ARISTA NETWORKS (ANET) Co-Founder Bechtolsheim Sells $59.7M in Stock

Andreas Bechtolsheim sold 300,000 Arista shares on Sept. 17 at prices between $193.61 and $204.31, leaving him with about 180.5 million shares.

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Arista Networks co-founder Andreas Bechtolsheim remains the company's largest individual shareholder.
Source: Wikimedia

Arista Networks (ANET) co-founder and 10% owner Andreas Bechtolsheim sold 300,000 common shares in the open market on Sept. 17, according to a Form 4 filed with the Securities and Exchange Commission. The combined value of the transactions came to roughly $59.7 million.