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New Relic Inc (NEWR) CEO Lewis Cirne Sold $7.9 million of Shares

- By insider

CEO of New Relic Inc (NEWR) Lewis Cirne sold 89,000 shares of NEWR on 11/02/2018 at an average price of $88.23 a share. The total sale was $7.9 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 $86.07 with and P/S ratio of 12.44. 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 11/02/2018 at the average price of $88.23. The price of the stock has decreased by 2.45% since.

CFO Recent Trades:

  • CFO Mark Sachleben sold 22,500 shares of NEWR stock on 10/15/2018 at the average price of $84.1. The price of the stock has increased by 2.34% since.

Directors and Officers Recent Trades:

  • Chief Product Officer James R. Gochee sold 4,000 shares of NEWR stock on 10/17/2018 at the average price of $89.99. The price of the stock has decreased by 4.36% since.
  • Chief Revenue Officer Erica Schultz sold 1,800 shares of NEWR stock on 10/15/2018 at the average price of $84.15. The price of the stock has increased by 2.28% since.

For the complete insider trading history of NEWR, click here

.This article first appeared on GuruFocus.