Jayshree Ullal Sells 242,422 Shares of Arista Networks (NYSE:ANET) Stock

Arista Networks, Inc. (NYSE:ANET) CEO Jayshree Ullal sold 242,422 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $188.17, for a total value of $45,616,547.74. Following the transaction, the chief executive officer directly owned 5,171,095 shares of the company’s stock, valued at $973,044,946.15. The trade was a 4.48% decrease in their position. The transaction was disclosed in a legal 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.

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

• On Friday, July 10th, Jayshree Ullal sold 234,578 shares of Arista Networks stock. The shares were sold at an average price of $187.18, for a total transaction of $43,908,310.04.
• 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 transaction 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 stock was sold at an average price of $167.31, for a total transaction 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 transaction of $55,762,000.00.

Arista Networks Stock Up 0.6%

ANET stock opened at $182.18 on Wednesday. Arista Networks, Inc. has a twelve month low of $104.68 and a twelve month high of $189.82. The firm has a market cap of $229.41 billion, a PE ratio of 62.39, a price-to-earnings-growth ratio of 2.79 and a beta of 1.60. The business has a 50 day moving average of $160.20 and a 200 day moving average of $146.56.

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

Key Arista Networks News

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

• Positive Sentiment: Market and analyst commentary continue to frame Arista as a key AI infrastructure winner, citing strong demand for data-center networking, healthy order backlogs, and expectations that AI spending will keep driving growth. UBS sees data center investments to drive demand but supply constraints persist
• Positive Sentiment: Arista was highlighted as a “high-growth wide-moat” name and included among infrastructure stocks tackling AI bottlenecks, reinforcing confidence in its long-term competitive position and upside potential. Beyond the Foundry: 5 Infrastructure Stocks Tackling the AI Bottlenecks
• Positive Sentiment: Recent technical commentary says ANET is looking strong and has been setting new all-time highs, which can attract momentum-focused buyers. Arista Networks stock looks technically strong as it sets new all-time highs
• Neutral Sentiment: CEO Jayshree Ullal sold 242,422 shares in a pre-arranged Rule 10b5-1 plan. The sale was disclosed normally and does not necessarily signal a change in fundamentals, but large insider sales can still temper sentiment. SEC filing
• Neutral Sentiment: Some recent commentary notes that another enterprise AI stock may have more near-term upside because of its lower valuation, which could modestly cap enthusiasm for ANET. Workday vs. Arista: Which enterprise AI stock has more upside now?
• Negative Sentiment: A recent note said ANET underperformed the broader market in the prior session, reminding investors that the stock can see short-term volatility even with strong longer-term fundamentals. Arista Networks suffers a larger drop than the general market

Analyst Ratings Changes

ANET has been the topic of several recent research reports. Piper Sandler reiterated an “overweight” rating and issued a $181.00 price objective (up from $175.00) on shares of Arista Networks in a research note on Wednesday, May 6th. UBS Group restated a “buy” rating and set a $187.00 target price (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating and set a $210.00 target price (up from $200.00) on shares of Arista Networks in a report on Monday. Susquehanna upgraded shares of Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Arista Networks to a “buy” rating in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $188.16.

Institutional Inflows and Outflows

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