New Relic, Inc. (NYSE:NEWR – Get Rating) has been assigned an average rating of “Moderate Buy” from the sixteen analysts that are covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the […]
New Relic, Inc. (NYSE:NEWR – Get Rating) Chairman Lewis Cirne sold 15,000 shares of the firm’s stock in a transaction on Thursday, April 6th. The shares were sold at an average price of $73.08, for a total transaction of $1,096,200.00. Following the completion of the transaction, the chairman now directly owns 5,093,148 shares in the […]
DA Davidson assumed coverage on shares of New Relic (NYSE:NEWR – Get Rating) in a research report sent to investors on Wednesday, The Fly reports. The brokerage issued a buy rating and a $100.00 target price on the software maker’s stock. Several other brokerages have also recently weighed in on NEWR. Truist Financial raised their […]
New Relic, Inc. (NYSE:NEWR – Get Rating) Chairman Lewis Cirne sold 15,000 shares of the company’s stock in a transaction on Thursday, April 6th. The shares were sold at an average price of $73.08, for a total value of $1,096,200.00. Following the completion of the transaction, the chairman now directly owns 5,093,148 shares in the […]
New Relic, Inc. (NYSE:NEWR – Get Rating) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 804,700 shares, a decline of 27.5% from the February 28th total of 1,110,000 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average […]