New Relic, Inc. (NEWR) Files Form 4 Insider Selling : Mark Sachleben Sells 3,500 Shares

New Relic, Inc. (NEWR): Mark Sachleben , Chief Financial Officer of New Relic, Inc. sold 3,500 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $37.42 per share for a total value of $130,970.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, Robin Schulman (VP, General Counsel /Secretary) sold 326 shares at $37.70 per share price.On Sep 21, 2016, Mark Sachleben (Chief Financial Officer) sold 1,369 shares at $37.70 per share price.Also, On Sep 19, 2016, Hilarie A. Koplow (President) sold 124 shares at $36.84 per share price.On Sep 19, 2016, James R. Gochee (Chief Product Officer) sold 304 shares at $36.83 per share price.

New Relic Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in New Relic Inc which led to swings in the share price. The shares opened for trading at $38.36 and hit $38.36 on the upside , eventually ending the session at $38.14, with a gain of 0.37% or 0.14 points. The heightened volatility saw the trading volume jump to 2,94,803 shares. The 52-week high of the share price is $40.13 and the company has a market cap of $1,939 M . The 52-week low of the share price is at $20.385.

New Relic Inc Money Flow Index Chart

New Relic Inc. (New Relic) is a provider of enterprise software. The Company’s cloud-based platform and range of products enables organizations to collect store and analyze software data in real time. The Company’s Software Analytics solution consists of an integrated suite of products a data database and an open platform. Its products for technology users focus on software performance management and monitoring. New Relic offers an integrated suite of seven products namely New Relic APM for application performance management; New Relic Mobile mobile application performance management; New Relic Servers for server monitoring for cloud and data centers; New Relic Browser for end user experience monitoring and performance monitoring; New Relic Synthetics for software testing through simulated usage; New Relic Plugins plugins to extend its functionality into other applications and New Relic Insights for real-time big data analytics for business managers.

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