ELCA Fund III, LP, 10% Owner at RingCentral Inc (RNG), sold 49,000 shares at $106.49 ($5.2M) on 2019-03-13, disclosed to the SEC on 2019-03-14.
Scheduled sale ($5.2M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $104.22 | 11,834 | $1.2M | 23.9% |
| 2 | $105.09 | 4,064 | $427K | 8.3% |
| 3 | $103.99 | 4,107 | $427K | 8.3% |
| 4 | $105.04 | 12,094 | $1.3M | 24.7% |
| 5 | $105.83 | 8,552 | $905K | 17.6% |
| 6 | $106.49 | 8,349 |
| $889K |
| 17.3% |
| Total | $105.14 avg | 49,000 | $5.2M | 100% |
| Filing → |
| RNG | SELL | 2020-02-26 | $19.0M | — | Filing → |
| RNG | SELL | 2019-12-11 | $11.5M | — | Filing → |
| RNG | SELL | 2019-09-10 | $6.7M | — | Filing → |