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New Relic Inc (NEWR) CFO Mark Sachleben Sold $632,100 of Shares

CFO of New Relic Inc (30-Year Financial, Insider Trades) Mark Sachleben (insider trades) sold 10,000 shares of NEWR on 08/13/2019 at an average price of $63.21 a share. The total sale was $632,100.

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 $3.48 billion; its shares were traded at around $59.60 with and P/S ratio of 7.05. 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 30.07% since.

CFO Recent Trades:

  • CFO Mark Sachleben sold 10,000 shares of NEWR stock on 08/13/2019 at the average price of $63.21. The price of the stock has decreased by 5.71% since.

Directors and Officers Recent Trades:

  • Chief Technology Officer James R. Gochee sold 4,000 shares of NEWR stock on 08/14/2019 at the average price of $60.75. The price of the stock has decreased by 1.89% since.

For the complete insider trading history of NEWR, click here

.This article first appeared on GuruFocus.