Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 17,590 shares at $188.17 ($3.3M) on 2020-01-15, disclosed to the SEC on 2020-01-17.
Seasonal sale ($3.3M) by Chief Strategy Officer — this insider has traded RNG in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $186.01 | 200 | $37K | 1.1% |
| 2 | $187.30 | 900 | $169K | 5.1% |
| 3 | $188.17 | 1,120 | $211K | 6.3% |
| 4 | $188.17 | 1,120 | $211K | 6.3% |
| 5 | $189.34 | 2,813 | $533K | 16.0% |
| 6 | $189.34 | 2,813 |
| $533K |
| 16.0% |
| 7 | $190.12 | 1,197 | $228K | 6.8% |
| 8 | $190.12 | 1,197 | $228K | 6.8% |
| 9 | $189.83 | 1,400 | $266K | 8.0% |
| 10 | $190.90 | 3,530 | $674K | 20.2% |
| 11 | $191.71 | 1,300 | $249K | 7.5% |
| Total | $189.68 avg | 17,590 | $3.3M | 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 → |