Kris A. Canekeratne, Chairman & CEO at VIRTUSA CORP (VRTU), sold 45,270 shares at $50.27 ($2.3M) on 2019-03-01, disclosed to the SEC on 2019-03-05.
Seasonal sale ($2.3M) by Chairman & CEO — this insider has traded VRTU 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 | $50.27 | 10,000 | $503K | 22.0% |
| 2 | $50.27 | 10,000 | $503K | 22.0% |
| 3 | $50.77 | 8,206 | $417K | 18.2% |
| 4 | $50.77 | 17,064 | $866K | 37.9% |
| Total | $50.55 avg | 45,270 | $2.3M | 100% |
| Filing → |
| VRTU | SELL | 2019-10-24 | $266K | — | Filing → |
| VRTU | SELL | 2019-09-04 | $549K | — | Filing → |
| VRTU | SELL | 2019-07-01 | $332K | — | Filing → |