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New Relic Inc (NEWR) CEO Lewis Cirne Sold $6.8 million of Shares

- By insider

CEO of New Relic Inc (NEWR) Lewis Cirne sold 89,000 shares of NEWR on 01/03/2019 at an average price of $76.4 a share. The total sale was $6.8 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 $4.61 billion; its shares were traded at around $80.88 with and P/S ratio of 10.91. 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 01/03/2019 at the average price of $76.4. The price of the stock has increased by 5.86% since.

CFO Recent Trades:

  • CFO Mark Sachleben sold 1,071 shares of NEWR stock on 12/20/2018 at the average price of $80.28. The price of the stock has increased by 0.75% since.
  • CFO Mark Sachleben sold 23,633 shares of NEWR stock on 12/17/2018 at the average price of $85.07. The price of the stock has decreased by 4.93% since.
  • CFO Mark Sachleben sold 7,500 shares of NEWR stock on 12/06/2018 at the average price of $80.69. The price of the stock has increased by 0.24% since.

Directors and Officers Recent Trades:

  • Chief Revenue Officer Erica Schultz sold 874 shares of NEWR stock on 12/19/2018 at the average price of $81.26. The price of the stock has decreased by 0.47% since.
  • Chief Product Officer James R. Gochee sold 500 shares of NEWR stock on 12/17/2018 at the average price of $84.83. The price of the stock has decreased by 4.66% since.
  • Chief Revenue Officer Erica Schultz sold 924 shares of NEWR stock on 12/17/2018 at the average price of $84.88. The price of the stock has decreased by 4.71% since.
  • Chief Product Officer James R. Gochee sold 4,000 shares of NEWR stock on 12/12/2018 at the average price of $85.79. The price of the stock has decreased by 5.72% since.

For the complete insider trading history of NEWR, click here

.This article first appeared on GuruFocus.