Insider Selling: Arista Networks (NYSE:ANET) CEO Sells $28,343,056.30 in Stock

Posted by Brenda Bartman on Oct 16th, 2026

Arista Networks, Inc. (NYSE:ANET – Get Free Report) CEO Jayshree Ullal sold 130,553 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $217.10, for a total value of $28,343,056.30. Following the transaction, the chief executive officer directly owned 4,774,691 shares in the company, valued at $1,036,585,416.10. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, October 8th, Jayshree Ullal sold 27,990 shares of Arista Networks stock. The shares were sold at an average price of $217.05, for a total transaction of $6,075,229.50.
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 shares were 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 transaction 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 transaction 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 stock was 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 stock was sold at an average price of $201.22, for a total transaction of $154,341,575.38.

Arista Networks Stock Performance

Shares of ANET stock opened at $185.53 on Friday. The company has a market capitalization of $234.00 billion, a price-to-earnings ratio of 58.53, a PEG ratio of 2.27 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 company has a 50-day simple moving average of $198.69 and a two-hundred day simple moving average of $174.33.

Arista Networks (NYSE:ANET – Get Free Report) last posted its earnings results on Tuesday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the firm earned $0.73 EPS. The company’s quarterly revenue was up 37.7% compared to the same quarter last year. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, sell-side analysts forecast that Arista Networks, Inc. will post 3.79 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ANET. Daytona Street Capital LLC bought a new stake in shares of Arista Networks in the third quarter valued at $54,000. Milestone Asset Management LLC grew its stake in shares of Arista Networks by 167.8% during the 3rd quarter. Milestone Asset Management LLC now owns 52,776 shares of the technology company’s stock worth $10,745,000 after acquiring an additional 33,071 shares during the period. Ellsworth Advisors LLC grew its stake in shares of Arista Networks by 204.3% during the 3rd quarter. Ellsworth Advisors LLC now owns 142,772 shares of the technology company’s stock worth $29,067,000 after acquiring an additional 95,851 shares during the period. Legacy Wealth Partners LLC bought a new position in shares of Arista Networks during the 3rd quarter worth $984,000. Finally, Iams Wealth Management LLC purchased a new stake in Arista Networks in the 3rd quarter worth about $6,707,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. KeyCorp reiterated an “overweight” rating and set a $250.00 price target (up from $200.00) on shares of Arista Networks in a report on Wednesday, August 5th. Weiss Ratings cut Arista Networks from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Truist Financial upped their price objective on Arista Networks from $175.00 to $234.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating on shares of Arista Networks in a research report on Wednesday, October 7th. Finally, Erste Group Bank raised Arista Networks from a “hold” rating to a “buy” rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $235.45.

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About Arista Networks

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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.