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New Relic Inc CEO Sells $1,106,820 in Stock
- frik 11y agoNew Relic shuts down Seattle office, moves employees to Portland: http://www.geekwire.com/2016/new-relic-shuts-seattle-office-moves-employees-portland/ http://www.geekwire.com/2016/new-relic-shuts-seattle-office-... New Relic Stock is 22.23% down: http://finance.yahoo.com/echarts?s=NEWR+Interactive#{"range":"max","allowChartStacking":true} http://finance.yahoo.com/echarts?s=NEWR+Interactive#{"range"...
- robbiet480 11y agoSold 39,000 shares, leaving him with 376. Earnings were reported yesterday (Thursday) but were better than estimates.
- jonesb6 11y agoNew Relic got stuck trying to provide mainstream analytics in a world where analytics solutions must be highly tailored to the applications they are responsible for providing insights into.
- joeevans1000 11y agoI think it could be that he is able to see what is about to happen to the tech market (well, is starting to happen already).
- rdlecler1 11y agoMaybe he needs to cover his short positions, maybe he wants to buy a house. This represents 0.1% of the company. Although an insider sale is never a bullish signal, there can be lots of good reasons why someone might sell, including a greater need for diversification.
- gatsby99 11y agoSell whatever you own if any. Advice from someone thats been around.