{
  "id": 14322520,
  "title": "Arista Networks CEO Ullal sells $34.4m in company stock",
  "url": "https://urgent.news/2026/10/13/arista-networks-ceo-ullal-sells-34-4m-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T23:32:43.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/arista-networks-ceo-ullal-sells-344m-in-company-stock-93CH-4947722"
  },
  "original_language": "en",
  "account": "Arista Networks CEO Jayshree Ullal sold a total of 158,543 shares of the company's common stock, amounting to approximately $34.4 million, on October 8 and 9, 2026. The sales were made under Rule 10b5-1 trading plans, adopted on November 14, 2025. The transactions took place as the stock price was near its 52-week high of $217.41, with a 56% increase year-to-date. Arista Networks' market capitalization stands at $266 billion, and the stock trades at a P/E ratio of 64.68, signaling potential overvaluation. Ullal sold 8,000 shares on October 8, followed by 37,312 shares on October 9, and another 19,990 shares held by a family trust on October 8, with another 93,241 shares sold on October 9. These sales, conducted in the family trust, were valued at $24,581,025. Ullal continues to hold shares directly and indirectly through trusts for relatives, disclaiming beneficial ownership. Arista Networks recently reported strong quarterly results with revenue of $3.04 billion and earnings per share of $1.02, both surpassing estimates. The company's leadership raised its price target to $259, and TD Cowen increased its target to $250, citing improved supply availability. Arista Networks has also introduced new rack scale architectures for AI fabrics, leading to an Outperform rating from Evercore ISI with a $250 price target.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Trupanion CEO Margaret Tooth sells $25,840 in company stock",
        "url": "https://urgent.news/2026/10/13/trupanion-ceo-margaret-tooth-sells-25-840-in-company-stock",
        "published": "2026-10-13T23:01:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}