Street Calls of the Week
Director Charles H. Giancarlo of Arista Networks, Inc. (NASDAQ:ANET), a prominent player in the Communications Equipment industry with a market capitalization of $180.5 billion, sold a total of $8,608,365 worth of common stock on September 19, 2025. The sales occurred in multiple transactions with prices ranging from $147.3363 to $149.845, near the stock’s 52-week high of $156.32. According to InvestingPro analysis, ANET is currently trading above its Fair Value.
The sales involved a total of 57,562 shares. 50,732 of these shares were held by a Charitable Remainder Trust for which Giancarlo is co-trustee, and 6,830 shares were held by a family trust for which Giancarlo is co-trustee. Following these transactions, Giancarlo continues to indirectly hold shares through these trusts, as well as directly holding 220,607 shares.
These sales were executed under a pre-arranged Rule 10b5-1 trading plan, which was established on June 12, 2025.
In other recent news, Arista Networks has seen a series of updates from analysts following its Analyst Day presentation. BofA Securities and Goldman Sachs both raised their price targets for Arista Networks to $175, maintaining a Buy rating. BofA highlighted Arista’s technological advancements and innovation, while Goldman Sachs pointed to the company’s updated financial framework, which includes a 20% revenue growth guidance for 2026, surpassing consensus estimates. Needham also increased its price target to $160, citing new Cloud/AI capabilities and investments in Enterprise Campus. UBS maintained its $155 price target, expressing a positive outlook for the company’s calendar year 2026. Meanwhile, Rosenblatt raised its target to $140, noting Arista’s shift toward cloud integration and other advanced strategies. These developments reflect a general confidence among analysts regarding Arista Networks’ strategic direction and growth potential.
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