosenblatt Securities increased their price target on shares of Arista Networks from $210.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $230.74.

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.