Arista Networks (NYSE:ANET) Major Shareholder Andreas Bechtolsheim Sells 300,000 Shares of Stock

Posted by Brenda Bartman on Sep 21st, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report) major shareholder Andreas Bechtolsheim sold 300,000 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $198.95, for a total value of $59,685,000.00. Following the completion of the sale, the insider owned 180,543,048 shares of the company’s stock, valued at approximately $35,919,039,399.60. This trade represents a 0.17% decrease in their ownership of the stock. 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. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Andreas Bechtolsheim also recently made the following trade(s):

On Thursday, August 27th, Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock. The shares were sold at an average price of $202.60, for a total transaction of $60,780,000.00.
On Thursday, August 6th, Andreas Bechtolsheim sold 111,848 shares of Arista Networks stock. The shares were sold at an average price of $192.75, for a total transaction of $21,558,702.00.
On Wednesday, August 5th, Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock. The shares were sold at an average price of $203.30, for a total transaction of $60,990,000.00.
On Thursday, July 2nd, Andreas Bechtolsheim sold 240,000 shares of Arista Networks stock. The stock was sold at an average price of $162.67, for a total transaction of $39,040,800.00.
On Wednesday, July 1st, Andreas Bechtolsheim sold 260,000 shares of Arista Networks stock. The stock was sold at an average price of $164.22, for a total transaction of $42,697,200.00.

Arista Networks Stock Up 3.0%

Shares of ANET traded up $5.98 during trading hours on Monday, reaching $205.37. 4,947,437 shares of the company traded hands, compared to its average volume of 4,802,623. The business has a fifty day moving average price of $188.10 and a 200-day moving average price of $165.18. Arista Networks, Inc. has a 12-month low of $114.52 and a 12-month high of $214.89. The stock has a market capitalization of $259.02 billion, a P/E ratio of 64.79, a P/E/G ratio of 2.37 and a beta of 1.62.

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 company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a return on equity of 30.65% and a net margin of 38.37%.The firm’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter last year, the business posted $0.73 EPS. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. As a group, research analysts predict that Arista Networks, Inc. will post 3.7 EPS for the current fiscal year.

Institutional Investors Weigh In On Arista Networks

A number of hedge funds have recently modified their holdings of the company. ABS Investment Management LLC acquired a new stake in shares of Arista Networks during the 2nd quarter worth approximately $29,000. ABS Direct Equity Fund LLC acquired a new position in Arista Networks in the second quarter valued at approximately $29,000. Kelleher Financial Advisors purchased a new position in Arista Networks in the second quarter worth approximately $31,000. Cornerstone Financial Management LLC grew its position in Arista Networks by 61.9% in the second quarter. Cornerstone Financial Management LLC now owns 183 shares of the technology company’s stock worth $31,000 after acquiring an additional 70 shares during the period. Finally, Sankala Group LLC acquired a new stake in Arista Networks during the fourth quarter worth $27,000. Hedge funds and other institutional investors own 82.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on ANET. Weiss Ratings upgraded shares of Arista Networks from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Jefferies Financial Group set a $250.00 price objective on shares of Arista Networks in a research note on Wednesday, August 5th. The Goldman Sachs Group reissued a “buy” rating and set a $225.00 price target on shares of Arista Networks in a report on Wednesday, August 5th. Truist Financial increased their target price on shares of Arista Networks from $175.00 to $234.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a report on Monday, August 31st. They issued a “buy” rating and a $220.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating and twenty-one have issued a Buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $227.80.

Get Our Latest Report on ANET

Arista Networks Company Profile

(Get Free Report)

Arista Networks, Inc designs, develops and sells cloud networking solutions for large data centers, cloud service providers, internet companies, enterprises and other organizations. Its portfolio includes high-performance Ethernet switches, routers and wireless networking products used to connect servers, storage systems, users and applications across data center and campus environments.

The company’s software offerings include Arista EOS, its Linux-based network operating system, and CloudVision, a cloud-based platform for network management, automation, monitoring and analytics.