Sigmund Anderman, Founder & Executive Chairman at ELLIE MAE INC (ELLI), sold 23,050 shares at $84.67 ($2.0M) on 2016-03-08, disclosed to the SEC on 2016-03-09.
Seasonal sale ($2.0M) 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 | $84.67 | 11,175 | $946K | 48.5% |
| 2 | $84.67 | 11,175 | $946K | 48.5% |
| 3 | $85.47 | 700 | $60K | 3.1% |
| Total | $84.69 avg | 23,050 | $2.0M | 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 → |