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Yvonne Wassenaar, a director at Arista Networks , Inc. (NYSE:ANET), recently sold shares of the company’s common stock, according to a filing submitted to the Securities and Exchange Commission. The transactions, executed on May 21, 2025, involved the sale of 168 shares totaling approximately $15,825. According to InvestingPro data, the stock currently trades at a P/E ratio of 37.9x, suggesting a premium valuation relative to its near-term earnings growth.
The sales were conducted under a Rule 10b5-1 trading plan, which Wassenaar adopted on September 13, 2024. The prices for the transactions varied, with shares sold at prices ranging from $92.6771 to $95.34. Following these transactions, Wassenaar’s direct holdings in Arista Networks decreased to 12,476 shares. InvestingPro analysis shows the company maintains strong financial health with a current ratio of 3.93x and holds more cash than debt on its balance sheet.
Arista Networks is a well-known provider of cloud networking solutions, and its stock is actively traded on the New York Stock Exchange under the ticker symbol ANET. The company has demonstrated robust performance with a revenue growth of 22.3% and maintains a strong market position with a market capitalization of $114.3 billion. For deeper insights into insider trading patterns and comprehensive analysis, investors can access the full Pro Research Report on InvestingPro.
In other recent news, Arista Networks reported its first-quarter earnings for 2025, surpassing analysts’ expectations with an EPS of $0.65 against the forecasted $0.59, and revenue reaching $2.01 billion, exceeding the expected $1.97 billion. Citi analysts responded by raising their price target for Arista Networks to $112, reflecting confidence in the company’s market share growth in the Ethernet AI back-end sector. Meanwhile, Barclays (LON:BARC) adjusted Arista Networks’ price target to $119, acknowledging the company’s strong first-quarter results and setting higher-than-anticipated second-quarter guidance. However, Barclays expressed caution due to uncertainties surrounding tariffs.
Needham analysts also revised their price target for Arista Networks, lowering it to $130, despite the company’s robust first-quarter performance and increased second-quarter guidance. The adjustment was attributed to a broad compression of multiples across the technology sector. Arista Networks’ management remains optimistic about achieving a long-term revenue goal of $10 billion earlier than planned, with potential for $11 billion by 2027, according to Barclays’ projections. Despite these positive developments, the company has expressed caution regarding the impact of high U.S. tariffs, which could affect business and gross margins.
Citi analysts have maintained their Buy rating on Arista Networks, projecting strong data center spending in the coming years and increasing their earnings per share estimates for 2025, 2026, and 2027 by 4%, 7%, and 6%, respectively. Arista Networks continues to show significant growth in AI networking infrastructure, contributing to a 27.6% year-over-year increase in revenue. The company is also progressing well with its four AI back-end customers, expected to contribute $750 million in revenue by the end of the year.
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