Michael K. Simon, Director at LogMeIn, Inc. (LOGM), sold 42,500 shares at $81.92 ($3.5M) on 2019-05-06, disclosed to the SEC on 2019-05-08.
Seasonal sale ($3.5M) 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 | $81.90 | 1,700 | $139K | 4.0% |
| 2 | $81.92 | 11,489 | $941K | 26.9% |
| 3 | $81.92 | 11,489 | $941K | 26.9% |
| 4 | $82.82 | 8,511 | $705K | 20.2% |
| 5 | $82.82 | 8,511 | $705K | 20.2% |
| 6 | $82.91 | 800 |
| $66K |
| 1.9% |
| Total | $82.30 avg | 42,500 | $3.5M | 100% |
| Filing → |
| LOGM | SELL | 2019-03-13 | $3.4M | — | Filing → |
| LOGM | SELL | 2019-03-05 | $3.5M | — | Filing → |
| LOGM | SELL | 2018-12-06 | $3.7M | — | Filing → |