Key Points
- Director Yvonne Wassenaar sold 1,395 shares on April 15 at an average price of $153.07 under a pre‑arranged Rule 10b5‑1 plan, reducing her holding by 12.48% and raising about $213,533.
- Other insiders have also executed large planned sales recently — including CEO Jayshree Ullal (112,812 shares) and CFO Chantelle Breithaupt (8,890 shares) — which could create short‑term sentiment pressure despite being pre‑planned.
- Separately, Arista reported a strong quarter (beat EPS and revenue, ~29% YoY revenue growth) and enjoys broadly bullish analyst coverage (consensus price target ~$178, with some firms higher), supporting the stock's near‑term outlook.
Arista Networks, Inc. (NYSE:ANET - Get Free Report) Director Yvonne Wassenaar sold 1,395 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $153.07, for a total value of $213,532.65. Following the completion of the sale, the director owned 9,784 shares of the company's stock, valued at $1,497,636.88. The trade was a 12.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Yvonne Wassenaar also recently made the following trade(s):
- On Monday, March 16th, Yvonne Wassenaar sold 1,395 shares of Arista Networks stock. The shares were sold at an average price of $134.34, for a total transaction of $187,404.30.
- On Wednesday, February 25th, Yvonne Wassenaar sold 1,815 shares of Arista Networks stock. The shares were sold at an average price of $132.44, for a total value of $240,378.60.
Arista Networks Stock Up 2.1%
NYSE:ANET opened at $164.39 on Friday. The company's 50 day moving average is $136.20 and its 200-day moving average is $136.40. Arista Networks, Inc. has a 12 month low of $66.59 and a 12 month high of $165.28. The firm has a market cap of $206.56 billion, a price-to-earnings ratio of 59.56, a P/E/G ratio of 2.84 and a beta of 1.48.
Arista Networks (NYSE:ANET - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.07. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. Arista Networks's quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 EPS. Research analysts predict that Arista Networks, Inc. will post 2.2 EPS for the current fiscal year.
Institutional Trading of Arista Networks
Several institutional investors have recently modified their holdings of ANET. Walkner Condon Financial Advisors LLC raised its stake in shares of Arista Networks by 0.4% in the third quarter. Walkner Condon Financial Advisors LLC now owns 18,509 shares of the technology company's stock valued at $2,697,000 after purchasing an additional 70 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Arista Networks by 0.4% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company's stock valued at $2,133,000 after buying an additional 70 shares in the last quarter. 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 worth $29,000 after acquiring an additional 72 shares during the period. United Asset Strategies Inc. increased its stake in Arista Networks by 1.2% in the fourth quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company's stock valued at $827,000 after acquiring an additional 72 shares during the period. Finally, Crown Wealth Group LLC raised its position in Arista Networks by 2.4% in the third quarter. Crown Wealth Group LLC now owns 3,175 shares of the technology company's stock worth $463,000 after purchasing an additional 75 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company's stock.
Key Stories Impacting Arista Networks
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: JPMorgan raised its price target to $200 and kept an "overweight" rating, giving the stock a clear upside catalyst for buy‑side interest. Read More.
- Positive Sentiment: Zacks upgraded ANET to a "strong‑buy" and listed it among high‑ROE stocks, which can attract retail/momentum flows. Read More.
- Positive Sentiment: News pieces highlight AI and cloud infrastructure demand (and S&P 500 indexing chatter) as drivers for Arista's valuation and near‑term momentum. Read More.
- Positive Sentiment: Recent quarterly results remain supportive: Arista beat EPS and revenue estimates and reported ~29% YoY revenue growth and strong margins — fundamental backing for higher multiples. Read More.
- Neutral Sentiment: Peer data (Cisco, Ciena) confirms broad AI networking demand — a market tailwind for Arista but also signposts intensifying competition and supply dynamics. Read More.
- Neutral Sentiment: Consensus analyst coverage is heavily bullish (consensus target ~$177–$178), which supports momentum but ties moves to future estimate revisions. Read More.
- Negative Sentiment: CEO Jayshree Ullal sold 112,812 shares under a pre‑arranged Rule 10b5‑1 plan (avg. ~$150), a large disclosed sale that can create short‑term sentiment pressure despite being planned. Read More.
- Negative Sentiment: CFO Chantelle Breithaupt sold 8,890 shares under a 10b5‑1 plan—another insider sale that investors will note when weighing near‑term flows. Read More.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on ANET shares. KeyCorp reissued an "overweight" rating and set a $178.00 price objective (up from $170.00) on shares of Arista Networks in a research report on Friday, February 13th. Morgan Stanley reiterated an "overweight" rating and set a $165.00 price target on shares of Arista Networks in a report on Friday, February 13th. Piper Sandler reissued an "overweight" rating and issued a $175.00 price objective (up from $159.00) on shares of Arista Networks in a research report on Friday, February 13th. Needham & Company LLC raised their price objective on shares of Arista Networks from $165.00 to $185.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Finally, Weiss Ratings raised shares of Arista Networks from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $177.83.
Read Our Latest Stock 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.
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