Murugesan Shanmugaraj, President & CEO at Acacia Communications, Inc. (ACIA), sold 13,380 shares at $68.25 ($913K) on 2020-05-13, disclosed to the SEC on 2020-05-15.
Seasonal sale ($913k) 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 | $68.25 | 6,690 | $457K | 50.0% |
| 2 | $68.25 | 6,690 | $457K | 50.0% |
| Total | $68.25 avg | 13,380 | $913K | 100% |
| Filing → |
| ACIA | SELL | 2020-06-05 | $387K | — | Filing → |
| ACIA | SELL | 2020-03-20 | $518K | — | Filing → |
| ACIA | SELL | 2020-02-05 | $645K | — | Filing → |