Michael K. Simon, Director at LogMeIn, Inc. (LOGM), sold 40,000 shares at $82.91 ($3.3M) on 2018-08-27, disclosed to the SEC on 2018-08-29.
Seasonal sale ($3.3M) by Director — this insider has traded LOGM in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $82.61 | 19,001 | $1.6M | 47.5% |
| 2 | $82.61 | 19,001 | $1.6M | 47.5% |
| 3 | $82.91 | 999 | $83K | 2.5% |
| 4 | $82.91 | 999 | $83K | 2.5% |
| Total | $82.62 avg | 40,000 | $3.3M | 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 → |