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New Relic Inc (NEWR) CEO Lewis Cirne Sold $1.4 million of Shares

CEO of New Relic Inc (30-Year Financial, Insider Trades) Lewis Cirne (insider trades) sold 16,000 shares of NEWR on 08/05/2019 at an average price of $85.23 a share. The total sale was $1.4 million.

New Relic Inc is a software-as-a-service provider of software analytics products which allow users to monitor software performance with .NET, Java, JavaScript, Node.js, PHP, Python, and Ruby applications deployed in a cloud or in a data center. New Relic Inc has a market cap of $4.86 billion; its shares were traded at around $83.24 with and P/S ratio of 9.88. GuruFocus has detected 2 severe warning signs with New Relic Inc. .

CEO Recent Trades:

  • CEO, 10% Owner Lewis Cirne sold 16,000 shares of NEWR stock on 08/05/2019 at the average price of $85.23. The price of the stock has decreased by 2.33% since.

CFO Recent Trades:

  • CFO Mark Sachleben sold 15,000 shares of NEWR stock on 07/15/2019 at the average price of $93.65. The price of the stock has decreased by 11.12% since.

Directors and Officers Recent Trades:

  • Chief Technology Officer James R. Gochee sold 6,850 shares of NEWR stock on 07/10/2019 at the average price of $92.8. The price of the stock has decreased by 10.3% since.

For the complete insider trading history of NEWR, click here

.This article first appeared on GuruFocus.