Inc. Corelogic, 10% Owner at ELLIE MAE INC (ELLI), sold 1,150,000 shares at $5.25 ($6.0M) on 2011-11-11, disclosed to the SEC on 2011-11-17.
Open-market sale of $6.0M 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 | $5.25 | 900,000 | $4.7M | 78.3% |
| 2 | $5.25 | 250,000 | $1.3M | 21.7% |
| Total | $5.25 avg | 1,150,000 | $6.0M | 100% |