Company President and Chief Technology Officer of $ANET sells 5,415 shares in insider transaction
The recent insider sale of 5,415 shares of $ANET by its President and CTO, Kenneth Duda, has caught the attention of investors and market observers. The transaction, which took place on 09-17-2025, amounted to an estimated $765,303. This sale represented around 0.9% of Duda’s total shares of this class of stock, leaving him with 565,949 shares of $ANET stock after the transaction.
Over the past six months, $ANET insiders have been active in trading the company’s stock. Out of 236 trades, there have been no purchases and 236 sales. Notably, Jayshree Ullal, the CEO, and Chairperson, has engaged in 115 sales, totaling 7,397,750 shares valued at approximately $959,856,407. Kenneth Duda has also been actively selling shares, with 96 transactions amounting to 544,000 shares and an estimated value of $52,074,051.
Institutional investors have also been making moves with $ANET stock. In the most recent quarter, 15 institutions added shares to their portfolios, while 28 reduced their positions. Noteworthy changes include Gladstone Capital Management LLP and Giverny Capital Inc. removing 621,456 shares and 466,528 shares from their holdings, respectively. Conversely, CIBC World Markets Corp added 255,025 shares, and Mediolanum International Funds Ltd added 182,031 shares to their portfolios in the second quarter of 2025.
Members of Congress have also been involved in trading $ANET stock, with 11 recorded transactions in the last six months. These trades include both purchases and sales by representatives and senators, with varying amounts being traded. For instance, Representative Lisa C. McClain purchased up to $15,000 worth of $ANET stock on 08/13, while Representative Greg Landsman sold up to $15,000 on 03/27.
Analyzing Wall Street analysts’ reports on $ANET reveals that 12 firms have issued buy ratings on the stock. No sell ratings have been reported recently. Analysts from various firms, including Morgan Stanley, Citigroup, Melius Research, Barclays, JP Morgan, Goldman Sachs, and Evercore ISI Group, have issued positive outlooks and ratings for $ANET.
Multiple analysts have set price targets for $ANET in recent months, with the median target being $175.0. Analysts such as Ryan Koontz from Needham, Mike Genovese from Rosenblatt, Michael Ng from Goldman Sachs, Ben Reitzes from Melius Research, Samik Chatterjee from JP Morgan, Tim Long from Barclays, and George Notter from Wolfe Research, among others, have all issued target prices ranging from $140.0 to $185.0.
As always, it’s important to note that the information provided in this article is not financial advice. Investors and individuals interested in $ANET stock are encouraged to conduct thorough research and consult with financial professionals before making any investment decisions.