ANET at highs with insider selling; mean reversion risk
Expected move: 3–6% from event-day close
Full thesis
ANET is at its 52-week high ($164.23) following an extreme 11.46% 1-week rally, creating mean reversion risk. Insiders have sold $59.4M (11 sells, 0 buys in 90 days), suggesting profit-taking ahead of earnings. With no earnings history to anchor expectations, a P/E of 56.1, and sell-the-news probability at 50%, the stock is vulnerable to a post-earnings pullback. Recent analyst upgrade to Buy is offset by negative revision trends (0 up / 1 down).
ANET Earnings
Tuesday, May 05 2026
EPS Estimate
$0.81
$0.79 – $0.85
Revenue Estimate
$2.6B
Current Price
$164.23
Our Position
bullish · highJPMorgan Raises ANET Price Target to $200
structured data
est. revisions stable
(+0.2pp / 30d)
The strong analyst upgrades and solid revenue growth confirm Arista's leadership in AI-driven data center networking, but large insider sales signal caution on near-term valuation and momentum.
Watch: Upcoming earnings will reveal if hyperscaler demand and AI chip shortages sustain Arista's growth trajectory amid insider selling pressure.
Data Signal Summary
1 bullish
2 bearish
Insider selling cluster
Put/call 0.6 (bullish skew)
Price downtrend
Key Context
Analyst Consensus
mixed
Insider Activity
selling
Price Trend
downtrend
From 52w High
0.0%
P/E Ratio
56.1
Est. Revisions (30d)
+0.2% 0up/1dn
Analyst Target (mean)
$177 $140–$220 +8%
Options P/C Ratio
0.63
Est. Dispersion
7% 23 analysts
Insider Cluster
strong sell
Fund Convergence
strong D.E. Shaw, Citadel, Two Sigma, Bridgewater, Renaissance
Recent Activity
insider trades
124 transactions
Sell
·
WASSENAAR YVONNE (Director)
·1,395 shares
·$213,533
Other
·
NIGHTINGALE TODD (President)
·10,360 shares
Other
·
LAVENDER ROBERT G (Director)
·808 shares
Other
·
DUDA KENNETH (Chief Technology Officer)
·6,100 shares
Other
·
MCCOOL JOHN F. (Officer)
·3,193 shares
119 more
Other
·
WASSENAAR YVONNE
·212 shr
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,007,603
Sell
·
DUDA KENNETH
·58,000 shr
·$7,780,319
Exercise
·
DUDA KENNETH
·32,000 shr
·$488,400
Sell
·
WASSENAAR YVONNE
·1,395 shr
·$187,404
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,029,372
Sell
·
WASSENAAR YVONNE
·1,815 shr
·$240,380
Sell
·
BATTLES KELLY BODNAR
·422 shr
·$54,042
Other
·
TEMPLETON MARK B
·971 shr
Other
·
GIANCARLO CHARLES H
·971 shr
Other
·
SCHEINMAN DANIEL
·971 shr
Other
·
ULLAL JAYSHREE
·224,356 shr
Other
·
CHEW LEWIS
·971 shr
Other
·
DUDA KENNETH
·109,246 shr
Other
·
WASSENAAR YVONNE
·971 shr
Other
·
BATTLES KELLY BODNAR
·971 shr
Other
·
BREITHAUPT CHANTELLE YVETTE
·42,534 shr
Sell
·
DUDA KENNETH
·58,000 shr
·$8,259,002
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,123,469
Sell
·
DUDA KENNETH
·56,000 shr
·$7,192,212
Exercise
·
DUDA KENNETH
·30,000 shr
·$105,450
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,070,291
Sell
·
DUDA KENNETH
·56,000 shr
·$6,896,722
Exercise
·
DUDA KENNETH
·30,000 shr
·$105,450
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,024,749
Sell
·
ULLAL JAYSHREE
·24,042 shr
·$2,994,534
Sell
·
BATTLES KELLY BODNAR
·422 shr
·$49,436
Other
·
ULLAL JAYSHREE
·48,260 shr
Other
·
DUDA KENNETH
·35,396 shr
Other
·
BREITHAUPT CHANTELLE YVETTE
·10,916 shr
Other
·
LAVENDER ROBERT G
·807 shr
Sell
·
DUDA KENNETH
·56,000 shr
·$7,202,391
Other
·
ULLAL JAYSHREE
·935,000 shr
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,256,957
Sell
·
DUDA KENNETH
·56,000 shr
·$7,993,813
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$1,179,890
Sell
·
GIANCARLO CHARLES H
·58,000 shr
·$8,608,365
Sell
·
DUDA KENNETH
·56,000 shr
·$7,940,524
Sell
·
ULLAL JAYSHREE
·1,247,688 shr
