Key Points
- Arista CEO Jayshree Ullal sold 112,812 shares at an average price of $150.11 under a pre‑arranged Rule 10b5‑1 plan, netting about $16.93M and cutting her direct holding by roughly 91.9% to 9,917 shares.
- Arista recently beat quarterly expectations—<$0.82 EPS vs $0.75 expected and $2.49B revenue vs $2.38B expected—with revenue up 28.9% YoY, and analysts remain broadly bullish (average target ~$176.44, majority Buy/Strong Buy ratings).
Arista Networks, Inc. (NYSE:ANET - Get Free Report) CEO Jayshree Ullal sold 112,812 shares of the firm's stock in a transaction on Monday, April 13th. The shares were sold at an average price of $150.11, for a total value of $16,934,209.32. Following the completion of the transaction, the chief executive officer owned 9,917 shares of the company's stock, valued at approximately $1,488,640.87. This represents a 91.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Arista Networks Stock Down 0.2%
Shares of ANET stock opened at $154.13 on Thursday. Arista Networks, Inc. has a fifty-two week low of $66.59 and a fifty-two week high of $164.94. The stock has a market cap of $193.67 billion, a P/E ratio of 55.84, a P/E/G ratio of 2.73 and a beta of 1.48. The business has a fifty day simple moving average of $135.02 and a 200-day simple moving average of $136.08.
Arista Networks (NYSE:ANET - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.07. The business had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.The business's revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter last year, the business posted $0.66 earnings per share. On average, sell-side analysts anticipate that Arista Networks, Inc. will post 2.2 earnings per share for the current year.
Institutional Trading of Arista Networks
A number of hedge funds have recently bought and sold shares of ANET. Board of the Pension Protection Fund acquired a new stake in Arista Networks during the fourth quarter worth approximately $26,000. Sankala Group LLC acquired a new stake in Arista Networks during the fourth quarter worth approximately $27,000. Prosperity Bancshares Inc acquired a new stake in Arista Networks during the fourth quarter worth approximately $28,000. AdvisorNet Financial Inc boosted its position in Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company's stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Finally, Knuff & Co LLC acquired a new stake in Arista Networks during the third quarter worth approximately $29,000. Institutional investors and hedge funds own 82.47% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on ANET. Needham & Company LLC increased their price target on shares of Arista Networks from $165.00 to $185.00 and gave the company a "buy" rating in a research report on Friday, February 13th. TD Cowen began coverage on shares of Arista Networks in a research report on Thursday, March 12th. They issued a "buy" rating and a $170.00 price target on the stock. Truist Financial began coverage on shares of Arista Networks in a research report on Tuesday, March 31st. They issued a "buy" rating and a $161.00 price target on the stock. Susquehanna upgraded shares of Arista Networks to a "strong-buy" rating in a research report on Wednesday, April 1st. Finally, UBS Group set a $200.00 price target on shares of Arista Networks in a research report on Tuesday, February 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $176.44.
Read Our Latest Stock Analysis on Arista Networks
More Arista Networks News
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Zacks upgraded Arista from "hold" to "strong-buy", which can drive buying interest from retail and momentum-focused funds. Read More.
- Positive Sentiment: Multiple pieces highlight Arista as a beneficiary of rising AI infrastructure demand (hyperscale data centers, low‑latency/high‑throughput networking), reinforcing revenue growth expectations. This thematic bullishness supports higher multiple expansion for ANET. Read More.
- Positive Sentiment: Recent coverage notes Arista outperformed the broader market in the latest session, reflecting short‑term buying momentum. Read More.
- Neutral Sentiment: Peers show accelerating demand: Cisco reported strong AI‑driven networking growth and Ciena is lifting capex amid backlog and orders — these validate a broader market tailwind for network vendors but also signal intensifying competition and supply dynamics. Read More. Read More.
- Neutral Sentiment: Several market pieces review analyst sentiment and what to expect for Arista's next earnings — these can amplify volatility around guidance and estimates but don't by themselves change fundamentals. Read More.
- Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares at an average $150.11 under a pre‑arranged 10b5‑1 plan, cutting her reported direct ownership sharply. Large insider sales can put short‑term pressure on sentiment even when executed under a trading plan. Read More.
About Arista Networks
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
