Arista Networks CEO Ullal sells $21m in ANET shares

Jayshree Ullal, the CEO and Chairperson of Arista Networks, sold a substantial amount of company stock on October 7, 2026. Through pre-arranged trading plans, she disposed of approximately 96,992 shares, amounting to about $21.06 million. The shares were traded at prices between $217.00 and $217.18 per share. One sale consisted of 27,720 shares held in trust for her children, while the other was 69,272 shares from a family trust.

These sales occurred as Arista's stock approached a 52-week high of $217.41, following a strong year-to-date return of 65%. Despite the sales, Arista Networks reported robust quarterly results, with revenue exceeding estimates and earnings per share surpassing projections. Analysts from UBS and TD Cowen raised their price targets for the company, citing improvements in supply availability and the launch of new rack scale architectures for AI fabrics.

These architectures aim to cater to next-generation AI systems with liquid-cooled racks, further bolstering the demand for networking infrastructure.