Arista Networks (NYSE:ANET) Director Kelly Bodnar Battles sold 422 shares of the company’s stock on February 23rd for $54,041.32, reducing her stake by 4.24%. This transaction comes after Arista reported strong quarterly earnings, beating analyst expectations with $0.82 EPS and $2.49 billion in revenue, leading to a 3.2% stock price increase. Analysts maintain a “Moderate Buy” rating with a consensus price target around $176.88, with several firms raising their targets.
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Insider Selling: Arista Networks (NYSE:ANET) Director Sells 422 Shares of Stock
Arista Networks (NYSE:ANET) Director Kelly Bodnar Battles sold 422 shares of the company’s stock on February 23rd for $54,041.32, reducing her stake by 4.24%. This transaction comes after Arista reported strong quarterly earnings, beating analyst expectations with $0.82 EPS and $2.49 billion in revenue, leading to a 3.2% stock price increase. Analysts maintain a “Moderate Buy” rating with a consensus price target around $176.88, with several firms raising their targets.