Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 30,000 shares at $72.17 ($2.2M) on 2023-04-06, disclosed to the SEC on 2023-04-07.
Scheduled sale ($2.2M) by Executive Chairman under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $72.17 | 2,157 | $156K | 7.1% |
| 2 | $72.17 | 2,157 | $156K | 7.1% |
| 3 | $73.01 | 9,324 | $681K | 31.1% |
| 4 | $73.01 | 9,324 | $681K | 31.1% |
| 5 | $73.82 | 3,519 | $260K | 11.8% |
| 6 | $73.82 | 3,519 |
| $260K |
| 11.8% |
| Total | $73.08 avg | 30,000 | $2.2M | 100% |
| Filing → |
| NEWR | SELL | 2023-05-10 | $24.7M | — | Filing → |
| NEWR | SELL | 2023-03-08 | $2.2M | — | Filing → |
| NEWR | SELL | 2023-02-09 | $1.9M | — | Filing → |