Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 65,460 shares at $67.62 ($4.4M) on 2022-08-08, disclosed to the SEC on 2022-08-10.
Seasonal sale ($4.4M) by Executive Chairman — this insider has traded NEWR in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $67.22 | 19,106 | $1.3M | 29.0% |
| 2 | $67.22 | 19,106 | $1.3M | 29.0% |
| 3 | $67.62 | 3,600 | $243K | 5.5% |
| 4 | $67.62 | 3,600 | $243K | 5.5% |
| 5 | $68.14 | 8,754 | $596K | 13.5% |
| 6 | $68.14 | 8,754 |
| $596K |
| 13.5% |
| 7 | $68.71 | 400 | $27K | 0.6% |
| 8 | $68.90 | 2,140 | $147K | 3.3% |
| Total | $67.57 avg | 65,460 | $4.4M | 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 → |