Arista Networks (NYSE:ANET) CEO Sells 27,990 Shares of Stock

Arista Networks, Inc. (NYSE:ANET) CEO Jayshree Ullal sold 27,990 shares of the business’s stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $217.05, for a total value of $6,075,229.50. Following the completion of the sale, the chief executive officer owned 4,793,347 shares of the company’s stock, valued at $1,040,395,966.35. This trade represents a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Jayshree Ullal sold 130,553 shares of Arista Networks stock. The shares were sold at an average price of $217.10, for a total value of $28,343,056.30.
• On Wednesday, October 7th, Jayshree Ullal sold 96,992 shares of Arista Networks stock. The shares were sold at an average price of $217.14, for a total value of $21,060,842.88.
• On Tuesday, October 6th, Jayshree Ullal sold 460,374 shares of Arista Networks stock. The stock was sold at an average price of $212.09, for a total value of $97,640,721.66.
• On Friday, September 25th, Jayshree Ullal sold 62,622 shares of Arista Networks stock. The stock was 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 stock was 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 shares were 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 transaction 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 transaction of $154,341,575.38.

Arista Networks Stock Performance

NYSE:ANET traded down $6.54 during mid-day trading on Tuesday, reaching $204.34. 7,980,932 shares of the company’s stock were exchanged, compared to its average volume of 4,906,526. Arista Networks, Inc. has a one year low of $114.52 and a one year high of $217.41. The firm has a market capitalization of $257.72 billion, a PE ratio of 66.73, a price-to-earnings-growth ratio of 2.45 and a beta of 1.60. The business’s fifty day simple moving average is $198.89 and its two-hundred day simple moving average is $173.36.

Arista Networks (NYSE:ANET) last issued 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%. The business’s revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, equities research analysts forecast that Arista Networks, Inc. will post 3.79 EPS for the current year.

Institutional Investors Weigh In On Arista Networks

Several institutional investors and hedge funds have recently bought and sold shares of ANET. Main Street Group LTD acquired a new stake in shares of Arista Networks during the 1st quarter worth approximately $26,000. Sankala Group LLC bought a new position in Arista Networks in the fourth quarter valued at approximately $27,000. ABS Investment Management LLC bought a new position in Arista Networks in the second quarter valued at approximately $29,000. ABS Direct Equity Fund LLC acquired a new position in Arista Networks during the second quarter valued at approximately $29,000. Finally, Hilton Head Capital Partners LLC raised its position in Arista Networks by 184.9% during the first quarter. Hilton Head Capital Partners LLC now owns 245 shares of the technology company’s stock valued at $30,000 after purchasing an additional 159 shares in the last quarter. Institutional investors own 82.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ANET shares. Jefferies Financial Group set a $250.00 price target on shares of Arista Networks in a research report on Wednesday, August 5th. Piper Sandler reiterated an “overweight” rating and issued a $240.00 price target (up from $181.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Truist Financial increased their price target on Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. KeyCorp restated an “overweight” rating and set a $250.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Finally, Needham & Company LLC restated a “buy” rating and set a $260.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $235.45.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Arista introduced an open Ethernet rack-scale portfolio designed to connect accelerators across liquid-cooled racks for large AI workloads. The launch strengthens its positioning in high-density AI infrastructure and could expand its addressable market. Arista Networks Stock Dropped, What Is Behind the Fresh Attention?
• Positive Sentiment: Erste Group Bank raised its Arista Networks FY2026 EPS estimate to $3.79 from $3.78 and its FY2027 estimate to $4.74 from $4.73, while maintaining a Buy rating. The increases are modest but reinforce expectations for continued earnings growth.
• Positive Sentiment: Arista’s revenue outlook was reportedly raised for the third time this year, while non-cancellable purchase commitments increased 2.7 times to $9.7 billion, suggesting strong customer demand and future visibility. Arista Networks Prospects and Earnings

About Arista Networks

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.