Murugesan Shanmugaraj, President & CEO at Acacia Communications, Inc. (ACIA), sold 16,880 shares at $49.55 ($842K) on 2019-05-17, disclosed to the SEC on 2019-05-20.
Seasonal sale ($842k) 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 | $49.55 | 2,780 | $138K | 16.4% |
| 2 | $49.55 | 8,340 | $413K | 49.1% |
| 3 | $50.47 | 1,440 | $73K | 8.6% |
| 4 | $50.47 | 4,320 | $218K | 25.9% |
| Total | $49.86 avg | 16,880 | $842K | 100% |
| Filing → |
| ACIA | SELL | 2020-06-05 | $387K | — | Filing → |
| ACIA | SELL | 2020-05-15 | $913K | — | Filing → |
| ACIA | SELL | 2020-03-20 | $518K | — | Filing → |