Michael K. Simon, Director at LogMeIn, Inc. (LOGM), sold 40,000 shares at $110.15 ($4.4M) on 2018-05-01, disclosed to the SEC on 2018-05-01.
Seasonal sale ($4.4M) by Director — this insider has traded LOGM 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 | $109.08 | 3,306 | $361K | 8.2% |
| 2 | $109.08 | 3,306 | $361K | 8.2% |
| 3 | $110.15 | 14,546 | $1.6M | 36.4% |
| 4 | $110.15 | 14,546 | $1.6M | 36.4% |
| 5 | $110.71 | 2,148 | $238K | 5.4% |
| 6 | $110.71 | 2,148 |
| $238K |
| 5.4% |
| Total | $110.03 avg | 40,000 | $4.4M | 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 → |