Arista Networks director Mark Templeton sells $829,255 in shares
Arista Networks' director, Mark B. Templeton, sold 5,000 shares of the company's stock on November 2, 2026. These shares were sold at prices ranging from $164.0672 to $168.848 per share, with the total sale amounting to $829,255. The transactions were carried out under a pre-existing Rule 10b5-1 trading plan, which was established on June 9, 2026.
As of the current trading price of $178.48, the stock has seen a 3.1% decline over the past week. Despite this recent drop, Arista Networks has still managed to achieve a 36% return for the year to date. The sales were spread across several transactions: 1,400 shares were sold at an average price of $164.0672, 1,200 shares at $165.0033, 900 shares at $166.3643, 1,000 shares at $167.4054, and 500 shares at $168.848.
Post the sale, Mr. Templeton retains 43,410 shares directly, along with an additional 75,200 shares held indirectly through a trust managed by his spouse. Financial analysts at Piper Sandler, Truist Securities, Melius, Morgan Stanley, and UBS have all raised their price targets for Arista Networks, reflecting optimism about the company's future growth.
These analysts highlight strong profitability, impressive quarterly results, and robust growth projections for the upcoming years.
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