Sigmund Anderman, Founder & Executive Chairman at ELLIE MAE INC (ELLI), sold 70,320 shares at $83.71 ($6.0M) on 2016-02-26, disclosed to the SEC on 2016-02-29.
Seasonal sale ($6.0M) by Founder & Executive Chairman — this insider has traded ELLI in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $83.71 | 5,224 | $437K | 7.3% |
| 2 | $83.71 | 5,224 | $437K | 7.3% |
| 3 | $84.76 | 29,136 | $2.5M | 41.5% |
| 4 | $84.76 | 29,136 | $2.5M | 41.5% |
| 5 | $85.55 | 1,600 | $137K | 2.3% |
| Total | $84.62 avg | 70,320 |
| $6.0M |
| 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 → |