Arista Networks (NYSE:ANET) Stock: Insider Jayshree Ullal Sells 96,992 Shares

October 10, 2026 by InsiderTrades.com

Key Points

CEO Jayshree Ullal sold 96,992 Arista Networks shares for approximately $21.1 million at an average price of $217.14, reducing her holdings by 1.98% to about 4.8 million shares. The transaction was conducted under a pre-arranged Rule 10b5-1 plan.
Arista reported strong operating results, with quarterly revenue up 37.7% year over year to $3.04 billion and EPS of $1.02 versus the $0.89 consensus estimate. The stock was trading near its 52-week high, with a market capitalization of roughly $273 billion.
Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $235.45, though high valuation and continued insider selling remain notable risks.

Arista Networks, Inc. (NYSE:ANET - Get Free Report) CEO Jayshree Ullal sold 96,992 shares of the stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $217.14, for a total transaction of $21,060,842.88. Following the transaction, the chief executive officer owned 4,797,347 shares in the company, valued at approximately $1,041,695,927.58. The trade was a 1.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arista Networks Plugs Into All-Time Highs

Jayshree Ullal also recently made the following trade(s):

On Tuesday, October 6th, Jayshree Ullal sold 460,374 shares of Arista Networks stock. The shares were sold at an average price of $212.09, for a total transaction of $97,640,721.66.
On Friday, September 25th, Jayshree Ullal sold 62,622 shares of Arista Networks stock. The shares were sold at an average price of $211.40, for a total value of $13,238,290.80.
On Tuesday, August 25th, Jayshree Ullal sold 13,809 shares of Arista Networks stock. The shares were sold at an average price of $191.79, for a total value of $2,648,428.11.
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 value of $119,364,428.17.
On Wednesday, August 5th, Jayshree Ullal sold 331,434 shares of Arista Networks stock. The stock was sold at an average price of $201.22, for a total value 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.

Arista Networks Stock Performance

ANET opened at $216.63 on Friday. The firm has a market cap of $273.22 billion, a P/E ratio of 68.34, a price-to-earnings-growth ratio of 2.48 and a beta of 1.60. Arista Networks, Inc. has a 52-week low of $114.52 and a 52-week high of $217.41. The business's fifty day moving average is $198.12 and its 200-day moving average is $172.05.

Analysts See Double-Digit Upside for These 3 Stocks

Arista Networks (NYSE:ANET - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. The business had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. Arista Networks's revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, research analysts predict that Arista Networks, Inc. will post 3.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Arista Networks in a research report on Monday, August 31st. They set a "buy" rating and a $220.00 price objective for the company. The Goldman Sachs Group restated a "buy" rating and set a $225.00 target price on shares of Arista Networks in a research note on Wednesday, August 5th. Erste Group Bank raised Arista Networks from a "hold" rating to a "buy" rating in a report on Wednesday, July 15th. Finally, TD Cowen lifted their price target on Arista Networks from $210.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Arista Networks has a consensus rating of "Moderate Buy" and a consensus target price of $235.45.

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Institutional Investors Weigh In On Arista Networks

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. RTD Financial Advisors Inc. bought a new stake in shares of Arista Networks during the 3rd quarter valued at approximately $358,000. Gallagher Capital Advisors LLC bought a new position in Arista Networks in the 3rd quarter valued at approximately $3,256,000. Armstrong Advisory Group Inc. boosted its position in Arista Networks by 23.8% in the third quarter. Armstrong Advisory Group Inc. now owns 1,550 shares of the technology company's stock valued at $316,000 after buying an additional 298 shares in the last quarter. Marquette Asset Management LLC boosted its position in Arista Networks by 10,000.0% in the third quarter. Marquette Asset Management LLC now owns 1,414 shares of the technology company's stock valued at $288,000 after buying an additional 1,400 shares in the last quarter. Finally, Gilpin Wealth Management LLC acquired a new stake in Arista Networks in the third quarter valued at approximately $741,000. 82.47% of the stock is owned by institutional investors.

More Arista Networks News

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

Positive Sentiment: The rack-scale launch could broaden Arista’s addressable market as hyperscalers seek flexible, interoperable Ethernet alternatives for AI clusters. Can Arista's New Rack-Scale Ethernet Solutions for AI Stoke Growth?
Positive Sentiment: Investor commentary continues to identify ANET as a potential beneficiary of the AI infrastructure boom, with growing Ethernet demand from large cloud customers supporting the bullish outlook. Arista Networks Could Be a Key Winner From the AI Infrastructure Boom
Positive Sentiment: Arista’s strong fundamentals reinforce the growth narrative: recent revenue rose 37.7% year over year to $3.04 billion, while quarterly EPS of $1.02 exceeded the $0.89 consensus estimate. Management has raised its 2026 sales outlook three times, citing AI customers.
Neutral Sentiment: Options-market commentary describes the stock as being in a bullish trend and highlights spread trades for investors seeking shorter-term exposure, but this reflects trading sentiment rather than a change in Arista’s fundamentals. Arista Networks Stock In A Bull Trend Offers Spread Trade With A Fast Return
Negative Sentiment: Valuation remains a key risk. Arista trades at roughly 66 times earnings versus about 21 times for the S&P 500, leaving the stock vulnerable if AI-related growth slows, customer concentration weighs on results or margins come under pressure. Arista Stock Rises 64.7% YTD: Is There More Upside Ahead?
Negative Sentiment: CEO Jayshree Ullal sold 460,374 shares worth approximately $97.6 million, while CFO Chantelle Breithaupt sold 1,224 shares. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance as discretionary bearish signals but still adding selling pressure.

About Arista Networks

(Get Free Report)

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company's software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.