ANET

Arista Networks, Inc.
NYSEUSDEQUITY Technology DELAYED
Last price
216.40
▲ 9.50 (4.59%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
207.51
Prev close
206.90
Day high
216.07
Day low
207.24
Volume
6.97M
Market cap
$271.62B
P/E (TTM)
67.94
52W range
114.52 – 216.07

Day trading desk

Current session · delayed
Gap from prior close
+0.29%
Prior close 206.90
VWAP
212.98
+1.61% from price
Relative volume
0.98×
Normal
Session range
4.66%
207.20 – 216.85
Position in range
95%
Near session high
ATR (14D)
6.29
2.90% of price
Prior day high
208.91
PDH
Prior day low
204.50
PDL
Bid / ask spread
—
Quote not published
Session volume
6.18M
Avg 6.32M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+6.16% +4.2%
1M
+11.14% +10.0%
3M
+18.95% +14.4%
6M
+61.15% +43.0%
YTD
+64.36% +50.1%
1Y
+48.01% +31.6%
3Y
+368.35% +286.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on ANET open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-6.26M
Net selling
Buy transactions
25
537.56K shares
Sell transactions
40
6.80M shares
Net transactions
+65
Buys less sells
Sell : buy shares
12.6 : 1
Heavily one-sided
Insider-held shares
217.52M
Total on file
Bought 537.56KSold 6.80M

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 25, 26
ULLAL JAYSHREE
Chief Executive Officer
SELL 62.62K $13.24M Indirect
Sep 21, 26
DUDA KENNETH
President
CONVERSION 17.33K $245.20K Direct
Sep 21, 26
DUDA KENNETH
President
SELL 43.33K $8.82M
Sep 17, 26
BECHTOLSHEIM ANDREAS V
Beneficial Owner of more than 10% of a Class of Security
SELL 300.00K $59.69M Indirect
Sep 8, 26
TEMPLETON MARK B
Director
SELL 5.00K $985.79K Direct
Sep 1, 26
BREITHAUPT CHANTELLE YVETTE
Chief Financial Officer
SELL 612 $119.81K Direct
Aug 27, 26
BECHTOLSHEIM ANDREAS V
Beneficial Owner of more than 10% of a Class of Security
SELL 300.00K $60.78M Indirect
Aug 25, 26
ULLAL JAYSHREE
Chief Executive Officer
SELL 13.81K $2.65M Direct
Aug 21, 26
BATTLES KELLY BODNAR
Director
SELL 422 $79.06K Direct
Aug 20, 26
TEMPLETON MARK B
Director
— 538 — Direct
Aug 20, 26
LAVENDER ROBERT G
Director
— 538 — Direct
Aug 20, 26
ULLAL JAYSHREE
Chief Executive Officer
— 27.66K — Direct
Aug 20, 26
GIANCARLO CHARLES H
Director
— 538 — Direct
Aug 20, 26
BATTLES KELLY BODNAR
Director
— 538 — Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BECHTOLSHEIM ANDREAS V
Beneficial Owner of more than 10% of a Class of Security — Sale
BREITHAUPT CHANTELLE YVETTE
Chief Financial Officer 69.92K Sale
CHEW LEWIS
Director 31.77K Conversion of Exercise of derivative security
DUDA KENNETH
President 3.09M Conversion of Exercise of derivative security
GIANCARLO CHARLES H
Director 185.84K Conversion of Exercise of derivative security
NIGHTINGALE TODD
President 69.46K Conversion of Exercise of derivative security
SCHEINMAN DANIEL
Director 158.73K Conversion of Exercise of derivative security
TEMPLETON MARK B
Director 128.61K Sale
ULLAL JAYSHREE
Chief Executive Officer — Sale
WASSENAAR YVONNE
Director 10.32K Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$271.62B
Enterprise value$258.27B
Revenue (TTM)$10.54B
Gross profit$6.64B
EBITDA$4.64B
Net income$4.04B
EPS (TTM)$3.17
Free cash flow$3.89B
Total cash$13.34B
Total debt$0
Book value / share$11.73
Shares outstanding1.26B
Float1.05B
Short % of float1.27%
Dividend yield0.00%
Beta (5Y)1.61

