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New Relic Inc (NEWR) CEO Lewis Cirne Sold $7.5 million of Shares

- By insider

CEO of New Relic Inc (NEWR) Lewis Cirne sold 89,000 shares of NEWR on 12/04/2018 at an average price of $84.76 a share. The total sale was $7.5 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 $4.9 billion; its shares were traded at around $86.04 with and P/S ratio of 11.65. 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 12/04/2018 at the average price of $84.76. The price of the stock has increased by 1.51% since.

CFO Recent Trades:

  • CFO Mark Sachleben sold 3,625 shares of NEWR stock on 11/20/2018 at the average price of $70.3. The price of the stock has increased by 22.39% since.
  • CFO Mark Sachleben sold 11,271 shares of NEWR stock on 11/19/2018 at the average price of $83.8. The price of the stock has increased by 2.67% since.
  • CFO Mark Sachleben sold 15,000 shares of NEWR stock on 11/12/2018 at the average price of $87.06. The price of the stock has decreased by 1.17% since.
  • CFO Mark Sachleben sold 7,500 shares of NEWR stock on 11/08/2018 at the average price of $96.49. The price of the stock has decreased by 10.83% since.

Directors and Officers Recent Trades:

  • Chief Revenue Officer Erica Schultz sold 382 shares of NEWR stock on 11/23/2018 at the average price of $75.16. The price of the stock has increased by 14.48% since.
  • Chief Revenue Officer Erica Schultz sold 2,661 shares of NEWR stock on 11/20/2018 at the average price of $70.3. The price of the stock has increased by 22.39% since.
  • Chief Revenue Officer Erica Schultz sold 3,679 shares of NEWR stock on 11/16/2018 at the average price of $82.59. The price of the stock has increased by 4.18% since.
  • Chief Product Officer James R. Gochee sold 2,381 shares of NEWR stock on 11/16/2018 at the average price of $83.75. The price of the stock has increased by 2.73% since.
  • Chief Product Officer James R. Gochee sold 4,000 shares of NEWR stock on 11/14/2018 at the average price of $83.64. The price of the stock has increased by 2.87% since.

For the complete insider trading history of NEWR, click here

.This article first appeared on GuruFocus.