Michael D. Perone, Director, 10% Owner at BARRACUDA NETWORKS INC (CUDA), sold 403,060 shares at $24.13 ($9.7M) on 2017-07-10, disclosed to the SEC on 2017-07-12.
Scheduled sale ($9.7M) by Director, 10% Owner 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 | $24.13 | 29,688 | $716K | 7.4% |
| 2 | $24.13 | 34,704 | $837K | 8.6% |
| 3 | $24.13 | 61,747 | $1.5M | 15.3% |
| 4 | $24.13 | 276,921 | $6.7M | 68.7% |
| Total | $24.13 avg | 403,060 | $9.7M | 100% |
| Filing → |
| CUDA | SELL | 2017-10-04 | $9.2M | — | Filing → |
| CUDA | SELL | 2017-09-29 | $2.9M | — | Filing → |
| CUDA | SELL | 2017-09-27 | $4.7M | — | Filing → |