Sigmund Anderman, Founder & Executive Chairman at ELLIE MAE INC (ELLI), sold 99,060 shares at $97.62 ($9.7M) on 2017-03-14, disclosed to the SEC on 2017-03-16.
Seasonal sale ($9.7M) by Founder & Executive Chairman — this insider has traded ELLI 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 | $97.62 | 24,502 | $2.4M | 24.6% |
| 2 | $97.62 | 24,502 | $2.4M | 24.6% |
| 3 | $98.06 | 100 | $10K | 0.1% |
| 4 | $98.18 | 21,127 | $2.1M | 21.4% |
| 5 | $98.18 | 21,127 | $2.1M | 21.4% |
| 6 | $99.00 | 7,702 |
| $762K |
| 7.9% |
| Total | $97.97 avg | 99,060 | $9.7M | 100% |
| Filing → |
| ELLI | SELL | 2019-02-26 | $357K | — | Filing → |
| ELLI | SELL | 2019-02-05 | $7.4M | — | Filing → |
| ELLI | SELL | 2019-01-03 | $2.3M | — | Filing → |