Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 49,355 shares at $76.24 ($3.7M) on 2022-02-11, disclosed to the SEC on 2022-02-14.
Seasonal sale ($3.7M) by Executive Chairman — this insider has traded NEWR in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $72.54 | 13,166 | $955K | 26.1% |
| 2 | $72.54 | 13,166 | $955K | 26.1% |
| 3 | $72.55 | 451 | $33K | 0.9% |
| 4 | $73.32 | 2,100 | $154K | 4.2% |
| 5 | $73.37 | 57 | $4K | 0.1% |
| 6 | $74.41 | 2,500 |
| $186K |
| 5.1% |
| 7 | $74.44 | 83 | $6K | 0.2% |
| 8 | $75.62 | 4,700 | $355K | 9.7% |
| 9 | $75.64 | 151 | $11K | 0.3% |
| 10 | $76.24 | 1,155 | $88K | 2.4% |
| 11 | $76.24 | 1,155 | $88K | 2.4% |
| 12 | $76.59 | 4,500 | $345K | 9.4% |
| 13 | $77.40 | 103 | $8K | 0.2% |
| 14 | $77.45 | 3,034 | $235K | 6.4% |
| 15 | $77.45 | 3,034 | $235K | 6.4% |
| Total | $74.13 avg | 49,355 | $3.7M | 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 → |