Arista Networks CEO Ullal sells $21.06m in shares

Arista Networks CEO Jayshree Ullal recently sold 96,992 shares of the company's common stock on October 7, 2026, for around $21.06 million. The shares were sold at prices between $217.00 and $217.18, slightly below Arista's 52-week high of $217.41. This move comes as the company's stock has risen 65% year-to-date and 47% over the past six months.

Ullal's share sales were carried out under pre-established Rule 10b5-1 trading plans, which she adopted on November 14, 2025. The transactions included the sale of 27,720 shares valued at $6,019,142, which were distributed among her relatives through trusts for her children. Another 69,272 shares were sold for $15,041,777, held by a family trust for which Ullal acts as a co-trustee.

Despite the sales, Arista Networks has reported strong financial results, with revenue of $3.04 billion and earnings per share of $1.02, both surpassing analyst estimates. Following the positive earnings report, UBS increased its price target for Arista Networks to $259, while TD Cowen raised its target to $250. Evercore ISI also maintained an Outperform rating, highlighting the company's position in networking security and its new AI fiber architectures.