Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 50,000 shares at $54.11 ($2.7M) on 2023-01-06, disclosed to the SEC on 2023-01-09.
Seasonal sale ($2.7M) by Executive Chairman — this insider has traded NEWR in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $54.11 | 9,021 | $488K | 17.9% |
| 2 | $54.11 | 9,021 | $488K | 17.9% |
| 3 | $54.80 | 15,979 | $876K | 32.1% |
| 4 | $54.80 | 15,979 | $876K | 32.1% |
| Total | $54.55 avg | 50,000 | $2.7M | 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 → |