Insider Sales at Arista Networks (ANET) Extends the Selling Trend of Last Quarter

Wednesday, March 07, 2018 10:15 PM ET

Insider Sales at Arista Networks (ANET) Extends the Selling Trend of Last Quarter

Two insiders — Anshul Sadana, Officer, and Jayshree Ullal, Director and Officer — sold 15,250 shares of Arista Networks having a market value of approximately $4,282,732, today, as revealed in form 4 documents filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 77,919 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 93,169 shares and have averaged 18,634 shares per transaction over this time period.

Insider buy/sell trading at Arista Networks is greater than the 76 peer company average over the last 90-day period. The Communications & Networking peer group saw 103 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Arista Networks insiders was also higher. Within the peer group there were 40,722 shares purchased and 1,327,363 shares sold with company insiders disposing of 12,492 shares on average.

The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* Anshul Sadana, Officer, sold 10,250 shares
* Jayshree Ullal, Director and Officer, sold 5,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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