Arista Networks CEO Ullal sells $63 million in stock

Published 10/09/2025, 01:16
Arista Networks CEO Ullal sells $63 million in stock

Arista Networks (NASDAQ:ANET) CEO Jayshree Ullal sold a total of $63,113,565 in company stock on September 5, 2025. The sales, executed under a pre-arranged 10b5-1 trading plan, saw shares disposed of at prices ranging from $143.2081 to $145.0951. The transaction comes as the company, now valued at $178.5 billion, trades near its 52-week high of $145.46. According to InvestingPro data, Arista maintains a "GREAT" financial health score, with strong profitability metrics.

According to a Form 4 filing with the Securities and Exchange Commission, Ullal sold 128,690 shares of Arista Networks common stock held in trust for her children, realizing $17,418,070.

Ullal also sold 323,074 shares held by a family trust, generating $45,695,495.

Following these transactions, Ullal continues to hold a significant number of Arista Networks shares directly and indirectly through various trusts.

In other recent news, Arista Networks reported second-quarter results that surpassed expectations, with product billings growing over 50%. This performance has led several analyst firms to adjust their price targets for the company. Piper Sandler increased its price target from $89 to $143, maintaining a Neutral rating. KeyBanc also raised its price target to $145, highlighting strong demand in artificial intelligence and expanding opportunities in NeoClouds, Enterprise, and Campus markets. Needham revised its price target to $155, noting Arista’s robust second-quarter performance and increased growth guidance for the second half of the year. Similarly, JPMorgan raised its target to $150, citing the company’s updated fiscal year 2025 revenue growth guidance from 17% to 25%. Raymond James reiterated its Market Perform rating, observing that Arista’s remaining performance obligations and bookings matched or exceeded previous revenue and billings. These developments underscore the company’s positive trajectory in the current market landscape.

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