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New Relic Inc (NEWR) CEO Lewis Cirne Sold $7.8 million of Shares

- By insider

CEO of New Relic Inc (NEWR) Lewis Cirne sold 89,000 shares of NEWR on 10/02/2018 at an average price of $88.09 a share. The total sale was $7.8 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 $5.04 billion; its shares were traded at around $89.26 with and P/S ratio of 12.92. New Relic Inc had annual average EBITDA growth of 5.50% over the past five years.


CEO Recent Trades:

  • CEO, 10% Owner Lewis Cirne sold 89,000 shares of NEWR stock on 10/02/2018 at the average price of $88.09. The price of the stock has increased by 1.33% since.
  • CEO, 10% Owner Lewis Cirne sold 89,000 shares of NEWR stock on 09/05/2018 at the average price of $98.81. The price of the stock has decreased by 9.67% since.

CFO Recent Trades:

  • CFO Mark Sachleben sold 1,052 shares of NEWR stock on 09/20/2018 at the average price of $98.63. The price of the stock has decreased by 9.5% since.
  • CFO Mark Sachleben sold 23,651 shares of NEWR stock on 09/17/2018 at the average price of $105.97. The price of the stock has decreased by 15.77% since.
  • CFO Mark Sachleben sold 7,500 shares of NEWR stock on 09/06/2018 at the average price of $98.2. The price of the stock has decreased by 9.1% since.

Directors and Officers Recent Trades:

  • Chief Product Officer James R. Gochee sold 508 shares of NEWR stock on 09/17/2018 at the average price of $101.48. The price of the stock has decreased by 12.04% since.
  • Chief Revenue Officer Erica Schultz sold 2,739 shares of NEWR stock on 09/17/2018 at the average price of $104.59. The price of the stock has decreased by 14.66% since.
  • Chief Product Officer James R. Gochee sold 4,000 shares of NEWR stock on 09/12/2018 at the average price of $109.38. The price of the stock has decreased by 18.39% since.
  • Director Peter H Fenton sold 51,971 shares of NEWR stock on 09/12/2018 at the average price of $109.45. The price of the stock has decreased by 18.45% since.

For the complete insider trading history of NEWR, click here

.This article first appeared on GuruFocus.