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Re:New Relic Inc CEO Sells $1,106,820 in Stock by frik on Friday February 05, 2016 @05:19PM (#11045072)
New Relic shuts down Seattle office, moves employees to 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"...

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Re:New Relic Inc CEO Sells $1,106,820 in Stock by robbiet480 on Friday February 05, 2016 @08:21PM (#11046021)
Sold 39,000 shares, leaving him with 376.

Earnings were reported yesterday (Thursday) but were better than estimates.

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Re:New Relic Inc CEO Sells $1,106,820 in Stock by rdlecler1 on Saturday February 06, 2016 @10:27AM (#11048080)
Maybe 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.
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Re:New Relic Inc CEO Sells $1,106,820 in Stock by jonesb6 on Friday February 05, 2016 @08:29PM (#11046044)
New 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.
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Re:New Relic Inc CEO Sells $1,106,820 in Stock by joeevans1000 on Friday February 05, 2016 @11:30PM (#11046557)
I 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).
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Re:New Relic Inc CEO Sells $1,106,820 in Stock by gatsby99 on Saturday February 06, 2016 @02:20PM (#11049268)
Sell whatever you own if any. Advice from someone thats been around.
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