Arista Networks (NYSE:ANET) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

by · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Arista Networks, Inc. (NYSE:ANET). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Arista Networks stock on March 25th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
  • Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Arista Networks Stock Performance

Shares of NYSE ANET traded up $0.40 during trading hours on Thursday, hitting $145.47. The company’s stock had a trading volume of 7,258,850 shares, compared to its average volume of 7,883,470. The stock has a market cap of $182.79 billion, a price-to-earnings ratio of 52.71, a P/E/G ratio of 2.24 and a beta of 1.48. Arista Networks, Inc. has a 12 month low of $66.59 and a 12 month high of $164.94. The business has a 50-day simple moving average of $133.91 and a 200-day simple moving average of $135.83.

Arista Networks (NYSE:ANET – Get Free Report) last posted its earnings results on Thursday, February 12th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.07. The company had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.38 billion. Arista Networks had a return on equity of 30.37% and a net margin of 38.99%.Arista Networks’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the firm earned $0.66 earnings per share. On average, equities research analysts forecast that Arista Networks, Inc. will post 2.2 EPS for the current year.

Arista Networks News Roundup

Here are the key news stories impacting Arista Networks this week:

Insider Activity

In other Arista Networks news, Director Charles H. Giancarlo sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $125.95, for a total transaction of $1,007,600.00. Following the completion of the sale, the director directly owned 216,333 shares in the company, valued at approximately $27,247,141.35. This trade represents a 3.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Yvonne Wassenaar sold 1,395 shares of Arista Networks stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $134.34, for a total transaction of $187,404.30. Following the completion of the transaction, the director directly owned 11,179 shares of the company’s stock, valued at $1,501,786.86. This trade represents a 11.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 199,632 shares of company stock valued at $26,873,604. Company insiders own 3.39% of the company’s stock.

Hedge Funds Weigh In On Arista Networks

Several large investors have recently made changes to their positions in ANET. Board of the Pension Protection Fund purchased a new position in shares of Arista Networks during the fourth quarter valued at approximately $26,000. Sankala Group LLC purchased a new position in shares of Arista Networks during the fourth quarter valued at approximately $27,000. Prosperity Bancshares Inc purchased a new position in shares of Arista Networks during the fourth quarter valued at approximately $28,000. AdvisorNet Financial Inc lifted its holdings in shares of Arista Networks by 56.7% during the third quarter. AdvisorNet Financial Inc now owns 199 shares of the technology company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. Finally, Knuff & Co LLC purchased a new position in shares of Arista Networks during the third quarter valued at approximately $29,000. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on ANET shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Arista Networks in a research report on Friday, March 27th. Rosenblatt Securities raised Arista Networks from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $165.00 to $180.00 in a research report on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $188.00 price objective (up from $165.00) on shares of Arista Networks in a research report on Friday, February 13th. Wells Fargo & Company lifted their price objective on Arista Networks from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, Susquehanna raised Arista Networks to a “strong-buy” rating in a research report on Wednesday, April 1st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $176.44.

Check Out Our Latest Analysis on ANET

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Arista Networks

(Get Free Report)

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.

Further Reading