Arista Networks CEO sells over $5.6 million in company stock
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Arista Networks CEO Jayshree Ullal has sold a total of $5,667,830 worth of company stock in multiple transactions at prices ranging from $317.17 to $321.05. The sales were executed on May 22, 2024, and were conducted under a Rule 10b5-1 trading plan. Ullal still holds 17,681 shares directly and has indirect holdings through trusts. Arista Networks specializes in computer communications equipment and has a strong market capitalization of $96.04 billion. The company has a robust balance sheet with more cash than debt and has demonstrated a strong revenue growth of 25.22% over the last twelve months. Investors monitor insider transactions for insights into executives' perspectives on the company's future performance.

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https://www.investing.com/news/company-news/arista-networks-ceo-sells-over-56-million-in-company-stock-93CH-3457229