This cluster is routine and non-informative. Bechtolsheim's derivative exercises and concurrent sale suggest tax- or liquidity-driven activity, not a bearish signal. Monitor for any material change in insider selling patterns, but no immediate action warranted.
Price Chart
Executive Summary
Two Arista Networks insiders sold a total of ~$897K in shares over a 5-day window, with the largest sale ($848K) by 10% owner Andreas Bechtolsheim on June 4. Bechtolsheim also exercised derivatives for 158K shares at $0–$15.26, netting a cashless exercise pattern. The total sale value is only ~0.0005% of ANET's $194B market cap, making this a trivial cluster by proportionality standards.
Key Financial Metrics
Key Facts
- Andreas Bechtolsheim (10% owner) sold 5,366 shares at $158.07 for $848K on June 4
- Bechtolsheim also exercised 96,672 derivative shares at $0 and 61,328 at $15.26, netting a cashless exercise pattern
- Director Charles Giancarlo sold 302 shares at $162.28 for $49K on June 1
- Total cluster sale value of $897K is ~0.0005% of ANET's $194.3B market cap
- No open-market purchases in the cluster
Financial Impact
Total insider sales of $897K represent less than 0.001% of market cap — immaterial
Risk Factors
- No material risk identified from this cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ANET-1780960633229 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $199.59 $199.39 | ▼ −0.10% | ▲ +0.12% | $207.40 (+3.91%) |
Sep 3, 2026 28d ago | Insider Cluster | $193.78 $187.81 | ▼ −3.08% | ▼ −1.87% | $207.40 (+7.03%) |
Aug 31, 2026 4w ago | Insider Cluster | $189.26 $192.93 | ▲ +1.94% | ▲ +1.86% | $207.40 (+9.58%) |
Aug 31, 2026 4w ago | Insider Cluster | $189.26 $192.93 | ▲ +1.94% | ▲ +1.86% | $207.40 (+9.58%) |
Aug 27, 2026 5w ago | Insider Cluster | $195.38 $193.78 | ▼ −0.82% | ▼ −0.93% | $207.40 (+6.15%) |
Aug 25, 2026 5w ago | Insider Cluster | $202.25 $186.10 | ▼ −7.99% | ▼ −7.87% | $207.40 (+2.55%) |
Aug 14, 2026 6w ago | Insider Cluster | $201.80 $188.15 | ▼ −6.76% | ▼ −5.57% | $207.40 (+2.78%) |
Aug 10, 2026 7w ago | Insider Cluster | $197.85 $193.18 | ▼ −2.36% | ▼ −1.96% | $207.40 (+4.83%) |
Aug 7, 2026 7w ago | Insider Cluster | $191.52 $201.80 | ▲ +5.37% | ▲ +5.41% | $207.40 (+8.29%) |
Aug 6, 2026 8w ago | 144 | $188.67 $198.82 | ▲ +5.38% | ▲ +4.98% | $207.40 (+9.93%) |
US Market Status
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