Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 107,000 shares at $80.77 ($8.7M) on 2021-11-01, disclosed to the SEC on 2021-11-02.
Seasonal sale ($8.7M) by Executive Chairman — this insider has traded NEWR in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $80.70 | 5,679 | $458K | 5.3% |
| 2 | $80.70 | 5,679 | $458K | 5.3% |
| 3 | $80.77 | 8,093 | $654K | 7.5% |
| 4 | $80.77 | 8,093 | $654K | 7.5% |
| 5 | $81.42 | 13,822 | $1.1M | 12.9% |
| 6 | $81.42 | 13,822 |
| $1.1M |
| 12.9% |
| 7 | $81.58 | 16,206 | $1.3M | 15.2% |
| 8 | $81.58 | 16,206 | $1.3M | 15.2% |
| 9 | $82.33 | 3,999 | $329K | 3.8% |
| 10 | $82.33 | 3,999 | $329K | 3.8% |
| 11 | $82.38 | 5,701 | $470K | 5.4% |
| 12 | $82.38 | 5,701 | $470K | 5.4% |
| Total | $81.46 avg | 107,000 | $8.7M | 100% |
| Filing → |
| NEWR | SELL | 2023-05-10 | $24.7M | — | Filing → |
| NEWR | SELL | 2023-04-07 | $2.2M | — | Filing → |
| NEWR | SELL | 2023-03-08 | $2.2M | — | Filing → |