Arista Networks (NYSE:ANET) Trading Up 1.3% - What's Next?

Arista Networks (NYSE:ANET) saw its share price increase by 1.3% in mid-day trading on Monday, with a market capitalization of $241.01 billion. The company exceeded its quarterly earnings expectations, reporting $1.02 EPS against a consensus of $0.89, and revenue of $3.04 billion, up 37.7% year-over-year. Despite positive analyst sentiment and several raised price targets, insiders sold 3.7 million shares worth approximately $665.8 million over the past three months.