Sigmund Anderman, Founder & Executive Chairman at ELLIE MAE INC (ELLI), sold 27,500 shares at $82.86 ($2.3M) on 2016-03-22, disclosed to the SEC on 2016-03-23.
Seasonal sale ($2.3M) 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 | $82.86 | 12,836 | $1.1M | 46.6% |
| 2 | $82.86 | 12,836 | $1.1M | 46.6% |
| 3 | $83.66 | 914 | $76K | 3.4% |
| 4 | $83.66 | 914 | $76K | 3.4% |
| Total | $82.91 avg | 27,500 | $2.3M | 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 → |