InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$176.98

2026-10-16

Market Cap

$223.2B

Volume

6.8M

52-Wk High

$217.41

52-Wk Low

$114.52

Trailing PE

55.1

P/S

21.18

Gross Margin

63.0%

Net Margin

38.4%

ROE

31%

ROIC

22%

Piotroski

4/9

Altman Z

17.5

1-Yr Return

+21.2%

5-Yr Return

+1191.9%

Arista Networks, Inc. is a leading global technology firm that designs, promotes, and distributes innovative cloud networking solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions. Its comprehensive product portfolio features advanced extensible operating systems, a collection of powerful network applications, and high-performance gigabit Ethernet switching and routing hardware. The company also offers robust post-contract customer support, which includes technical assistance, hardware repairs, parts replacement beyond standard warranty, and critical bug fixes, patches, and upgrades. Arista serves a diverse clientele, encompassing major internet companies, telecommunication providers, financial services organizations, government agencies, and entities in the media and entertainment sectors. Its sales strategy involves multiple channels, utilizing distributors, system integrators, value-added resellers, original equipment manufacturer partners, and a dedicated direct sales force. Established in 2004 as Arastra, Inc., the company adopted the name Arista Networks, Inc. in October 2008 and is headquartered in Santa Clara, California.

SectorTechnologyIndustryComputer HardwareExchangeNYSEMarket Cap$223.2BEmployees5,115 (SEC-filed)CEOJayshree V. UllalIPO2014-06-06CountryUS

5453 Great America Parkway, Santa Clara, CA 95054 · Tel 408 547 5500 · arista.com

INSIDERSTREET SCORE85 / 100Street mean $247.80 (10 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$1347M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · ANET +21.2% · S&P 500 +15.9% · spread +5.3pp

7 Years vs S&P 500 · ANET +1191.9% · S&P 500 +189.9% · spread +1002.0pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE85of 100

Score Breakdown

Profitability	99/100
Growth	79/100
Momentum	100/100
Quality	91/100
Earnings Quality	66/100
Balance Sheet	97/100
Value	28/100
Risk (safety)	100/100
Overall	84.6/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
SNDK	87
DELL	61
STX	85
WDC	70
HPE	55
P	63
ANET	85

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 86 in 25 Q2, latest 85 — -2 since. Fell in 3 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY85 / 100IS Score 84.6 / 100 · -1.7 from peak of 86

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBEARISHTechnical Score 20 / 100 · Power -59 · 3 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

These two disagree — business quality 85, price structure 20 out of 100, so the business reads better than the price does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 84.6	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 85 → 84 → 85 → 85	the direction matters more than the level
Technical vote share back above 50%	now 18%	price structure no longer broken
Institutional holder count rises two quarters running	peak 2,259 → now 2,259	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)3 buys2026-07-10

Insider Buys (180d)0none disclosed

ETF Funds (30d)1644 up / 1302 downnet +342 funds

Institutions Added (13F)230managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 2,259 · latest 2,259 (+0 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	2,259	906.5M	$147.7B	72.0%
2026 Q1	2,029	877.2M	$102.8B	69.7%
2025 Q4	1,986	864.4M	$107.3B	68.7%
2025 Q3	1,876	843.1M	$121.3B	67.0%
2025 Q2	1,655	843.1M	$85.4B	67.0%
2025 Q1	1,567	850.8M	$65.5B	67.6%
2024 Q4	1,517	834.5M	$91.5B	66.3%
2024 Q3	1	0.0M	$0.0B	0.0%
2024 Q2	1	0.0M	$0.0B	0.0%
2024 Q1	1	0.0M	$0.0B	0.0%
2023 Q4	2	1.5M	$0.1B	0.1%
2023 Q3	2	0.2M	$0.0B	0.0%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Ullal Jayshree	director, CEO and Chairperson	2026-10-09	SELL	18,656	$4.05M	4,774,691
Ullal Jayshree	director, CEO and Chairperson	2026-10-09	SELL	93,241	$20.24M	15,432,507
Ullal Jayshree	director, CEO and Chairperson	2026-10-08	SELL	4,000	$0.87M	4,793,347
Ullal Jayshree	director, CEO and Chairperson	2026-10-08	SELL	19,990	$4.34M	15,525,748
Ullal Jayshree	director, CEO and Chairperson	2026-10-07	SELL	13,860	$3.01M	4,797,347
Ullal Jayshree	director, CEO and Chairperson	2026-10-07	SELL	69,272	$15.04M	15,545,738
Ullal Jayshree	director, CEO and Chairperson	2026-10-06	SELL	13,179	$2.79M	4,863,793
Ullal Jayshree	director, CEO and Chairperson	2026-10-06	SELL	51,805	$11.00M	4,811,988

