ANET 10% owner reports $6.56M sale
A sizable sale by a 10% owner is a modest bearish signal, but a single sale does not establish a broader change in conviction.
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A sizable sale by a 10% owner is a modest bearish signal, but a single sale does not establish a broader change in conviction.
What happened, with direct paths to the underlying reporting
10% owner Andreas Bechtolsheim reported selling 38,272 ANET shares for approximately $6.56 million. The sale is a notable transaction, though no information is provided about his remaining holdings or the reason for the sale.
Insider: BECHTOLSHEIM ANDREAS
Role: 10 percent owner
Transaction: S-Sale
Shares: 38,272
Price: $171.37
Value: $6,558,699
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