Arista Networks (NYSE:ANET) Insider Sells $4,482,560.00 in Stock

Arista Networks, Inc. (NYSE:ANET) insider Kenneth Duda sold 32,000 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $140.08, for a total transaction of $4,482,560.00. Following the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $1,817,678.08. This represents a 71.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, May 18th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The stock was sold at an average price of $140.08, for a total transaction of $3,642,080.00.
• On Friday, April 17th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The stock was sold at an average price of $163.31, for a total transaction of $4,246,060.00.
• On Friday, April 17th, Kenneth Duda sold 32,000 shares of Arista Networks stock. The stock was sold at an average price of $163.31, for a total transaction of $5,225,920.00.
• On Tuesday, March 17th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The stock was sold at an average price of $134.14, for a total transaction of $3,487,640.00.
• On Tuesday, March 17th, Kenneth Duda sold 32,000 shares of Arista Networks stock. The stock was sold at an average price of $134.14, for a total transaction of $4,292,480.00.

Arista Networks Stock Performance

Shares of NYSE ANET traded down $1.26 during midday trading on Wednesday, hitting $140.32. The company’s stock had a trading volume of 9,597,703 shares, compared to its average volume of 8,749,498. Arista Networks, Inc. has a 1-year low of $83.86 and a 1-year high of $179.80. The firm’s fifty day moving average price is $144.78 and its 200-day moving average price is $137.26. The firm has a market cap of $176.69 billion, a P/E ratio of 48.06, a P/E/G ratio of 2.18 and a beta of 1.67.

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

Arista Networks News Summary

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

• Positive Sentiment: Arista was named a Leader in the 2026 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN, reinforcing its momentum in campus networking and its push into AI-optimized connectivity. Article: Arista Networks Positioned as a Leader in the 2026 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN
• Positive Sentiment: Raymond James upgraded ANET to Outperform with a $164 target, while other commentary highlighted Arista as well-positioned for next-gen AI data center networking demand. Article: Raymond James flips Arista (ANET) to outperform with $164 target
• Positive Sentiment: An updated valuation model raised Arista’s fair value estimate to $188.20 from $180.33, reflecting improving expectations around Ethernet-based AI data center networking demand. Article: How The AI Data Center Story Is Reframing Arista Networks (ANET) Valuation And Expectations
• Neutral Sentiment: Arista was included in screens of high-ROE stocks and low-leverage stocks, which supports the investment case but does not materially change the near-term operating outlook. Article: 5 Stocks With High ROE to Profit as Markets Skid on Tech Slump
• Neutral Sentiment: Broader coverage continued to frame ANET as a long-term winner in AI data center upgrades, helped by strong Q1 revenue growth and upbeat guidance already reported earlier this month. Article: Why Arista Networks (ANET) Is Central to AI Data Center Networking Upgrades

Analyst Upgrades and Downgrades

ANET has been the subject of several research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $185.00 price target on shares of Arista Networks in a report on Wednesday, May 6th. Zacks Research lowered shares of Arista Networks from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 14th. Susquehanna raised shares of Arista Networks to a “strong-buy” rating in a report on Wednesday, April 1st. Piper Sandler reaffirmed an “overweight” rating and issued a $181.00 price target (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Finally, UBS Group reiterated a “buy” rating and issued a $187.00 price objective (up from $177.00) 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 assigned 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 “Buy” and an average target price of $181.84.

Institutional Trading of Arista Networks

Several hedge funds have recently bought and sold shares of ANET. Intrua Financial LLC raised its holdings in shares of Arista Networks by 2.7% in the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after purchasing an additional 61 shares in the last quarter. NBT Bank N A NY grew its position in Arista Networks by 37.2% during the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock valued at $30,000 after purchasing an additional 67 shares in the last quarter. Hoxton Planning & Management LLC grew its holdings in shares of Arista Networks by 4.1% during the 1st quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock valued at $214,000 after acquiring an additional 68 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Arista Networks by 0.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock valued at $2,133,000 after acquiring an additional 70 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its position in Arista Networks by 8.8% during the first quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock worth $107,000 after buying an additional 70 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

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.