TLDR
- Arista Networks (ANET) stock traded near $180 on Friday, down about 3%.
- CEO Jayshree Ullal sold 158,543 units of stock for $34.4 million on Oct. 8 and 9.
- The sales were made under a Rule 10b5-1 plan adopted Nov. 14, 2025.
- The stock hit a record close of $216.74 on Oct. 9 and is up 39% this year, per Barronās.
- Arista reports third-quarter earnings on Nov. 3 and has guided for $3.3 billion in revenue.
Arista Networks (ANET) stock is trading near $180 on Friday, down about 3% in morning action. The drop follows news that CEO Jayshree Ullal sold $34 million in stock.
The stock was at $179.61 at 11:12 AM ET, down $5.97 on the day. Its range so far is $179.21 to $184.70.
Volume was 2.2 million at that point, well below the 6.1 million average. The 52-week range runs from $114.52 to $217.41.
Details of the Ullal Sale
An SEC filing shows Ullal sold 158,543 of her Arista stock on Oct. 8 and Oct. 9. Prices ranged from $217 to $217.35, for a total of $34.4 million.
The stock was held in three trusts, two of them for her children. She still holds nearly 25 million units indirectly and 9,917 directly.
Those holdings equal about 2% of Aristaās 1.26 billion outstanding stock. Based on Thursdayās close of $185.58, her stake was worth over $4.6 billion.
The sales fall under a Rule 10b5-1 trading plan adopted on Nov. 14, 2025. These plans are meant to shield insiders from claims of illegal trading.
The plan allows sales of up to 5,726,000 units of common stock. It also covers an unspecified number tied to performance-restricted stock unit grants, and it expires on Feb. 20, 2027.
Bloombergās Billionaires Index puts her net worth at about $7.76 billion. More than half of that is tied to Arista.
Record Highs and the AI Push
Her sales landed right at the peak. Arista touched $217.41 and closed at a record $216.74 on Oct. 9 before backing off.
Barronās says the stock is up 39% this year, against 13% for the S&P 500. It has gained 35% since Barronās named it a stock pick in November 2025.
The Motley Fool notes Arista has also outpaced both Cisco and Nvidia in 2026. Not bad for a networking name that rarely grabs the AI spotlight.
On Oct. 7, Arista announced a rack-scale networking design with partners including AMD, Broadcom, Meta, Microsoft and Qualcomm. The Etherlink SU-144 links up to 144 AI accelerators in a single hop and scales to 1,024 across racks.
In June, Arista launched its 7060XE7 Series for AI data centers. It supports 1.6 terabit per second connections and about 100 terabits per second of total system bandwidth.
Second-quarter revenue came in at $3.03 billion, up 37.7% from a year ago. Net income was $1.21 billion, and diluted earnings per share were $0.95, up from $0.70.
Arista reports third-quarter earnings on Nov. 3. It has guided for revenue of $3.3 billion and diluted earnings per share of $1.06 to $1.08.
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