Michael D. Perone, Chief Marketing Officer & EVP, 10% Owner at BARRACUDA NETWORKS INC (CUDA), sold 297,061 shares at $24.14 ($7.2M) on 2017-02-09, disclosed to the SEC on 2017-02-13.
Open-market sale of $7.2M CUDA by Chief Marketing Officer & EVP, 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $24.14 | 6,082 | $147K | 2.0% |
| 2 | $24.14 | 7,207 | $174K | 2.4% |
| 3 | $24.14 | 12,838 | $310K | 4.3% |
| 4 | $24.14 | 56,233 | $1.4M | 18.8% |
| 5 | $24.36 | 11,059 | $269K | 3.7% |
| 6 | $24.36 | 13,106 |
| $319K |
| 4.4% |
| 7 | $24.36 | 23,346 | $569K | 7.9% |
| 8 | $24.36 | 102,259 | $2.5M | 34.6% |
| 9 | $24.11 | 4,797 | $116K | 1.6% |
| 10 | $24.11 | 5,682 | $137K | 1.9% |
| 11 | $24.11 | 10,122 | $244K | 3.4% |
| 12 | $24.11 | 44,330 | $1.1M | 14.8% |
| Total | $24.24 avg | 297,061 | $7.2M | 100% |
| Filing → |
| CUDA | SELL | 2017-03-01 | $1.9M | — | Filing → |
| CUDA | SELL | 2017-02-21 | $1.2M | — | Filing → |
| CUDA | SELL | 2017-02-16 | $368K | — | Filing → |