Murugesan Shanmugaraj, President & CEO at Acacia Communications, Inc. (ACIA), sold 65,794 shares at $62.45 ($518K) on 2020-03-18, disclosed to the SEC on 2020-03-20.
Seasonal sale ($518k) by President & CEO — this insider has traded ACIA 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 | $0.00 | 57,500 | $0 | 0.0% |
| 2 | $62.45 | 4,147 | $259K | 50.0% |
| 3 | $62.45 | 4,147 | $259K | 50.0% |
| Total | $7.87 avg | 65,794 | $518K | 100% |
| Filing → |
| ACIA | SELL | 2020-06-05 | $387K | — | Filing → |
| ACIA | SELL | 2020-05-15 | $913K | — | Filing → |
| ACIA | SELL | 2020-02-05 | $645K | — | Filing → |