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	427	7,315,223	$1347.2M	Counted
M — Exercises (paired A/D)	34	343,198	$1.0M	None — mechanics
F — Tax withholding	7	134,625	$23.5M	None — compensation
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$1347.2M427 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-10-09	Ullal Jayshree	130,553	$28.3M
2026-10-08	Ullal Jayshree	27,990	$0.2M
2026-10-07	Ullal Jayshree	96,992	$21.1M
2026-10-06	Chantelle Breithaupt	1,224	$0.3M
Trailing 12 mo	67 filings	11,051,243	$1915M

Filed	Form	Reporting person	% of class	Shares
2026-03-26	SCHEDULE 13G/A	The Vanguard Group	—	exit/reporting change

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Member	Chamber	Trade	Size band	Traded	Disclosed
Michael McCaul	House	SELL	$15,001 - $50,000	2026-08-04	2026-10-16
Dan Newhouse	House	BUY	$1,001 - $15,000	2026-07-10	2026-07-20
Daniel Milton Newhouse	House	BUY	$1,001 - $15,000	2026-07-10	2026-07-20
John Boozman	Senate	BUY	$1,001 - $15,000	2025-12-11	2026-01-13
John Boozman	Senate	BUY	$1,001 - $15,000	2025-12-11	2026-01-12
John Boozman	Senate	BUY	$1,001 - $15,000	2025-12-11	2026-01-12

House 12-Mo26 trades12 purchases

Senate 12-Mo6 trades6 purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)2,029

13F Shares877M69.7% of shares out

New / Closed229 / 153positions, QoQ

Increased / Reduced870 / 734positions, QoQ

Put/Call (13F)0.75option positions

Free Float83.3%1.05B sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Assenagon Asset Management S.A.	3.4M	$695M
Congress Asset Management Co	1.0M	$214M
Vontobel Holding Ltd.	904,979	$184M
Td Waterhouse Canada Inc.	455,151	$94M
Fjarde Ap-Fonden /Fourth Swedish N	429,885	$88M
Signature Estate & Investment Advi	407,027	$83M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.3%	$6.9B
VSMPX	0.3%	$6.9B
VTSAX	0.3%	$6.9B
VTI	0.3%	$6.9B
VFINX	0.3%	$5.6B
VOO	0.3%	$5.6B

13F Filers Holding ANET — quarterly

Institutional Put/Call — quarterly

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Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session23.6%2026-10-15

20-Day Avg43.6%50-day 47.3%

TrendFalling20d vs 50d

By Market CenterQ: 23% · N: 27% · B: 34%latest session

Weekly Notional ($B)

Where ANET Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Ubsa Ubs Ats	10.1M	74 sh
Incr Intelligent Cross Llc	9.9M	62 sh
Sgmt Sigma X2	5.9M	63 sh
Pure Purestream	5.0M	55 sh
Ebxl Level Ats	4.8M	39 sh
Bids Bids Ats	3.6M	489 sh

Where a dollar of Arista Networks, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
Americas	$7.1B	79%
EMEA	$1.1B	12%
Asia Pacific	$813M	9%

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ANET (live moat model)Peer median: SNDK · DELL · STX · WDC · HPE

Component scores from the live moat model. Peer median illustrative.

Moat score 69/100 — Narrow; primary source Cost Advantage.

3.8 · Employees (SEC filings)

Officer	Title
Kenneth Duda	Co-Founder, President, Chief Technology Officer & Director
Jayshree V. Ullal	Chief Executive Officer & Chairperson
Chantelle Breithaupt	Senior Vice President & Chief Financial Officer
Todd Nightingale	President & COO

