Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 49,800 shares at $58.71 ($2.9M) on 2022-05-06, disclosed to the SEC on 2022-05-09.
Seasonal sale ($2.9M) by Executive Chairman — this insider has traded NEWR 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 | $56.08 | 1,300 | $73K | 2.5% |
| 2 | $57.08 | 8,900 | $508K | 17.6% |
| 3 | $57.79 | 13,079 | $756K | 26.2% |
| 4 | $57.79 | 13,079 | $756K | 26.2% |
| 5 | $58.71 | 6,721 | $395K | 13.7% |
| 6 | $58.71 | 6,721 |
| $395K |
| 13.7% |
| Total | $57.87 avg | 49,800 | $2.9M | 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 → |