Arista Networks (NYSE:ANET) Stock Price Down 3.7% - Time to Sell?

Market Beat
2026.05.11 23:18
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Arista Networks (NYSE:ANET) shares fell 3.7% to $136.51, with trading volume up 110% from average. Analysts have mixed ratings, with target prices ranging from $173 to $200. The company reported Q1 earnings of $0.87 per share, exceeding estimates, and revenue of $2.71 billion, a 35.1% year-over-year increase. CEO Jayshree Ullal sold 428,000 shares, reducing her stake by 7.59%. Institutional investors have increased their holdings significantly, with Norges Bank acquiring a new stake worth over $1.5 billion.