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)6 of 6recent quarters

Avg Surprise+9.7%

Next Report2026-11-03

Income Quality1.31OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

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Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+27.2%	+48.6%	+33.8%	+19.5%	+28.6%
Gross profit	+26.9%	+42.3%	+35.7%	+23.7%	+28.4%
Operating income	+32.2%	+65.1%	+47.8%	+30.5%	+31.0%
Net income	+32.5%	+60.8%	+54.3%	+36.6%	+23.1%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	2.9	4.4	5.9	7.0	9.0
Cost of revenue	1.1	1.7	2.2	2.5	3.2
Gross profit	1.9	2.7	3.6	4.5	5.8
R&D expense	0.6	0.7	0.9	1.0	1.2
SG&A expense	0.4	0.4	0.5	0.5	0.7
Operating income	0.9	1.5	2.3	2.9	3.9
EBITDA	1.0	1.6	2.3	3.0	3.9
D&A	0.1	0.1	0.1	0.1	0.1
Pretax income	0.9	1.6	2.4	3.3	4.2
Income tax	0.1	0.2	0.3	0.4	0.7
Net income	0.8	1.4	2.1	2.9	3.5
Diluted EPS ($)	0.66	1.07	1.65	2.23	2.75
Diluted shares (M)	1,277	1,266	1,269	1,281	1,276

Operating CF$4B

CapEx$0B

Free cash flow$4B

SBC$0B

Buybacks$2B

Net cash change$-1B

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Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	0.7	1.9	2.8	2.0
ST investments	2.4	3.1	5.5	8.8
Receivables (net)	0.9	1.0	1.1	1.9
Total current assets	5.6	8.4	11.9	16.4
PP&E (net)	0.1	0.1	0.1	0.2
Goodwill + intangibles	0.4	0.4	0.3	0.4
Total assets	6.8	10.0	14.0	19.4
Accounts payable	0.2	0.4	0.4	0.7
Short-term debt	0.0	0.0	0.0	0.0
Deferred revenue	0.6	0.9	1.7	4.0
Total current liabilities	1.3	1.9	2.7	5.4
Long-term debt	0.0	0.0	0.0	0.0
Total liabilities	1.9	2.7	4.0	7.1
Shareholders' equity	4.9	7.2	10.0	12.4

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.4	2.1	2.9	3.5
D&A	0.1	0.1	0.1	0.1
Stock-based compensation	0.2	0.3	0.4	0.4
Working capital change	(0.9)	(0.0)	1.0	0.7
Operating cash flow	0.5	2.0	3.7	4.4
Capital expenditures	(0.0)	(0.0)	(0.0)	(0.1)
Investing cash flow	0.2	(0.7)	(2.5)	(3.6)
Buybacks	(0.7)	(0.1)	(0.4)	(1.6)
Dividends paid	0.0	0.0	0.0	0.0
Debt issuance / (repay)	0.0	0.0	0.0	0.0
Financing cash flow	(0.7)	(0.1)	(0.4)	(1.6)
Free cash flow	0.4	2.0	3.7	4.3

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	23.0%	30.5%	34.5%	33.1%	31.4%	31%
ROA	16.1%	21.6%	24.9%	23.8%	21.0%	17.1%
ROIC	133.3%	68.5%	88.0%	152.1%	195.8%	21.8%
Gross margin	63.8%	61.1%	61.9%	64.1%	64.1%	63.0%
Operating margin	31.4%	34.9%	38.5%	42.0%	42.8%	43.1%
Net margin	28.5%	30.9%	35.6%	40.7%	39.0%	38.4%
EBITDA margin	33.1%	36.3%	39.7%	42.9%	43.6%	48.2%
FCF margin	32.3%	10.2%	34.1%	52.5%	47.2%	—
VALUATION
P/E	54.67	28.28	35.98	49.74	47.61	55.1
P/B	11.55	7.83	10.40	14.19	13.51	15.1
P/S	15.59	8.73	12.81	20.26	18.56	21.18
P/FCF	48.33	85.35	37.56	38.59	39.31	43.3
EV/EBITDA	43.71	22.19	30.11	44.42	37.90	43.5
EV/Revenue	14.46	8.05	11.96	19.07	17.37	21.0
Earnings yield	1.8%	3.5%	2.8%	2.0%	2.1%	1.82%
FCF yield	2.1%	1.2%	2.7%	2.6%	2.5%	2.31%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	4.34	4.29	4.38	4.36	3.05	2.96
Quick ratio	3.75	3.29	3.36	3.69	2.63	2.59
Debt / equity	0.01	0.01	0.00	0.00	0.00	—
Debt / assets	1.0%	0.6%	0.0%	0.0%	0.0%	—
Net debt / EBITDA	-3.44	-1.87	-2.15	-2.76	-2.60	-0.45
Interest coverage	—	—	—	—	—	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.56	0.70	0.70	0.58	0.54	0.44
Receivables turnover	6.51	6.09	5.99	6.44	5.95	4.7
DSO (days)	56	60	61	57	61	78
DPO (days)	58	47	55	59	58	65
Cash conversion cycle	192	221	271	272	233	251
GROWTH (YoY)
Revenue growth	27.2%	48.6%	33.8%	19.5%	28.6%	—
Net income growth	32.5%	60.8%	54.3%	36.6%	23.1%	—
EPS growth	31.4%	63.2%	52.6%	35.8%	23.8%	—
FCF growth	32.1%	-52.9%	346.2%	83.8%	15.7%	—
PER SHARE ($)
EPS (diluted, TTM)	0.66	1.07	1.64	2.22	2.75	3.21
Book value / share	3.11	3.88	5.66	7.79	9.70	11.75
Revenue / share	2.30	3.48	4.59	5.46	7.06	8.37
FCF / share	0.74	0.36	1.57	2.86	3.33	4.10
Cash / share	2.66	2.40	3.93	6.47	8.42	10.60
SHAREHOLDER RETURN & SCORES
Buyback yield	0.9%	1.8%	0.1%	0.3%	1.0%	0.29%
Altman Z-Score	18.13	14.94	19.30	23.75	16.68	17.5
Piotroski F-Score	6	6	7	4	6	4/9
Beneish M-Score	-2.34	-1.04	-2.34	-2.51	-2.06	-2.32

