Sigmund Anderman, Director at ELLIE MAE INC (ELLI), sold 89,600 shares at $83.36 ($7.4M) on 2019-02-04, disclosed to the SEC on 2019-02-05.
Seasonal sale ($7.4M) by Director — this insider has traded ELLI in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $81.76 | 23,400 | $1.9M | 25.9% |
| 2 | $81.76 | 23,400 | $1.9M | 25.9% |
| 3 | $82.81 | 2,915 | $241K | 3.3% |
| 4 | $82.81 | 2,915 | $241K | 3.3% |
| 5 | $83.36 | 18,485 | $1.5M | 20.8% |
| 6 | $83.36 | 18,485 |
| $1.5M |
| 20.8% |
| Total | $82.49 avg | 89,600 | $7.4M | 100% |
| Filing → |
| ELLI | SELL | 2019-02-26 | $357K | — | Filing → |
| ELLI | SELL | 2019-01-03 | $2.3M | — | Filing → |
| ELLI | SELL | 2018-09-19 | $20K | — | Filing → |