Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 47,725 shares at $60.72 ($2.9M) on 2022-03-07, disclosed to the SEC on 2022-03-09.
Seasonal sale ($2.9M) by Executive Chairman — this insider has traded NEWR in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $60.17 | 17,725 | $1.1M | 37.0% |
| 2 | $60.17 | 17,725 | $1.1M | 37.0% |
| 3 | $60.72 | 10,375 | $630K | 21.9% |
| 4 | $61.67 | 1,900 | $117K | 4.1% |
| Total | $60.35 avg | 47,725 | $2.9M | 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 → |