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Jayshree Ullal, CEO and Chairperson of Arista Networks (NYSE:ANET) NASDAQ:ANET, sold a total of 60,798 shares of common stock on July 25, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $149.3 billion, has demonstrated strong financial health with a 22.3% revenue growth over the last twelve months.
The sales were executed at a price of $115.0209 per share, with prices ranging from $115.00 to $115.09.
Specifically, 8,376 shares were sold from a trust for Child 1, and another 8,376 shares from a trust for Child 2, generating $1,926,830. Additionally, 43,946 shares held by a family trust were sold, totaling $5,054,708.
The sales were made under pre-arranged trading plans pursuant to Rule 10b5-1. Following these transactions, Ullal continues to hold a significant number of Arista Networks shares, both directly and indirectly through various trusts. InvestingPro data shows the company maintains strong fundamentals with a current ratio of 3.93 and holds more cash than debt on its balance sheet. For detailed valuation metrics and 15 additional ProTips, visit InvestingPro’s comprehensive analysis platform.
In other recent news, Arista Networks has made significant strides in expanding its enterprise networking capabilities through the acquisition of the VeloCloud SD-WAN portfolio from Broadcom (NASDAQ:AVGO). This move introduces new AI-driven products such as a compact fanless PoE switch and Wi-Fi 7 access points, enhancing its offerings for distributed enterprise environments. In terms of analyst activity, Erste Group upgraded Arista Networks’ stock rating to Buy from Hold, citing the company’s progress in developing a cross-vendor ecosystem. Citi also raised its price target for Arista Networks to $123, maintaining a Buy rating and expressing optimism about the company’s data center growth. Meanwhile, Goldman Sachs reiterated its Buy rating with a price target of $115, following the launch of new enterprise networking products by Arista. KeyBanc initiated coverage with an overweight rating and a $115 price target, emphasizing Arista’s leadership in cloud and data center networking. These developments reflect Arista Networks’ strategic moves and positive reception from analysts.
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