Valuation & profitability ratios

Account required
Trailing P/E67.94
Forward P/E41.40
PEG ratio1.55
Price / sales—
Price / book18.36
EV / revenue24.50
EV / EBITDA55.67
Gross margin63.00%
Operating margin45.39%
Profit margin38.37%
Return on equity31.48%
Return on assets14.12%
Debt / equity—
Current ratio2.96
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $9.01B$7.00B$5.86B$4.38B +28.6%
Operating revenue $9.01B$7.00B$5.86B$4.38B +28.6%
Cost of revenue $3.24B$2.51B$2.23B$1.71B +28.9%
Gross profit $5.77B$4.49B$3.63B$2.68B +28.4%
Research & development $1.24B$996.70M$854.90M$728.39M +24.1%
Selling, general & admin $675.30M$550.00M$518.10M$420.20M +22.8%
Total operating expense $1.91B$1.55B$1.37B$1.15B +23.7%
Operating income $3.86B$2.94B$2.26B$1.53B +31.0%
Net interest income $383.40M$311.00M$152.40M$27.56M +23.3%
Pre-tax income $4.25B$3.27B$2.42B$1.58B +30.2%
Tax provision $738.30M$413.00M$334.70M$229.35M +78.8%
Net income $3.51B$2.85B$2.09B$1.35B +23.1%
Net income to common $3.51B$2.85B$2.09B$1.35B +23.1%
Basic EPS 2.792.271.691.10 +22.9%
Diluted EPS 2.752.231.651.07 +23.3%
EBIT $3.86B$2.94B$2.26B$1.53B +31.0%
EBITDA $3.93B$3.01B$2.33B$1.59B +30.7%
Basic shares 1.26B1.26B1.24B1.23B +0.1%
Diluted shares 1.28B1.28B1.27B1.27B -0.4%

Options analytics

Account required
Put / call volume
0.13
Call-heavy session
Put / call open interest
0.47
Positioning, not flow
Max pain
200.00
-7.1% from spot
ATM implied vol
46.5%
Nearest strike to spot
Skew (10% OTM)
-1.4%
Calls bid over puts
Call volume
10.82K
Contracts, this expiry
Put volume
1.41K
Contracts, this expiry
Heaviest call OI
215.00
2.18K contracts
Heaviest put OI
195.00
864 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.891.02 +15.2%
Mar 2026 0.810.87 +7.7%
Dec 2025 0.760.82 +8.2%
Sep 2025 0.710.75 +5.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 1.08 26 $3.33B +44.1%
Next quarter 1.15 25 $3.59B +44.2%
Current year 4.11 29 $12.67B +40.6%
Next year 5.20 29 $16.29B +28.6%

Analyst targets & ownership

Account required
Mean target$242.21
High target$289.00
Low target$190.00
Implied upside11.93%
Analyst count29
ConsensusSTRONG BUY
Strong buy / Buy7 / 24
Hold1
Sell / Strong sell0 / 0
Held by insiders17.25%
Held by institutions73.34%
Institutions holding3.11K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
206.12
+4.99% from price
SMA 20
201.52
+6.87% from price
SMA 50
194.97
+10.46% from price
SMA 100
179.71
+20.41% from price
SMA 200
159.79
+34.78% from price
EMA 12
205.52
+5.29% from price
EMA 26
200.99
+7.67% from price
EMA 50
194.41
+11.31% from price
RSI (14)
66.8
Neutral
MACD (12,26,9)
4.54
Hist 0.63
ATR (14)
6.29
2.92% of price
Realised vol 30D
38.7%
Annualised
Bollinger upper
214.78
20, 2σ
Bollinger lower
188.27
20, 2σ
50 / 200 cross
Golden
194.97 vs 159.79
Trend bias
Above 200
+34.78%

Options chain

Account required
Expiry
Spot 216.40
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
2.04
More volatile than market
Correlation to SPY
0.49
Loosely linked
Realised vol 30D
38.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-28.3%
Peak to trough
Max drawdown 5Y
-50.4%
Peak to trough
ATR 14
6.29
2.92% of price
Beta (reported)
1.61
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
13.25M
Prior 12.87M
Change vs prior
+2.9%
Shorts adding
% of float
1.27%
Normal
% of shares out
1.05%
Against total outstanding
Days to cover
2.6
Liquid
Float
1.05B
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

460 on file
DateFirm ActionFromTo
Sep 30, 26 Bernstein INITIATED — Outperform
Sep 1, 26 Deutsche Bank INITIATED Hold Buy
Aug 6, 26 Barclays MAINTAINED Overweight Overweight
Aug 5, 26 UBS MAINTAINED Buy Buy
Aug 5, 26 TD Cowen MAINTAINED Buy Buy
Aug 5, 26 Morgan Stanley MAINTAINED Overweight Overweight
Aug 5, 26 Truist Securities MAINTAINED Buy Buy
Aug 5, 26 Piper Sandler MAINTAINED Overweight Overweight
Aug 5, 26 Wells Fargo MAINTAINED Overweight Overweight
Aug 5, 26 Keybanc MAINTAINED Overweight Overweight
Aug 5, 26 Evercore ISI Group MAINTAINED Outperform Outperform
Aug 5, 26 Rosenblatt MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split4:1
Split dateDec 4, 2024

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.