Murugesan Shanmugaraj, President & CEO at Acacia Communications, Inc. (ACIA), sold 51,126 shares at $49.97 ($2.6M) on 2019-05-16, disclosed to the SEC on 2019-05-20.
Seasonal sale ($2.6M) by President & CEO — this insider has traded ACIA in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $49.97 | 2,661 | $133K | 5.2% |
| 2 | $49.97 | 7,985 | $399K | 15.6% |
| 3 | $49.97 | 2,661 | $133K | 5.2% |
| 4 | $49.97 | 7,985 | $399K | 15.6% |
| 5 | $51.00 | 1,639 | $84K | 3.3% |
| 6 | $51.00 | 4,915 |
| $251K |
| 9.8% |
| 7 | $49.55 | 8,340 | $413K | 16.1% |
| 8 | $49.55 | 2,780 | $138K | 5.4% |
| 9 | $50.47 | 4,320 | $218K | 8.5% |
| 10 | $50.47 | 1,440 | $73K | 2.8% |
| 11 | $50.47 | 4,320 | $218K | 8.5% |
| 12 | $50.47 | 1,440 | $73K | 2.8% |
| 13 | $51.13 | 240 | $12K | 0.5% |
| 14 | $51.13 | 80 | $4K | 0.2% |
| 15 | $51.13 | 240 | $12K | 0.5% |
| 16 | $51.13 | 80 | $4K | 0.2% |
| Total | $50.14 avg | 51,126 | $2.6M | 100% |
| Filing → |
| ACIA | SELL | 2020-06-05 | $387K | — | Filing → |
| ACIA | SELL | 2020-05-15 | $913K | — | Filing → |
| ACIA | SELL | 2020-03-20 | $518K | — | Filing → |