Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 30,000 shares at $60.18 ($1.8M) on 2022-10-06, disclosed to the SEC on 2022-10-07.
Seasonal sale ($1.8M) by Executive Chairman — this insider has traded NEWR in October in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $59.76 | 27,700 | $1.7M | 92.3% |
| 2 | $60.18 | 2,300 | $138K | 7.7% |
| Total | $59.79 avg | 30,000 | $1.8M | 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 → |