Garrett Gruener, 10% Owner at ELLIE MAE INC (ELLI), sold 327,077 shares at $6.00 ($2.0M) on 2011-04-20, disclosed to the SEC on 2011-04-21.
Open-market sale of $2.0M ELLI by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.00 | 520 | $3K | 0.2% |
| 2 | $6.00 | 3,559 | $21K | 1.1% |
| 3 | $6.00 | 41,147 | $247K | 12.6% |
| 4 | $6.00 | 281,851 | $1.7M | 86.2% |
| Total | $6.00 avg | 327,077 | $2.0M | 100% |
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