Arista Networks (NYSE:ANET) Insider Sells $4,292,480.00 in Stock

Arista Networks, Inc. (NYSE:ANET) insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $134.14, for a total value of $4,292,480.00. Following the completion of the transaction, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $1,740,600.64. This trade represents a 71.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 value of $3,487,640.00.
• On Tuesday, February 17th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The stock was sold at an average price of $142.35, for a total value of $3,701,100.00.
• On Tuesday, February 17th, Kenneth Duda sold 32,000 shares of Arista Networks stock. The stock was sold at an average price of $142.44, for a total value of $4,558,080.00.
• On Tuesday, January 20th, Kenneth Duda sold 26,000 shares of Arista Networks stock. The shares were sold at an average price of $128.43, for a total transaction of $3,339,180.00.
• On Tuesday, January 20th, Kenneth Duda sold 30,000 shares of Arista Networks stock. The shares were sold at an average price of $128.43, for a total transaction of $3,852,900.00.

Arista Networks Price Performance

Shares of ANET stock traded up $0.08 during mid-day trading on Thursday, hitting $136.15. The company had a trading volume of 4,415,472 shares, compared to its average volume of 6,763,426. The stock’s 50 day moving average price is $134.95 and its 200-day moving average price is $137.31. Arista Networks, Inc. has a 52-week low of $59.43 and a 52-week high of $164.94. The company has a market capitalization of $171.07 billion, a P/E ratio of 50.21, a P/E/G ratio of 2.41 and a beta of 1.46.

Arista Networks (NYSE:ANET) last posted its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.07. The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.38 billion. Arista Networks had a net margin of 38.99% and a return on equity of 30.37%. Arista Networks’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the company posted $0.66 earnings per share. On average, equities research analysts expect that Arista Networks, Inc. will post 2.2 earnings per share for the current year.

Key Stories Impacting Arista Networks

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

• Positive Sentiment: Jim Cramer mentions and media attention have kept momentum on ANET, with coverage highlighting Arista as a key data‑center / quantum/AI infrastructure pick — a likely catalyst for retail and momentum flows. Arista (ANET) Shares Higher After Jim Cramer Said It Made Sense In January 2025
• Positive Sentiment: Analyst coverage has tilted bullish recently — TD Cowen initiated coverage as a buy, and other firms (Goldman, Needham) have raised targets — supporting upside expectations and raising the consensus target. 2 AI Infrastructure Stocks TD Cowen Thinks Investors Should Own
• Positive Sentiment: Market pieces note ANET outperformed on a day the broader market dipped, signaling relative strength driven by AI/data‑center narrative and recent fundamentals. Why the Market Dipped But Arista Networks (ANET) Gained Today
• Neutral Sentiment: Street target and consensus metrics: brokerages show an average target near $176.47, which implies upside from current levels but also reflects already elevated expectations. Arista Networks, Inc. (NYSE:ANET) Receives $176.47 Consensus Target Price from Brokerages
• Negative Sentiment: An insider transaction: director Yvonne Wassenaar sold 1,395 shares (disclosed March 16), a modest-sized sale that can be read as profit‑taking and may give shorter‑term sellers a reason to trim positions. Arista Networks (NYSE:ANET) Director Yvonne Wassenaar Sells 1,395 Shares

Analysts Set New Price Targets

ANET has been the topic of a number of research analyst reports. Needham & Company LLC boosted their target price on Arista Networks from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Piper Sandler reaffirmed an “overweight” rating and issued a $175.00 price objective (up from $159.00) on shares of Arista Networks in a research note on Friday, February 13th. Rosenblatt Securities increased their price objective on shares of Arista Networks from $140.00 to $165.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Barclays restated an “overweight” rating and issued a $184.00 target price (up from $183.00) on shares of Arista Networks in a report on Friday, February 13th. Finally, Morgan Stanley restated an “overweight” rating and set a $165.00 target price on shares of Arista Networks in a research report on Friday, February 13th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $176.47.

Hedge Funds Weigh In On Arista Networks

Several hedge funds have recently added to or reduced their stakes in the company. Walkner Condon Financial Advisors LLC boosted its position in shares of Arista Networks by 0.4% during the third quarter. Walkner Condon Financial Advisors LLC now owns 18,509 shares of the technology company’s stock valued at $2,697,000 after buying an additional 70 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Arista Networks by 0.4% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after buying an additional 70 shares during the period. AdvisorNet Financial Inc grew its holdings in Arista Networks by 56.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock worth $29,000 after acquiring an additional 72 shares in the last quarter. United Asset Strategies Inc. boosted its stake in shares of Arista Networks by 1.2% during the fourth quarter. United Asset Strategies Inc. now owns 6,311 shares of the technology company’s stock valued at $827,000 after purchasing an additional 72 shares in the last quarter. Finally, Crown Wealth Group LLC lifted its holdings in Arista Networks by 2.4% during the third quarter. Crown Wealth Group LLC now owns 3,175 shares of the technology company’s stock worth $463,000 after buying an additional 75 shares during the period. 82.47% of the stock is currently owned by institutional investors.

About Arista Networks

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.