Jayshree Ullal Sells 234,578 Shares of Arista Networks (NYSE:ANET) Stock

Posted by Logan Wallace on Jul 16th, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report) CEO Jayshree Ullal sold 234,578 shares of Arista Networks stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $187.18, for a total value of $43,908,310.04. Following the completion of the sale, the chief executive officer directly owned 5,134,207 shares in the company, valued at approximately $961,020,866.26. This represents a 4.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 stock was 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 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 shares were 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 shares were sold at an average price of $159.32, for a total transaction of $55,762,000.00.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $171.78 on Thursday. The company’s 50-day moving average price is $160.69 and its two-hundred day moving average price is $146.85. Arista Networks, Inc. has a one year low of $104.68 and a one year high of $189.82. The stock has a market capitalization of $216.30 billion, a PE ratio of 58.83, a price-to-earnings-growth ratio of 2.81 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter last year, the company earned $0.65 EPS. Arista Networks’s revenue for the quarter 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, analysts anticipate that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Arista Networks News Roundup

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

Positive Sentiment: Arista was upgraded by Erste Group Bank AG from hold to buy, adding to the bullish analyst backdrop around the stock. Finviz
Positive Sentiment: Recent coverage continues to position ANET as an AI networking winner, citing strong demand for data-center networking gear, healthy order backlogs, and long-term growth tied to AI infrastructure spending. UBS sees data center investments to drive demand but supply constraints persist
Positive Sentiment: Arista is also being highlighted in lists of leading AI picks and infrastructure stocks, reinforcing investor confidence in its role in the AI buildout. Arista, Seagate and Astera Lead AI Picks
Positive Sentiment: Technical commentary says the stock has been looking strong and setting new all-time highs, which can attract momentum buyers. Arista Networks stock looks technically strong as it sets new all-time highs
Neutral Sentiment: Investors are also waiting for Arista’s Q2 2026 earnings report, with expectations centered on whether AI demand and revenue guidance stay strong. What to expect from Arista Networks’ Q2 2026 earnings report
Neutral Sentiment: CEO Jayshree Ullal sold more than 234,000 shares in a pre-arranged 10b5-1 plan; the sale is routine, but large insider selling can still weigh on sentiment. SEC filing
Negative Sentiment: Some commentary notes supply-chain constraints could limit how quickly Arista converts strong AI orders into revenue, creating a potential near-term headwind. Arista Networks (ANET) Is Up 9.7% After Boosting 2024 Revenue Outlook On Surging AI Demand

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. First Community Trust NA acquired a new position in shares of Arista Networks in the second quarter worth approximately $3,861,000. Ballast Inc. bought a new stake in Arista Networks in the second quarter valued at $255,000. Wedge Capital Management L L P NC raised its stake in Arista Networks by 12.4% during the 2nd quarter. Wedge Capital Management L L P NC now owns 485,198 shares of the technology company’s stock worth $82,425,000 after buying an additional 53,533 shares during the period. Accel Wealth Management grew its position in Arista Networks by 12.1% in the 2nd quarter. Accel Wealth Management now owns 2,185 shares of the technology company’s stock valued at $371,000 after purchasing an additional 236 shares during the period. Finally, Tema ETFs LLC increased its stake in Arista Networks by 10.1% during the 2nd quarter. Tema ETFs LLC now owns 22,091 shares of the technology company’s stock valued at $3,753,000 after purchasing an additional 2,030 shares in the last quarter. 82.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

ANET has been the subject of several analyst reports. Rosenblatt Securities raised their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Susquehanna upgraded Arista Networks to a “strong-buy” rating in a research note on Wednesday, April 1st. Truist Financial set a $175.00 price objective on Arista Networks in a report on Wednesday, May 6th. Barclays reiterated an “overweight” rating and set a $195.00 price objective (up from $184.00) on shares of Arista Networks in a research report on Thursday, May 7th. Finally, Weiss Ratings raised shares of Arista Networks from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $188.16.

Check Out Our Latest Analysis on ANET

Arista Networks Company Profile

(Get Free Report)

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.