Murugesan Shanmugaraj, President & CEO at Acacia Communications, Inc. (ACIA), sold 17,200 shares at $49.97 ($866K) on 2019-05-16, disclosed to the SEC on 2019-05-20.
Seasonal sale ($866k) 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 | $49.97 | 2,661 | $133K | 15.4% |
| 2 | $49.97 | 7,985 | $399K | 46.1% |
| 3 | $51.00 | 1,639 | $84K | 9.6% |
| 4 | $51.00 | 4,915 | $251K | 28.9% |
| Total | $50.36 avg | 17,200 | $866K | 100% |
| Filing → |
| ACIA | SELL | 2020-06-05 | $387K | — | Filing → |
| ACIA | SELL | 2020-05-15 | $913K | — | Filing → |
| ACIA | SELL | 2020-03-20 | $518K | — | Filing → |