Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 10,855 shares at $157.48 ($1.7M) on 2019-10-04, disclosed to the SEC on 2019-10-07.
Seasonal sale ($1.7M) by Chief Strategy Officer — this insider has traded RNG in October in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $149.19 | 7,545 | $1.1M | 68.0% |
| 2 | $156.40 | 398 | $62K | 3.8% |
| 3 | $157.48 | 400 | $63K | 3.8% |
| 4 | $160.08 | 1,184 | $190K | 11.5% |
| 5 | $161.33 | 822 | $133K | 8.0% |
| 6 | $162.58 | 506 |
| $82K |
| 5.0% |
| Total | $152.49 avg | 10,855 | $1.7M | 100% |
| Filing → |
| RNG | SELL | 2021-02-18 | $7.3M | — | Filing → |
| RNG | SELL | 2021-01-20 | $7.5M | — | Filing → |
| RNG | SELL | 2020-12-16 | $7.0M | — | Filing → |