Arista Networks CFO sells $119,811 of company stock By Investing.com

Chantelle Breithaupt, Senior Vice President and Chief Financial Officer of Arista Networks (), disposed of 612 shares of the company’s common stock on September 1, 2026. The shares were sold at a price of $195.77 per share, totaling $119,811. The stock currently trades at $191.44, up 42% over the past six months as the company posted 32.6% revenue growth.

The transaction was executed under a Rule 10b5-1 trading plan, which Ms. Breithaupt established on December 11, 2025, and subsequently modified on June 2, 2026. Following this sale, Ms. Breithaupt directly holds 69,921 shares of Arista Networks common stock. According to InvestingPro analysis, the stock appears overvalued at current levels. Investors can access a comprehensive Pro Research Report on ANET, one of 1,400+ US equities covered with detailed analysis and actionable intelligence.

In other recent news, Arista Networks reported impressive second-quarter 2026 financial results, surpassing Wall Street estimates. The company achieved its first-ever $3 billion quarter, with revenue reaching $3.04 billion, exceeding the consensus estimate of $2.83 billion. Earnings per share also rose to $1.02, surpassing the projected $0.88. Following these results, several analyst firms have adjusted their price targets for Arista Networks. UBS increased its price target to $259, citing the strong quarterly performance. TD Cowen raised its target to $250, attributing the increase to improved supply availability. BofA Securities also adjusted its price target to $240, noting significant revenue growth. Evercore ISI set its target at $250, highlighting the company’s updated revenue guidance for 2026. These developments reflect growing confidence in Arista Networks’ performance and future prospects.

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