Kelly Bodnar Battles Sells 422 Shares of Arista Networks (NYSE:ANET) Stock

Posted by Brian Himes on May 26th, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report) Director Kelly Bodnar Battles sold 422 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the transaction, the director directly owned 10,078 shares of the company’s stock, valued at $1,475,822.32. This represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arista Networks Trading Up 2.7%

ANET traded up $4.18 on Tuesday, hitting $158.21. 11,821,645 shares of the stock traded hands, compared to its average volume of 12,293,195. Arista Networks, Inc. has a 52 week low of $83.86 and a 52 week high of $179.80. The firm has a market capitalization of $199.22 billion, a PE ratio of 54.18, a P/E/G ratio of 2.37 and a beta of 1.67. The business has a fifty day moving average price of $146.24 and a two-hundred day moving average price of $137.17.

Arista Networks (NYSE:ANET – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 35.1% compared to the same quarter last year. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, equities research analysts forecast that Arista Networks, Inc. will post 3.28 EPS for the current fiscal year.

Analyst Ratings Changes

ANET has been the topic of a number of research analyst reports. Raymond James Financial upgraded Arista Networks from a “market perform” rating to an “outperform” rating and set a $164.00 price target on the stock in a research report on Friday, May 15th. Needham & Company LLC restated a “buy” rating and set a $185.00 price target on shares of Arista Networks in a research report on Wednesday, May 6th. Rosenblatt Securities increased their price target on Arista Networks from $180.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. TD Cowen restated a “buy” rating and set a $200.00 price target (up from $170.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Finally, Piper Sandler restated an “overweight” rating and set a $181.00 price target (up from $175.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $181.84.

Get Our Latest Analysis on Arista Networks

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Knuff & Co LLC acquired a new position in Arista Networks during the 3rd quarter worth $29,000. Board of the Pension Protection Fund acquired a new position in Arista Networks during the 4th quarter worth $26,000. Sankala Group LLC acquired a new position in Arista Networks during the 4th quarter worth $27,000. Prosperity Bancshares Inc acquired a new position in Arista Networks during the 4th quarter worth $28,000. Finally, Main Street Group LTD acquired a new position in shares of Arista Networks in the 1st quarter valued at $26,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

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.