Key Points
- Jayshree Ullal sold 24,042 shares of Arista Networks on Nov. 25 at an average price of $124.55 for a total of about $2.99 million, leaving her with 9,917 shares (a 70.8% drop in her holdings).
- The Nov. 25 sale is part of a string of large insider dispositions this year, including a 1,247,688-share sale in September worth roughly $185.3 million and other multi‑million‑dollar sales earlier that month.
- Separately, Arista reported a solid quarter on Nov. 4 with EPS of $0.75 beating estimates ($0.72) and revenue of $2.31 billion (up 27.5% year‑over‑year), alongside a net margin of 40.9%.
Arista Networks, Inc. (NYSE:ANET - Get Free Report) CEO Jayshree Ullal sold 24,042 shares of the company's stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $124.55, for a total transaction of $2,994,431.10. Following the transaction, the chief executive officer directly owned 9,917 shares of the company's stock, valued at $1,235,162.35. This represents a 70.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Jayshree Ullal also recently made the following trade(s):
- On Wednesday, September 10th, Jayshree Ullal sold 1,247,688 shares of Arista Networks stock. The stock was sold at an average price of $148.53, for a total value of $185,319,098.64.
- On Monday, September 8th, Jayshree Ullal sold 56,548 shares of Arista Networks stock. The shares were sold at an average price of $143.56, for a total value of $8,118,030.88.
- On Friday, September 5th, Jayshree Ullal sold 438,764 shares of Arista Networks stock. The stock was sold at an average price of $143.84, for a total value of $63,111,813.76.
Arista Networks Trading Up 2.8%
ANET opened at $131.25 on Friday. The stock's 50 day simple moving average is $142.06 and its 200-day simple moving average is $124.06. The stock has a market cap of $165.28 billion, a PE ratio of 51.62, a P/E/G ratio of 3.37 and a beta of 1.48. Arista Networks, Inc. has a 1 year low of $59.43 and a 1 year high of $164.94.
Arista Networks (NYSE:ANET - Get Free Report) last issued its earnings results on Tuesday, November 4th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. Arista Networks had a return on equity of 31.05% and a net margin of 40.90%.The firm had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.26 billion. During the same period last year, the business earned $2.40 earnings per share. Arista Networks's quarterly revenue was up 27.5% compared to the same quarter last year. Arista Networks has set its Q4 2025 guidance at EPS. Equities analysts forecast that Arista Networks, Inc. will post 2.2 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on ANET shares. BNP Paribas Exane raised shares of Arista Networks from a "neutral" rating to an "outperform" rating and set a $172.00 price target for the company in a research report on Thursday, September 25th. Wells Fargo & Company upped their price objective on Arista Networks from $150.00 to $175.00 and gave the company an "overweight" rating in a research note on Friday, September 12th. Erste Group Bank downgraded Arista Networks from a "buy" rating to a "hold" rating in a research report on Monday, November 10th. Melius Research boosted their price target on Arista Networks from $160.00 to $185.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Finally, Piper Sandler reiterated a "neutral" rating and set a $145.00 price objective (up from $143.00) on shares of Arista Networks in a research note on Wednesday, November 5th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $164.31.
Read Our Latest Report on Arista Networks
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in ANET. Bare Financial Services Inc lifted its holdings in Arista Networks by 2,118.2% in the second quarter. Bare Financial Services Inc now owns 244 shares of the technology company's stock valued at $25,000 after buying an additional 233 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Arista Networks by 56.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company's stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Knuff & Co LLC bought a new position in Arista Networks in the third quarter valued at approximately $29,000. Richardson Financial Services Inc. increased its holdings in Arista Networks by 141.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 222 shares of the technology company's stock worth $32,000 after purchasing an additional 130 shares in the last quarter. Finally, Saudi Central Bank bought a new position in shares of Arista Networks during the first quarter worth about $33,000. 82.47% of the stock is currently owned by institutional investors and hedge funds.
About Arista Networks
(
Get Free Report)
Arista Networks, Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.
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