Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 29,520 shares at $63.02 ($1.9M) on 2023-02-07, disclosed to the SEC on 2023-02-09.
Seasonal sale ($1.9M) by Executive Chairman — this insider has traded NEWR in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $63.02 | 9,742 | $614K | 32.8% |
| 2 | $63.02 | 9,742 | $614K | 32.8% |
| 3 | $63.98 | 4,778 | $306K | 16.3% |
| 4 | $63.98 | 4,778 | $306K | 16.3% |
| 5 | $64.56 | 480 | $31K | 1.7% |
| Total | $63.36 avg | 29,520 |
| $1.9M |
| 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 → |