Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 136,000 shares at $60.54 ($3.6M) on 2022-09-07, disclosed to the SEC on 2022-09-09.
Seasonal sale ($3.6M) by Executive Chairman — this insider has traded NEWR in September in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 76,000 | $0 | 0.0% |
| 2 | $58.64 | 8,295 | $486K | 13.6% |
| 3 | $58.64 | 8,295 | $486K | 13.6% |
| 4 | $59.55 | 12,143 | $723K | 20.2% |
| 5 | $59.55 | 12,143 | $723K | 20.2% |
| 6 | $60.54 | 9,562 |
| $579K |
| 16.2% |
| 7 | $60.54 | 9,562 | $579K | 16.2% |
| Total | $26.30 avg | 136,000 | $3.6M | 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 → |