Murugesan Shanmugaraj, President & CEO at Acacia Communications, Inc. (ACIA), sold 16,867 shares at $52.38 ($882K) on 2019-05-13, disclosed to the SEC on 2019-05-15.
Seasonal sale ($882k) 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 | $52.38 | 7,071 | $370K | 42.0% |
| 2 | $52.38 | 7,071 | $370K | 42.0% |
| 3 | $51.80 | 2,725 | $141K | 16.0% |
| Total | $52.29 avg | 16,867 | $882K | 100% |
| Filing → |
| ACIA | SELL | 2020-06-05 | $387K | — | Filing → |
| ACIA | SELL | 2020-05-15 | $913K | — | Filing → |
| ACIA | SELL | 2020-03-20 | $518K | — | Filing → |