Lewis Cirne, Executive Chairman at NEW RELIC, INC. (NEWR), sold 30,000 shares at $74.02 ($2.2M) on 2023-03-07, disclosed to the SEC on 2023-03-08.
Seasonal sale ($2.2M) by Executive Chairman — this insider has traded NEWR in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $74.02 | 13,524 | $1.0M | 45.0% |
| 2 | $74.02 | 13,524 | $1.0M | 45.0% |
| 3 | $74.78 | 1,476 | $110K | 5.0% |
| 4 | $74.78 | 1,476 | $110K | 5.0% |
| Total | $74.09 avg | 30,000 | $2.2M | 100% |
| Filing → |
| NEWR | SELL | 2023-05-10 | $24.7M | — | Filing → |
| NEWR | SELL | 2023-04-07 | $2.2M | — | Filing → |
| NEWR | SELL | 2023-02-09 | $1.9M | — | Filing → |