Key Points
- CEO insider sale: Arista Networks CEO Jayshree Ullal sold 13,809 shares for approximately $2.65 million under a pre-arranged Rule 10b5-1 plan, reducing her direct ownership by 58.2%. She has also made several substantially larger sales in recent months.
- Strong operating performance: The company reported quarterly EPS of $1.02 versus $0.89 expected and revenue of $3.04 billion versus $2.83 billion expected, with revenue up 37.7% year over year. Arista guided for third-quarter EPS of $1.06–$1.08.
- Analysts remain bullish, but valuation is elevated: The stock has an average “Buy” rating and a consensus price target of $226.05, while shares trade at about 63.5 times earnings. AI data-center demand supports growth, but regulatory risks around new data centers and valuation concerns remain.
Arista Networks, Inc. (NYSE:ANET - Get Free Report) CEO Jayshree Ullal sold 13,809 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $191.79, for a total transaction of $2,648,428.11. Following the completion of the transaction, the chief executive officer owned 9,917 shares in the company, valued at $1,901,981.43. This represents a 58.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jayshree Ullal also recently made the following trade(s):
- On Wednesday, August 12th, Jayshree Ullal sold 573,509 shares of Arista Networks stock. The stock was sold at an average price of $208.13, for a total transaction of $119,364,428.17.
- On Wednesday, August 5th, Jayshree Ullal sold 331,434 shares of Arista Networks stock. The shares were sold at an average price of $201.22, for a total transaction of $66,691,149.48.
- On Wednesday, August 5th, Jayshree Ullal sold 1,032 shares of Arista Networks stock. The shares were sold at an average price of $201.24, for a total value of $207,679.68.
- On Wednesday, August 5th, Jayshree Ullal sold 767,029 shares of Arista Networks stock. The shares were sold at an average price of $201.22, for a total value of $154,341,575.38.
- On Friday, July 10th, Jayshree Ullal sold 234,578 shares of Arista Networks stock. The stock was sold at an average price of $187.18, for a total value of $43,908,310.04.
- 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.
Arista Networks Trading Down 0.5%
NYSE ANET opened at $201.30 on Friday. The stock has a 50-day simple moving average of $179.77 and a 200 day simple moving average of $158.14. The company has a market capitalization of $253.88 billion, a PE ratio of 63.50, a P/E/G ratio of 2.09 and a beta of 1.60. Arista Networks, Inc. has a 12 month low of $114.52 and a 12 month high of $214.89.
Arista Networks (NYSE:ANET - Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.13. The firm had revenue of $3.04 billion for the quarter, compared to analysts' expectations of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The company's revenue was up 37.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, sell-side analysts predict that Arista Networks, Inc. will post 3.7 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the stock. Rosenblatt Securities lifted their price objective on shares of Arista Networks from $210.00 to $280.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Bank of America reaffirmed a "buy" rating and issued a $240.00 target price (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Wolfe Research reissued an "outperform" rating and set a $175.00 price target on shares of Arista Networks in a research report on Wednesday, June 10th. Weiss Ratings cut shares of Arista Networks from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, August 12th. Finally, TD Cowen boosted their price target on shares of Arista Networks from $210.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $226.05.
View Our Latest Research Report on Arista Networks
Institutional Investors Weigh In On Arista Networks
Institutional investors have recently bought and sold shares of the company. ABS Investment Management LLC bought a new position in shares of Arista Networks during the 2nd quarter worth approximately $29,000. Kelleher Financial Advisors bought a new stake in shares of Arista Networks in the second quarter worth $31,000. Sankala Group LLC acquired a new position in Arista Networks during the fourth quarter worth $27,000. Prosperity Bancshares Inc acquired a new position in Arista Networks during the fourth quarter worth $28,000. Finally, Main Street Group LTD bought a new position in Arista Networks in the first quarter valued at $26,000. Institutional investors own 82.47% of the company's stock.
Key Arista Networks News
Here are the key news stories impacting Arista Networks this week:
- Positive Sentiment: Arista remains a major beneficiary of rising AI data-center investment. Demand for high-speed networking equipment is expanding as cloud providers and technology companies build out AI infrastructure, supporting the company’s growth outlook. 3 Stocks That Are No-Brainer Buys in the Second Half of 2026
- Positive Sentiment: Analysts remain broadly bullish. The consensus price target implies approximately 26.7% upside, while several firms recently raised targets to $250 and maintained buy or overweight ratings. However, price targets are not guaranteed and may already reflect strong growth expectations. Wall Street Analysts Believe Arista Networks Could Rally 26.74%
- Neutral Sentiment: Arista’s latest quarterly results were strong, with EPS of $1.02 versus $0.89 expected and revenue of $3.04 billion versus $2.83 billion expected. Revenue increased 37.7% year over year, and management guided to third-quarter EPS of $1.06–$1.08.
- Negative Sentiment: CEO Jayshree Ullal sold 13,809 shares worth about $2.65 million, reducing her direct ownership by 58.2%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which limits its value as a bearish signal, but the size of the sale may encourage profit-taking. SEC CEO insider sale filing
- Negative Sentiment: Political opposition to new AI data centers could create regulatory delays or limit construction, potentially slowing demand from Arista’s large cloud customers. Investors are also watching customer concentration and elevated valuation risk, with ANET trading at roughly 63.5 times earnings. Arista Networks Faces New Political Risk
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.
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