Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 3,108 shares at $46.12 ($144K) on 2022-05-20, disclosed to the SEC on 2022-05-23.
Seasonal sale ($144k) 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 | $46.12 | 1,108 | $51K | 35.5% |
| 2 | $46.12 | 1,108 | $51K | 35.5% |
| 3 | $46.93 | 892 | $42K | 29.1% |
| Total | $46.35 avg | 3,108 | $144K | 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 → |