Model	Score	Zone	Note
Piotroski F-Score	4 / 9	Middling
Altman Z-Score	17.5	Safe (>2.99)	Safe
Income quality	1.31	Cash-backed	OCF ÷ net income
Beneish M-Score	-2.32	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.81
Interest burden	1.02
Operating margin	46.4%
Asset turnover	0.52×
Financial leverage	1.57×
= ROE	31%

Growth Quality (live)	Value
Revenue stability	0.97
Earnings stability	0.99
Earnings persistence	0.90
Revenue CAGR 3y	26.1%
EPS CAGR 3y	32.9%
FCF CAGR 3y	76.0%

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Buyback Yield0.29%

Dividend Yield0.00%none paid

Total Shareholder Return0.26%cash yield

SBC / Revenue4.8%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
SNDK	$187.8B	16.7	92%	77.0%	+965.1%	7/9	+800.6%
DELL	$287.1B	25.8	-543%	8.8%	+49.2%	9/9	+202.3%
STX	$145.3B	43.9	372%	35.7%	+34.1%	8/9	+182.7%
WDC	$124.3B	12.2	133%	—	-2.7%	6/9	+163.9%
HPE	$73.2B	27.4	11%	12.6%	+26.6%	8/9	—
P	$41.3B	163.2	18%	6.3%	+45.1%	6/9	—
NTAP	$40.0B	28.4	115%	18.5%	+12.2%	7/9	—
HPQ	$27.1B	11.3	-494%	4.2%	+8.1%	7/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

53 Analysts

Str Sell (0)Sell (0)Hold (12)Buy (41)Str Buy (0)

Mean Target (qtr)$247.8010 targets

Target vs. Price+40.0%last-quarter mean

Next Report2026-11-03street $1.08

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$12.69B	$12.87B / $12.56B	$4.11	$4.21 / $4.04	18
FY2027	$16.59B	$17.32B / $15.57B	$5.26	$5.64 / $4.79	18
FY2028	$20.67B	$23.57B / $16.80B	$6.48	$6.99 / $5.89	11

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$250.00	+41.3%	1
Last Quarter	$247.80	+40.0%	10
Last Year	$199.35	+12.6%	34
All Time	$195.83	+10.7%	91

Rolling mean of published targets vs. last close $176.98. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

B

DCF

3/5

ROE

5/5

ROA

5/5

Debt/Eq

1/5

P/E

1/5

P/B

1/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

ANET +21.2% vs S&P 500 +15.9% — spread +5.3pp

Sector — XLK +29.0%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$204.44	-27.46	-13.43%	Below
SMA 50	$198.42	-21.44	-10.81%	Below
SMA 200	$162.64	+14.34	+8.82%	Above
EMA 9	$197.33	-20.35	-10.31%	Below
EMA 21	$200.75	-23.77	-11.84%	Below
EMA 50	$196.19	-19.21	-9.79%	Below
EMA 200	$168.94	+8.04	+4.76%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBEARISHPower Score -593 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%22

