Insider Selling: Arista Networks (NYSE:ANET) CEO Sells $2,140,947.36 in Stock

Arista Networks, Inc. (NYSE:ANET) CEO Jayshree Ullal sold 13,809 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.04, for a total transaction of $2,140,947.36. Following the transaction, the chief executive officer directly owned 9,917 shares in the company, valued at $1,537,531.68. The trade was a 58.20% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 Wednesday, April 22nd, Jayshree Ullal sold 428,000 shares of Arista Networks stock. The shares were sold at an average price of $177.44, for a total transaction 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 transaction 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.
• On Monday, April 13th, Jayshree Ullal sold 112,812 shares of Arista Networks stock. The stock was sold at an average price of $150.11, for a total transaction of $16,934,209.32.

Arista Networks Stock Up 2.5%

NYSE:ANET opened at $159.09 on Friday. The company has a market cap of $200.33 billion, a P/E ratio of 54.48, a P/E/G ratio of 2.46 and a beta of 1.67. Arista Networks, Inc. has a fifty-two week low of $83.86 and a fifty-two week high of $179.80. The firm’s 50 day moving average is $147.52 and its two-hundred day moving average is $137.61.

Arista Networks (NYSE:ANET) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping 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 revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Research analysts forecast that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ANET has been the topic of a number of recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $180.00 price target on shares of Arista Networks in a research note on Friday, May 1st. Evercore reaffirmed an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Weiss Ratings raised shares of Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Needham & Company LLC reissued a “buy” rating and issued a $185.00 price objective on shares of Arista Networks in a research report on Wednesday, May 6th. Finally, Barclays reissued an “overweight” rating and issued a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $185.72.

Institutional Investors Weigh In On Arista Networks

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Arista Networks by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock worth $13,258,877,000 after acquiring an additional 1,188,799 shares in the last quarter. State Street Corp increased its position in shares of Arista Networks by 1.4% in the fourth quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock worth $6,154,570,000 after acquiring an additional 628,146 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Arista Networks by 1.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock worth $4,870,618,000 after acquiring an additional 380,724 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Arista Networks by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock worth $3,455,095,000 after acquiring an additional 477,625 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Arista Networks in the fourth quarter worth $1,558,563,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Key Headlines Impacting Arista Networks

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

• Positive Sentiment: Zacks highlighted Arista Networks as a strong growth stock, pointing to its appeal across growth and momentum screens and reinforcing the view that ANET remains a high-quality long-term compounder. Article Title
• Positive Sentiment: Another Zacks note said ANET is benefiting from AI infrastructure spending, with hyperscalers expanding networks and driving demand for next-generation Ethernet products, which supports the company’s growth outlook. Article Title
• Positive Sentiment: Wall Street remains constructive on Arista Networks, with multiple analysts reiterating Buy/Overweight ratings and lifting price targets, reflecting confidence in continued revenue and earnings growth.
• Positive Sentiment: Recent earnings were solid, with Arista beating EPS and revenue estimates and posting 35% year-over-year revenue growth, which continues to underpin bullish sentiment.
• Neutral Sentiment: Institutional ownership remains high, and several small new positions were reported, but these filings are unlikely to be a major near-term driver on their own.
• Negative Sentiment: Recent insider sales by CFO Chantelle Yvette Breithaupt, CEO Jayshree Ullal, and major shareholder Andreas Bechtolsheim may create some short-term caution, even though the trades were made under pre-arranged 10b5-1 plans.

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.