Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 17,266 shares at $421.13 ($7.3M) on 2021-02-17, disclosed to the SEC on 2021-02-18.
Seasonal sale ($7.3M) by Chief Strategy Officer — this insider has traded RNG in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $414.30 | 301 | $125K | 1.7% |
| 2 | $414.30 | 301 | $125K | 1.7% |
| 3 | $416.00 | 400 | $166K | 2.3% |
| 4 | $416.58 | 100 | $42K | 0.6% |
| 5 | $418.14 | 500 | $209K | 2.9% |
| 6 | $419.28 | 2,201 |
| $923K |
| 12.7% |
| 7 | $419.28 | 2,201 | $923K | 12.7% |
| 8 | $420.20 | 4,350 | $1.8M | 25.2% |
| 9 | $421.13 | 2,506 | $1.1M | 14.5% |
| 10 | $421.13 | 2,506 | $1.1M | 14.5% |
| 11 | $422.04 | 1,300 | $549K | 7.6% |
| 12 | $423.21 | 300 | $127K | 1.8% |
| 13 | $424.75 | 300 | $127K | 1.8% |
| Total | $420.12 avg | 17,266 | $7.3M | 100% |
| Filing → |
| RNG | SELL | 2021-01-20 | $7.5M | — | Filing → |
| RNG | SELL | 2020-12-16 | $7.0M | — | Filing → |
| RNG | SELL | 2020-11-18 | $6.4M | — | Filing → |