Jayshree Ullal,CEO of Arista Networks (NYSE:ANET), sold off a big chunk of her stock on July 9, 2026. She let go of 242,422 shares at $188.17 each, pocketing $45,616,547.74. This move cut her ownership by 4.48%,leaving her with 5,171,095 shares worth around $973 million.
She did this through a pre-set Rule 10b5-1 plan, letting execs sell shares without insider trading claims. Ullal's been busy selling lately — on May 26, she offloaded 13,809 shares for $2,140,947.36. Before that, on April 22, she parted with 428,000 shares for $75,944,320.
Back on April 21, Ullal sold 93,861 shares at $168.57 each,totaling $15,822,148.77. A day earlier,she dumped 306,139 shares for $51,220,116.09. And on April 16, she sold 350,000 shares,raking in $55,762,000 at $159.32 per share.
After her latest sale, Arista's stock dipped, dropping $5.79 to $181.17 on Monday. The trading volume hit 9.1 million shares, topping the usual 7.95 million. Arista's market cap is $228.13 billion, with a P/E ratio of 62.04 and a beta of 1.60.
Arista showed strong numbers in its last quarterly report, with $2.71 billion in revenue, beating the $2.62 billion forecast. Earnings per share came in at $0.87,above the expected $0.81. Revenue jumped 35.1% year-over-year, and they expect Q2 2026 EPS of $0.880.
Analysts are upbeat about Arista's prospects,with several recent upgrades. KeyCorp hiked its price target from $178 to $200,and JPMorgan Chase & Co. also set a $200 target, keeping an “overweight” rating . Citigroup trimmed its target to $173 from $176 but still calls it a “buy.”
Institutional investors are keen on Arista,with hedge funds making big moves. Brighton Jones LLC upped its stake by 321.7% in Q4,now holding 7,806 shares valued at $863,000. Others like Revolve Wealth Partners LLC and Bison Wealth LLC have also bought in.
Arista Networks focuses on cloud networking solutions,specializing in high-performance switching and routing for large data centers and enterprises. Their products are built for modern,software-driven networks, with a focus on programmability and automation.
