Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 32,000 shares at $66.53 ($2.1M) on 2022-04-06, disclosed to the SEC on 2022-04-07.
Seasonal sale ($2.1M) by Executive Chairman — this insider has traded NEWR in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $66.00 | 23,400 | $1.5M | 72.9% |
| 2 | $66.53 | 6,600 | $439K | 20.7% |
| 3 | $66.92 | 2,000 | $134K | 6.3% |
| Total | $66.17 avg | 32,000 | $2.1M | 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 → |