·$185,323,061
Sell
·
ULLAL JAYSHREE
·56,548 shr
·$8,117,895
Sell
·
ULLAL JAYSHREE
·438,764 shr
·$63,113,566
Sell
·
ULLAL JAYSHREE
·24,040 shr
·$3,191,740
Other
·
ULLAL JAYSHREE
·48,256 shr
Other
·
DUDA KENNETH
·15,576 shr
Other
·
BREITHAUPT CHANTELLE YVETTE
·10,920 shr
Other
·
WASSENAAR YVONNE
·1,000 shr
Sell
·
DUDA KENNETH
·56,000 shr
·$7,644,367
Exercise
·
DUDA KENNETH
·30,000 shr
·$105,450
Sell
·
ULLAL JAYSHREE
·192,979 shr
·$26,953,512
Sell
·
ULLAL JAYSHREE
·345,856 shr
·$48,395,902
Sell
·
ULLAL JAYSHREE
·1,785,165 shr
·$243,176,281
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$936,044
Sell
·
ULLAL JAYSHREE
·880,180 shr
·$109,841,571
Sell
·
ULLAL JAYSHREE
·288,820 shr
·$35,290,438
Sell
·
ULLAL JAYSHREE
·588,000 shr
·$70,061,858
Sell
·
ULLAL JAYSHREE
·527,302 shr
·$60,949,419
Sell
·
ULLAL JAYSHREE
·60,698 shr
·$6,981,539
Sell
·
BATTLES KELLY BODNAR
·864 shr
·$99,081
Sell
·
DUDA KENNETH
·56,000 shr
·$6,226,748
Exercise
·
DUDA KENNETH
·30,000 shr
·$105,450
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$794,906
Sell
·
ULLAL JAYSHREE
·841,912 shr
·$86,236,431
Sell
·
ULLAL JAYSHREE
·2,016 shr
·$205,616
Sell
·
ULLAL JAYSHREE
·117,782 shr
·$12,017,580
Sell
·
DUDA KENNETH
·56,000 shr
·$5,164,868
Other
·
GIANCARLO CHARLES H
·50,000 shr
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$705,440
Sell
·
WASSENAAR YVONNE
·168 shr
·$15,826
Other
·
TEMPLETON MARK B
·844 shr
Other
·
GIANCARLO CHARLES H
·844 shr
Other
·
SCHEINMAN DANIEL
·844 shr
Other
·
CHEW LEWIS
·844 shr
Other
·
WASSENAAR YVONNE
·844 shr
Other
·
BATTLES KELLY BODNAR
·844 shr
Other
·
LAVENDER ROBERT G
·810 shr
Other
·
WASSENAAR YVONNE
·2,304 shr
Sell
·
DUDA KENNETH
·160,000 shr
·$14,411,584
Exercise
·
DUDA KENNETH
·80,000 shr
·$281,200
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$708,675
Sell
·
BATTLES KELLY BODNAR
·1,492 shr
·$102,180
Sell
·
DUDA KENNETH
·159,970 shr
·$10,683,848
Sell
·
DUDA KENNETH
·30 shr
·$2,112
Exercise
·
DUDA KENNETH
·80,000 shr
·$5,453,600
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$620,386
Sell
·
DUDA KENNETH
·160,000 shr
·$13,576,071
Exercise
·
DUDA KENNETH
·80,000 shr
·$322,304
Sell
·
TAXAY MARC
·51,848 shr
·$4,593,257
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$712,235
Sell
·
MCCOOL JOHN F.
·17,433 shr
·$1,683,584
Sell
·
ULLAL JAYSHREE
·138,351 shr
·$12,988,491
Sell
·
MCCOOL JOHN F.
·17,433 shr
·$1,623,655
Sell
·
WASSENAAR YVONNE
·168 shr
·$17,233
Other
·
ULLAL JAYSHREE
·318,932 shr
Other
·
TAXAY MARC
·101,308 shr
Other
·
DUDA KENNETH
·131,440 shr
Other
·
MCCOOL JOHN F.
·67,220 shr
Other
·
BREITHAUPT CHANTELLE YVETTE
·59,524 shr
Sell
·
MCCOOL JOHN F.
·112 shr
·$11,436
Sell
·
BATTLES KELLY BODNAR
·1,488 shr
·$159,409
Sell
·
DUDA KENNETH
·160,000 shr
·$18,497,049
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$896,158
Sell
·
WASSENAAR YVONNE
·168 shr
·$20,331
Sell
·
DUDA KENNETH
·160,000 shr
·$18,955,756
Sell
·
GIANCARLO CHARLES H
·8,000 shr
·$892,090
Other
·
ULLAL JAYSHREE
·936,000 shr
Sell
·
MCCOOL JOHN F.
·288 shr
·$31,306
Sell
·
DUDA KENNETH
·160,000 shr
·$17,326,175
Sell
·
GIANCARLO CHARLES H
·2,000 shr
·$3,280,801
Sell
·
TAXAY MARC
·2,660 shr
·$4,363,465
Sell
·
ULLAL JAYSHREE
·17,759 shr
·$28,767,449
Sell
·
MCCOOL JOHN F.
·1,585 shr
·$2,567,510
Other
·
TEMPLETON MARK B
·212 shr
Other
·
SCHEINMAN DANIEL
·212 shr
Other
·
ULLAL JAYSHREE
·35,723 shr
Other
·
CHEW LEWIS
·212 shr
Other
·
TAXAY MARC
·5,355 shr
Other
·
BATTLES KELLY BODNAR
·212 shr
Sell
·
BREITHAUPT CHANTELLE YVETTE
·8,890 shr
·$1,378,164
Sell
·
ULLAL JAYSHREE
·112,812 shr
·$16,934,672
analyst ratings
1 rating
JP Morgan
→Overweight
4d ago
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