144 ·Filed Jul 1, 2026

ANET

Arista Networks, Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed3mo ago SEC0001958244-26-000415
Form 144 — notice of proposed sale of securities
Actionable Insight • Neutral

The sale is pre-arranged under a 10b5-1 plan, so no new bearish signal. Monitor for any deviations from the plan or accelerated insider selling.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
ANET ▲ +6.89% at T+20d
NEUTRAL call ✓ call won +6.89% · α vs SPY +7.31% · entry $159.99 → $171.02
Next anchor: T+1d due 3mo ago
Entry anchored
Jul 1, 03:59 PM ET
via exchange tick
T+1d
—
call — · α —
—
due 3mo ago
T+5d
+15.44%
call +15.44% · α +14.51%
$184.69
settled 3mo ago
T+20d
+6.89%
call +6.89% · α +7.31%
$171.02
settled 2mo ago
T+60d
—
call — · α —
—
due 7d ago

Price Chart

Loading chart...

Executive Summary

Co-founder and 10% owner Andreas Bechtolsheim files Form 144 to sell 260,000 shares of Arista Networks under a Rule 10b5-1 trading plan adopted on 2/20/2026, with an approximate market value of $43.3 million. The plan was established months prior, reducing signaling significance; the sale represents a negligible fraction of market cap.

Key Facts

  • Insider: Andreas Bechtolsheim (co-founder, 10% stockholder)
  • Shares to be sold: 260,000 shares of common stock
  • Estimated value: $43,321,200
  • Broker: Goldman Sachs & Co. LLC
  • Trading plan: Rule 10b5-1(c) dated 2/20/2026
  • Market cap: $213.9B; sale represents ~0.02% of shares outstanding

Financial Impact

~$43.3M sale proceeds, immaterial relative to $213.9B market cap

dilution

Risk Factors

  • None material; routine 10b5-1 plan execution

Market Snapshot

Exchange
NYSE
Sector
Computer Communications Equipment
Analyst Consensus
91% bullish (34 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001958244-26-000415
Document: 0001958244-26-000415-index.html0001958244-26-000415
Document: 0001958244-26-000415.txt0001958244-26-000415
37 reports for ANET
Performance horizon
100% Hit rate 5 of 5 directional calls best @ T+60▲ +22.64%May 5, 2026
Filters
Rows
Reports for ANET — sortable, filterable
TypeNow
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$199.59 $199.39▼ −0.10%▲ +0.12%$207.40 (+3.91%)
Sep 3, 2026
28d ago
Insider Cluster
NEUTRAL ★ 3/10
$193.78 $187.81▼ −3.08%▼ −1.87%$207.40 (+7.03%)
Aug 31, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$189.26 $192.93▲ +1.94%▲ +1.86%$207.40 (+9.58%)
Aug 31, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$189.26 $192.93▲ +1.94%▲ +1.86%$207.40 (+9.58%)
Aug 27, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$195.38 $193.78▼ −0.82%▼ −0.93%$207.40 (+6.15%)
Aug 25, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$202.25 $186.10▼ −7.99%▼ −7.87%$207.40 (+2.55%)
Aug 14, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$201.80 $188.15▼ −6.76%▼ −5.57%$207.40 (+2.78%)
Aug 10, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$197.85 $193.18▼ −2.36%▼ −1.96%$207.40 (+4.83%)
Aug 7, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$191.52 $201.80▲ +5.37%▲ +5.41%$207.40 (+8.29%)
Aug 6, 2026
8w ago
144
NEUTRAL ★ 4/10
$188.67 $198.82▲ +5.38%▲ +4.98%$207.40 (+9.93%)
Showing 10 of 37

US Market Status

Market Open — Closes in 6h 26m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access