Insider Selling: Arista Networks (NYSE:ANET) Insider Sells 32,000 Shares of Stock

Arista Networks, Inc. (NYSE:ANET) insider Kenneth Duda sold 32,000 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $134.14, for a total value of $4,292,480.00. Following the sale, the insider owned 12,976 shares in the company, valued at approximately $1,740,600.64. This represents a 71.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Kenneth Duda also recently made the following trade(s):

• On Tuesday, March 17th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The shares were sold at an average price of $134.14, for a total value of $3,487,640.00.
• On Tuesday, February 17th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The shares were sold at an average price of $142.35, for a total value of $3,701,100.00.
• On Tuesday, February 17th, Kenneth Duda sold 32,000 shares of Arista Networks stock. The stock was sold at an average price of $142.44, for a total value of $4,558,080.00.
• On Tuesday, January 20th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The stock was sold at an average price of $128.43, for a total value of $3,339,180.00.
• On Tuesday, January 20th, Kenneth Duda sold 30,000 shares of Arista Networks stock. The shares were sold at an average price of $128.43, for a total transaction of $3,852,900.00.

Arista Networks Stock Performance

Shares of ANET stock traded up $0.08 during trading hours on Thursday, reaching $136.15. The company had a trading volume of 4,415,472 shares, compared to its average volume of 6,763,426. The business has a fifty day moving average price of $134.95 and a 200-day moving average price of $137.31. Arista Networks, Inc. has a one year low of $59.43 and a one year high of $164.94. The firm has a market cap of $171.07 billion, a PE ratio of 50.21, a price-to-earnings-growth ratio of 2.41 and a beta of 1.46.

Arista Networks (NYSE:ANET) last issued its quarterly earnings data 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. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. The company had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the prior year, the firm earned $0.66 earnings per share. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. Equities research analysts forecast that Arista Networks, Inc. will post 2.2 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ANET. Vanguard Group Inc. lifted its holdings in Arista Networks by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 101,189,629 shares of the technology company’s stock valued at $13,258,877,000 after purchasing an additional 1,188,799 shares in the last quarter. State Street Corp raised its position in shares of Arista Networks by 1.4% during the 4th quarter. State Street Corp now owns 46,970,697 shares of the technology company’s stock valued at $6,154,570,000 after purchasing an additional 628,146 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Arista Networks by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,171,766 shares of the technology company’s stock valued at $4,870,618,000 after buying an additional 380,724 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Arista Networks by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 26,447,629 shares of the technology company’s stock worth $3,455,095,000 after buying an additional 477,625 shares during the period. Finally, Cresset Asset Management LLC boosted its holdings in Arista Networks by 1.0% in the 2nd quarter. Cresset Asset Management LLC now owns 26,374,373 shares of the technology company’s stock worth $2,698,362,000 after buying an additional 263,272 shares during the period. 82.47% of the stock is owned by hedge funds and other institutional investors.

Key Arista Networks News

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

• Positive Sentiment: Jim Cramer mentions and media attention have kept momentum on ANET, with coverage highlighting Arista as a key data‑center / quantum/AI infrastructure pick — a likely catalyst for retail and momentum flows. Arista (ANET) Shares Higher After Jim Cramer Said It Made Sense In January 2025
• Positive Sentiment: Analyst coverage has tilted bullish recently — TD Cowen initiated coverage as a buy, and other firms (Goldman, Needham) have raised targets — supporting upside expectations and raising the consensus target. 2 AI Infrastructure Stocks TD Cowen Thinks Investors Should Own
• Positive Sentiment: Market pieces note ANET outperformed on a day the broader market dipped, signaling relative strength driven by AI/data‑center narrative and recent fundamentals. Why the Market Dipped But Arista Networks (ANET) Gained Today
• Neutral Sentiment: Street target and consensus metrics: brokerages show an average target near $176.47, which implies upside from current levels but also reflects already elevated expectations. Arista Networks, Inc. (NYSE:ANET) Receives $176.47 Consensus Target Price from Brokerages
• Negative Sentiment: An insider transaction: director Yvonne Wassenaar sold 1,395 shares (disclosed March 16), a modest-sized sale that can be read as profit‑taking and may give shorter‑term sellers a reason to trim positions. Arista Networks (NYSE:ANET) Director Yvonne Wassenaar Sells 1,395 Shares

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Rosenblatt Securities upped their price objective on Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. KeyCorp restated an “overweight” rating and set a $178.00 price target (up from $170.00) on shares of Arista Networks in a research note on Friday, February 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $188.00 price target (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Evercore reissued an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a report on Friday, February 13th. Finally, UBS Group set a $200.00 target price on shares of Arista Networks in a research report on Tuesday, February 24th. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $176.47.

Arista Networks Company Profile

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.