Momentum 25%0

Volume 20%25

Volatility 10%33

Patterns 15%38

This Week18% bullishof 11 price-based votes

4 Weeks Ago100%-82 pts since

12 Weeks Ago100%-82 pts since

ReadDeterioratingweek-over-week trajectory

Price vs SMA 20$204.44

Price vs SMA 50$198.42

Price vs SMA 200$162.64

EMA 9/21 Cross197.3/200.8

SMA 50/200Golden

ADX DirectionADX 22

Supertrend$207

Parabolic SAR$214

SMA Slope-1.120

RSI31.6

Stochastic K/D9/22

StochRSI K/D-0/1

Williams %R-99

CCI-291

TSI vs Signal-3.5

CMO-36.8

ROC-14.64%

OBV SignalDistrib

Chaikin MF0.060

MFI35

Force Index-27M

Elder Ray Bull-16.05

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 22

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$184.24 / $190.00 / $194.43	S1 / S2	$179.81 / $174.05
Bollinger (20,2)	$185.99 – $222.88	Squeeze	Off
52-wk range	$114.52 – $217.41	Off 52-wk high	-18.6%
ATR (14)	$8.37 (4.7%)	Historical vol	40.1%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

+2.2%Jan75%

+3.7%Feb50%

+4.2%Mar75%

-0.7%Apr55%

+1.9%May64%

+3.6%Jun58%

+6.5%Jul67%

+4.5%Aug67%

+0.1%Sep50%

+3.1%Oct75%

+7.4%Nov75%

+1.6%Dec75%

Sample: 12 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	ANET	S&P 500
Weekly volatility (σ, 1y)	8.60%	1.83%
Best / worst week (1y)	+24.9% / -17.9%	—
Max drawdown (5y, monthly)	-39.7%	—
1-week VaR (95%)	-14.1%	—
Beta (5y)	1.62	1.00

ANET EQUITY WEATHER (LIVE)STORMY · -41

Trend-22

Momentum-69

Volume-34

Volatility-60

Breadth-17

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 715 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall-41.3-18.9 vs industry

Trend-21.8-1.2 vs industry

Momentum-69.2-35.1 vs industry

Volume-34.0-33.0 vs industry

Reading	ANET	Computer Hardware n=357	Technology n=6,969	All US symbols n=70,435
Overall	-41.3	-22.4	-20.7	-20.5
Trend	-21.8	-20.6	-20.8	-21.3
Momentum	-69.2	-34.1	-28.5	-15.8
Volume	-34.0	-1.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Todd Nightingale President, Chief Operating	$52.3M	100% equity+incentive
Chantelle Breithaupt Chief Financial Officer	$7.2M	95% equity+incentive
Kenneth Duda President, Chief Technology Off	$7.2M	96% equity+incentive
Jayshree Ullal Chief Executive Officer	$2.9M	89% equity+incentive
Marc Taxay Former Senior Vice President, Gen	$1.7M	93% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	49
Social	50
Governance	60
Composite ESG	53

Composite ESG Trend

Filed	8-K contents	Items
2026-08-04	Earnings Release; Exhibits	2.02,9.01
2026-06-02	Shareholder Vote	5.07
2026-05-05	Earnings Release; Exhibits	2.02,9.01
2026-02-12	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-11-04	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-09-08	Departure/Election of Directors; Appointment of Officers; Amendments t	5.02,5.03,8.01,9.01
2025-08-05	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-06-16	Departure/Election of Directors; Appointment of Officers; Financial St	5.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-11-02 to 2026-08-04
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	39 rows · 2016 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-10-06 to 2026-10-09
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	1 rows · 2026-03-26
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Arista Networks, Inc. (ANET)

Institutions holding — 12 quarters

Arista Networks, Inc. (ANET)

Monthly Net Insider Flow (000 shares)

Signal Summary

Arista Networks, Inc. (ANET)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding ANET — quarterly

Institutional Put/Call — quarterly

Arista Networks, Inc. (ANET)

Where ANET Trades in the Dark

Arista Networks, Inc. (ANET)

3.8 · Employees (SEC filings)

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Balance Sheet — Full

Cash Flow Statement — Full

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Street Price Target — Trajectory

Third-Party Composite Rating

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Family Scores (site weights)

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)

Arista Networks, Inc. (ANET)