Michael K. Simon, Director at LogMeIn, Inc. (LOGM), sold 40,000 shares at $114.01 ($4.6M) on 2017-05-09, disclosed to the SEC on 2017-05-11.
Seasonal sale ($4.6M) by Director — this insider has traded LOGM in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $113.54 | 9,065 | $1.0M | 22.6% |
| 2 | $113.54 | 9,065 | $1.0M | 22.6% |
| 3 | $114.01 | 8,817 | $1.0M | 22.1% |
| 4 | $114.01 | 8,817 | $1.0M | 22.1% |
| 5 | $115.21 | 2,118 | $244K | 5.4% |
| 6 | $115.21 | 2,118 |
| $244K |
| 5.4% |
| Total | $113.92 avg | 40,000 | $4.6M | 100% |
| Filing → |
| LOGM | SELL | 2019-05-08 | $3.5M | — | Filing → |
| LOGM | SELL | 2019-03-13 | $3.4M | — | Filing → |
| LOGM | SELL | 2019-03-05 | $3.5M | — | Filing → |