Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 59,527 shares at $54.58 ($3.2M) on 2022-12-06, disclosed to the SEC on 2022-12-07.
Seasonal sale ($3.2M) by Executive Chairman — this insider has traded NEWR in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $53.37 | 23,367 | $1.2M | 39.1% |
| 2 | $53.37 | 23,367 | $1.2M | 39.1% |
| 3 | $54.58 | 6,160 | $336K | 10.5% |
| 4 | $54.58 | 6,160 | $336K | 10.5% |
| 5 | $55.34 | 473 | $26K | 0.8% |
| Total | $53.64 avg | 59,527 |
| $3.2M |
| 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 → |